出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The main objective of the study is to find out the impact of corporate governance practices on Working capital management. Secondary literature reviews and Secondary data collection methods were used to conduct the study. Twenty five listed manufacturing firms were selected as sample size in Colombo Stock Exchange for the period from 2007 to 2011. Multiple Regression Analysis was utilized to find out the significant impact of corporate Governance practices on the Working Capital Management. The results revealed that there is a significant impact of corporate Governance practices on current liabilities to total assets in working capital management. In contrast, the cash conversion cycle and the current assets to total assets are not influenced by the corporate governance practices. Based on the findings, we recommended to the policy makers in the corporate governance practices to establish the models of corporate governance that must be suitable to the manufacturing sector in Sri Lanka to ensure the survival, solvency, and profitability of the business.
关键词：Corporate Governance practices; Manufacturing companies and Working Capital Management Efficiency.
