The DOI matches its Crossref record; 23 of the 26 references it cites were found in a registry or an index.
Impact of Financial Management Practices on SMEs Profitability with Moderating Role of Agency Cost
Open accessAbstract
The importance of Small and medium enterprises (SMEs) towards economic development and growth is considerable. Some SMEs are facing difficulties to their development due to the lack of financial resources and management experience. The objective of this study is to check the relationships of financial management practices on profitability of small and medium enterprises and also to check the impact of agency cost on this relationship. This study consists of data analysis of two hundred SMEs from Faisalabad Pakistan. The study used primary data predominantly. SPSS 23 is used for descriptive analysis and Structural Equation Model (SEM) through Partial Least Square (PLS) 3 for hypothesis testing. The findings of this study indicate the presence of positive relationship between financial management practices and SMEs profitability but agency cost as a moderator has no effect on this relationship. The study strongly recommends higher adherence to financial management practices. Policy makers, developments partners, owners, and managers of SMEs may use these findings for sustainability of their business in Pakistan.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Figures
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
The source backs part of the claim, not all of it — or backs it for a different population, condition or comparison.
In the citing paper
“The external factors that can affect the link between WCM and profitability are represented by the moderating variables in this framework (Bibi and Amjad 2017; Muneer et al. 2017 ; Mazlan and Leng 2018; Soukhakian and Khodakarami 2019; Hussain et al. 2021; Yang and Liu 2023 ).”
From Working capital management impact on Zimbabwe’s listed consumer services firms’ profitability and the influence of external factors via governance policy (2025) · cites this paper as Muneer et al. 2017
Experimental — accuracy not yet measured
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
SPSS for Windows Step by Step: A Simple Guide and Reference
Mallery, P., & George, D. (1998) · Cited by 10,312
Principles Of Managerial Finance
Gitman, L. J., & Zutter, C. J. (1985) · Cited by 458
Entrepreneurs in Turkey: A Factor Analysis of Motivations, Success Factors, and Problems
Benzing, C., Chu, H. M., & Kara, O. D. (2008) · Journal of Small Business Management · doi:10.1111/j.1540-627x.2008.00262.x · Cited by 410
How does working capital management affect the profitability of Spanish SMEs?
Baños‐Caballero, S., García‐Teruel, P. J., & Solano, P. M. (2011) · Small Business Economics · doi:10.1007/s11187-011-9317-8 · Cited by 360
Does Working Capital Management Affect Profitability of Belgian FirmsPreprint
Deloof, M. (2003) · RePEc: Research Papers in Economics · Cited by 304
López, O. L., & Hiebl, M. R. W. (2014) · Journal of Management Accounting Research · doi:10.2308/jmar-50915 · Cited by 300
Strategic planning in SMEs – some empirical findings
Stonehouse, G. H., & Pemberton, J. (2002) · Management Decision · doi:10.1108/00251740210441072 · Cited by 297
The Causes of the Failure of New Small and Medium Enterprises in South Africa
Fatoki, O. (2014) · Mediterranean Journal of Social Sciences · doi:10.5901/mjss.2014.v5n20p922 · Cited by 267
How Corporate Managers View Dividend Policy
Baker, H. K., & Powell, G. E. (1999) · Quarterly journal of business and economics · Cited by 242
Karadağ, H. (2015) · EMAJ Emerging Markets Journal · doi:10.5195/emaj.2015.67 · Cited by 196
Research works printed but not linked: 5
- Al-Disi, E. O. (2010). Developmental role for Waqf to support entrepreneurship and small and medium enterprises. Dubai International conference for Awqaf.
- Ekanayake, A., Perera, H. & Perera, S. (2010). Contextual relativity of the role of accounting in corporate governance: evidence from the banking industry in Sri Lanka the Sixth Asia Pacific Interdisciplinary Research in Accounting Conference, Sydney, pp. 1-27
- International Labor Organization. (2013). Is small still beautiful? Available at: Accessed on 12 December 2015. Problems and Perspectives in Management, 14(2), 2016
- Muneer, S., Rehman, S. U. & Butt, B. Z. (2013). Dividend Signaling Power on Organizations' Future Earnings: A Brief Review of Dividend Theories. Actual Problems of Economics, 3(141), 380-387
- Muneer, S., Bajuri, N. H. & Rehman, S. U. (2013). Moderating Effect of Agency Cost on the Relationship between Capital Structure, Dividend Policy and Organization Performance: A Brief Literature Review. Actual Problems of Economics, 11(149), 434-442.
Cited by
Sorted by citations
Masrizal, M., Sukmana, R., & Trianto, B. (2024) · Journal of Islamic marketing · doi:10.1108/jima-07-2022-0197 · Cited by 108
Zada, M., Cao, Y., & Zada, S. (2019) · GeoJournal · doi:10.1007/s10708-019-10111-4 · Cited by 107
Otoo, F. N. K. (2024) · Vilakshan – XIMB Journal of Management · doi:10.1108/xjm-09-2023-0192 · Cited by 78
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
Musah, A., Gakpetor, E. D., & Pomaa, P. (2018) · Information Management and Business Review · doi:10.22610/imbr.v10i3.2461 · Cited by 69
Metadata
- Authors
- Muneer, S., Ahmad, R. A., & Ali, A.
- Affiliations
- Government College University, Faisalabad (PK)
- Venue
- Information Management and Business Review
- Published
- 2017-04-07
- Volume
- 9
- Issue
- 1
- Pages
- 23-30
- ISSN
- 2220-3796 (ISSN-L)
- OpenAlex
- W2604968151
- Cited by
- 40
- References
- 26
- Citations by year
- 2026: 1 · 2025: 2 · 2024: 5 · 2023: 13 · 2022: 8 · 2021: 4 · 2020: 2 · 2019: 1 · 2018: 3 · 2017: 1
- FWCI
- 6.20
- Type
- journal article
- Language
- en
- Open access
- diamond
- doi.org
- Locations
- Information Management and Business Review (publishedVersion, cc-by)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Accounting › Working Capital and Financial Performance
- Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy and Behavior
- Social Sciences › Business, Management and Accounting › Accounting › Business, Education, Mathematics Research
- Keywords
- financial management practices, small and medium-sized enterprises, profitability, agency costs, moderating effect, SME financial management, Faisalabad
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
