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ZENODO
Other literature type . 2025
License: CC BY
Data sources: ZENODO
ZENODO
Other literature type . 2025
License: CC BY
Data sources: Datacite
ZENODO
Other literature type . 2025
License: CC BY
Data sources: Datacite
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EVIDENCE FROM UK NON-FINANCIAL FIRMS DEMONSTRATES THE MODERATING EFFECT OF ECONOMIC POLICY UNCERTAINTY ON THE RELATIONSHIP BETWEEN WORKING CAPITAL MANAGEMENT AND PROFITABILITY

Authors: Israel Odion E. Idewele (PhD), Obasi Ama Ibiam (PhD), Udochukukwu Chikaodili Nkemdilim, Eke Chukwuma Nnate (PhD), Udoka Stephen Otika, Promise Nwakaego Edeogu (PhD), Samuel N. Nwosu (PhD);

EVIDENCE FROM UK NON-FINANCIAL FIRMS DEMONSTRATES THE MODERATING EFFECT OF ECONOMIC POLICY UNCERTAINTY ON THE RELATIONSHIP BETWEEN WORKING CAPITAL MANAGEMENT AND PROFITABILITY

Abstract

Abstract Uncertainty in financial coverage is undoubtedly regarded as one of the numerous factors that could impacttherelationship between operating capital and profitability. The EPU can lead to greater uncertainty in the business environment, which can affect a company's ability to effectively manage its working capital. This study investigates the extent Our study's objective is to determine how the UK's financial coverage uncertainty (EPU) index,The Fixed Effect Method, Random Effect Method, and two-level Generalized Method of Moments (GMM) to analyze the records for 199 UK production companies Methodology: Fixed Effect Method, Random Effect Method, and two-level Generalized Method of Moments (GMM) was used to analyze the records for 199 UK production companies in order to solve the endogeneity issue and reliable results. Results: The results of the analysis showed that financial coverage uncertainty (EPU) had a statistically significant impact on the relationship between Cash conversion cycle (CCC) and profitability. Conclusion :Working capital is typically a significant investment for companies. Contribution: Companies need make sure they have the liquidity they need to fulfill their immediate obligations, they should concentrate on streamlining their working capital management procedures. KEYWORDS: working capital management, cash conversion cycle, economic policy uncertainty, return on operating assets, UK non- financial firms 

Keywords

working capital management, cash conversion cycle, economic policy uncertainty, return on operating assets, UK non- financial firms

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average