摘要：Our paper explores determinants of plastic firms’ working capital requirements (WCR). The study used panel data obtained from 37 listed plastic firms on Vietnamese stock exchange for the period 2016-2020. Different estimation methods were employed to test all the hypothesis, namely, pooled OLS, FEM, REM, SGMM and Quantile regression. The research result shows that the internal factors such as: receivables, cash, inventory, revenue growth, return on total assets, operating cycle have a statistically significant positive relationship with the working capital requirements of plastic companies while accounts payable, firm size have a statistically significant negative relationship with the former. In terms of external factors, inflation has a statistically significant positive relationship with WCR while changes in exchange rate have a negative correlation (significantly) with that of listed plastic companies.
关键词：Determinants;Working Capital Requirements;Plastic Firms;Vietnam
