The impact of working capital management on firm profitability in different business cycles: Evidence from Finland
Open accessIntegrity signals
Registry
Cites
Statistics
Claims the paper makes
Cites
Does Working Capital Management Affect Profitability of Belgian Firms?
Deloof, M. (2003) · Journal of Business Finance & Accounting · doi:10.1111/1468-5957.00008 · Cited by 1,849 · see citing works
Flagged first, then by citations
Cited by
Sorted by citations
Working capital management and firms’ profitability: Evidence from emerging Asian countries
Singhania, M., & Mehta, P. (2017) · South Asian Journal of Business Studies · doi:10.1108/sajbs-09-2015-0060 · Cited by 109 · see citing works
Habib, A. M., & Dalwai, T. (2024) · Journal of the knowledge economy · doi:10.1007/s13132-023-01138-7 · Cited by 99 · see citing works
“…on firm performance (Ameer & Othman, 2021; Anton & Afloarei Nucu, 2021; Chambers & Cifter, 2022; Dhole et al., 2019; EL-Ansary & Al-Gazzar, 2020; Enqvist et al., 2014; Mardones, 2021; Masri & Abdulla, 2018; Mun & Jang, 2015; Rey-Ares et al., 2021; Seth, Chadha, Sharma Satyendra, et al., 2020;…”
Impact of Working Capital Management on Firm’s Profitability: Empirical Evidence from Vietnam
National Economics University, NGUYEN, A. H., PHAM, H. T., & NGUYEN, H. T. (2020) · The Journal of Asian Finance, Economics and Business · doi:10.13106/jafeb.2020.vol7.no3.115 · Cited by 90 · see citing works
Tran, H., Abbott, M., & Jin Yap, C. (2017) · Journal of Small Business and Enterprise Development · doi:10.1108/jsbed-05-2016-0070 · Cited by 84 · see citing works
Impact of working capital management on profitability: evidence from listed companies in Qatar
Aldubhani, M. A. Q., Wang, J., Gong, T., & Maudhah, R. A. (2022) · Journal of Money and Business · doi:10.1108/jmb-08-2021-0032 · Cited by 80 · see citing works
Habib, A. M., & Kayani, U. N. (2022) · Corporate Governance: The International Journal of Business in Society · doi:10.1108/cg-12-2021-0440 · Cited by 77 · see citing works
Sawarni, K. S., Narayanasamy, S., & Ayyalusamy, K. (2020) · International Journal of Productivity and Performance Management · doi:10.1108/ijppm-10-2019-0468 · Cited by 58 · see citing works
Habib, A. M., & Mourad, N. (2022) · Operations Research Forum · doi:10.1007/s43069-022-00155-7 · Cited by 49 · see citing works
Kiymaz, H., Haque, S., & Choudhury, A. A. (2024) · Borsa Istanbul Review · doi:10.1016/j.bir.2024.03.004 · Cited by 38 · see citing works
Economic downturns and working capital management practices: A qualitative enquiry
Simon, S., Sawandi, N., Kumar, S., & El-Bannany, M. (2021) · Qualitative Research in Financial Markets · doi:10.1108/qrfm-09-2020-0181 · Cited by 25 · see citing works
Does working capital management affect firm profitability? Evidence from European Union countries
Deari, F., Kukeli, A., Barbuta-Misu, N., & Virlanuta, F. O. (2024) · Journal of Economic and Administrative Sciences · doi:10.1108/jeas-11-2021-0222 · Cited by 23 · see citing works
Working capital, cash flow and profitability of intensive MSMEs: Evidence from Ecuador
Briones, O. F., Camino-Mogro, S. M., & Navas, V. J. (2024) · Journal of Entrepreneurship in Emerging Economies · doi:10.1108/jeee-01-2022-0003 · Cited by 21 · see citing works
Zimon, G. (2021) · Encyclopedia · doi:10.3390/encyclopedia1030058 · Cited by 22 · see citing works
Šeligová, M. (2022) · Springer Proceedings in Business and Economics · doi:10.1007/978-3-030-98179-2_24 · Cited by 1 · see citing works
Cosima, T., Ahmed, E. M., & Elfaki, K. E. (2025) · Quality & Quantity · doi:10.1007/s11135-025-02250-3
“…1998 ; Opler et al. 1999 ; Deloof 2003; Padachi 2006 ; Falope and Ajilore 2009 ; Dong and Su 2010; Vahid et al. 2012 ; Bei and Wijewardana 2012 ; Enqvist et al. 2014; Mun and Jang 2015 ; Chen and Kieschnick 2018; Verbeke et al. 2018 ; Alarussi and Alhaderi 2018 ) on many business kinds, in…”
- Authors
- Enqvist, J., Graham, M., & Nikkinen, J.
- Affiliations
- Stockholm University (SE)
- University of Vaasa (FI)
- Corresponding author
- Graham, Michael
- ORCID
- Graham, Michael
- Venue
- Research in International Business and Finance
- Publisher
- Elsevier BV
- Published
- 2014-08
- Volume
- 32
- Pages
- 36-49
- ISSN
- 0275-5319 (ISSN-L)
- OpenAlex
- W3124780013
- Cited by
- 483
- References
- 1
- Citations by year
- 2026: 46 · 2025: 40 · 2024: 51 · 2023: 55 · 2022: 47 · 2021: 51 · 2020: 45 · 2019: 40 · 2018: 37 · 2017: 23 · 2016: 23 · 2015: 14 · 2014: 6 · 2013: 4 · 2012: 1
- FWCI
- 89.02
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- Research in International Business and Finance (publishedVersion)
- SSRN Electronic Journal (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- Business Finland
- Topics
- Social Sciences › Business, Management and Accounting › Accounting › Working Capital and Financial Performance
- Social Sciences › Business, Management and Accounting › Management Information Systems › Supply Chain and Inventory Management
- Social Sciences › Business, Management and Accounting › Accounting › Corporate Finance and Governance
- Keywords
- working capital management, firm profitability, business cycles, economic downturn, inventory management, financial planning, Finnish listed companies
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review