DC FieldValueLanguage
dc.contributor.authorHyz, Alina-
dc.contributor.authorKalantonis, Petros-
dc.contributor.authorStavroulakis, Dimitrios-
dc.date.accessioned2024-02-20T09:10:26Z-
dc.date.available2024-02-20T09:10:26Z-
dc.date.issued2018-02-25-
dc.identifiergoogle_scholar-qzUwVLsAAAAJ:3_LpOwP6eMYC-
dc.identifier.issn1741-8062-
dc.identifier.otherqzUwVLsAAAAJ:3_LpOwP6eMYC-
dc.identifier.urihttps://uniwacris.uniwa.gr/handle/3000/1003-
dc.description.abstractThe main purpose of this paper is an empirical investigation of the relationship between working capital management and firms' performance in Small and Medium Enterprises (SMEs) in Greece during the crisis period. We used a data set of 459 SMEs split-up over eight sectors of economic activities according to the European NACE classification scheme. The research covers the period of 2008-2012, which gives the five-year period of observation of financial results of selected companies. The efficiency of working capital management was measured by accounts receivables turnover, inventories turnover, accounts payables turnover and cash conversion cycle. Return on assets was used as the profitability variable. The study is based on correlation and regression analysis to analyse data. The results indicate that all working capital components significantly affect Greek SMEs profitability. The paper is organised as follows: in the next section we briefly present the problem based on literature review. This is followed by the presentation of research methodology and the data sources used in the analysis. The results are presented and discussed in Section 3. Last section summarises the conclusions and presents further opportunities for research.en_US
dc.language.isoenen_US
dc.publisherInderscience Publishers (IEL)en_US
dc.relation.ispartofInternational Journal of Financial Services Managementen_US
dc.sourceInternational Journal of Financial Services Management 9 (1), 47-59, 2018-
dc.subjectSMEen_US
dc.subjectWorking capitalen_US
dc.subjectProfitabilityen_US
dc.subjectGreeceen_US
dc.titleManagement of working capital-the Achilles heel of small and medium enterprises: the case of Greeceen_US
dc.typeArticleen_US
dc.identifier.doi10.1504/IJFSM.2018.089919en_US
dc.relation.deptDepartment of Accounting and Financeen_US
dc.relation.facultySchool of Administrative, Economics and Social Sciencesen_US
dc.relation.volume9en_US
dc.relation.issue1en_US
dc.identifier.spage47en_US
dc.identifier.epage59en_US
dc.linkhttps://www.inderscience.com/info/inarticle.php?artid=89919en_US
dc.collaborationUniversity of West Attica (UNIWA)en_US
dc.subject.fieldSocial Sciencesen_US
dc.journalsSubscriptionen_US
dc.publicationPeer Revieweden_US
dc.countryGreeceen_US
item.grantfulltextnone-
item.cerifentitytypePublications-
item.openairetypeArticle-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.fulltextNo Fulltext-
item.languageiso639-1en-
crisitem.author.deptDepartment of Accounting and Finance-
crisitem.author.deptDepartment of Tourism Management-
crisitem.author.facultySchool of Administrative, Economics and Social Sciences-
crisitem.author.facultySchool of Administrative, Economics and Social Sciences-
crisitem.author.orcid0000-0002-0017-150X-
crisitem.author.orcid0000-0002-7055-9681-
crisitem.author.parentorgSchool of Administrative, Economics and Social Sciences-
crisitem.author.parentorgSchool of Administrative, Economics and Social Sciences-
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