Research on the Impact of Working Capital Management Efficiency on Enterprise Performance of Listed Real Estate Companies
Publication: ICCREM 2022
ABSTRACT
Research on the impact of working capital management efficiency on enterprise performance of listed real estate companies. Taking the annual financial report data of Chinese A-share listed real estate companies from 2018 to 2020 as the research sample, this paper focuses on the impact of working capital management efficiency in real estate area markets’ listed companies on their own performance. This dissertation tests the relationship between enterprise working capital and enterprise performance by empirical examining. Through correlation analysis, it is found that the performance of listed real estate is positively associated with the efficiency of working capital management. After further inspect the robustness of the research results, our findings indicate research outcomings are as follows: the performance of listed real estate companies is significantly positively correlated with the efficiency of working capital management. The management layer can strengthen internal management, formulate appropriate credit policies, reinforce debt management, improve the turnover rate of current assets and total assets, realize the effective turnover of working capital, and promote the company’s performance.
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ICCREM 2022
Pages: 619 - 626
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Published online: Dec 15, 2022
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