TY - JOUR
T1 - Working Capital Financing and Entrepreneurship Development: Evidence from the Indian
Stock Market
AU - Narsaiah, N.
JO - International Business Management
VL - 14
IS - 6
SP - 178
EP - 187
PY - 2020
DA - 2001/08/19
SN - 1993-5250
DO - ibm.2020.178.187
UR - https://makhillpublications.co/view-article.php?doi=ibm.2020.178.187
KW - Working capital finance
KW -entrepreneurship
KW -business development
KW -stock exchange
KW -India
AB - The main objective of this study is to ascertain
the impact of working capital management on selected
companys performance in National Stock Exchange in
India. In this study, employed various variables for
analysis of working capital management to explores select
companys performance. To assess the impact of working
capital financing on entrepreneurship business
development in India by employing retrospective research
design and data analyses of selected companies based on
the financial statements for the periods of 4 years
ranging from 2014-2017. To examine the companys
authentication through the statistical analysis of
descriptive and multiple regression analysis were
employed. The present study ascertained that there is a
significant positive coefficient amongst working capital
financing with the support of variables namely: inventory
management, receivable management, payable
management and cash management and entrepreneurship
development in India. The results of the statistical
analysis exhibited R2 = 0.661, adjusted R2 = 0.633,
F = 23.411. Consequently, this study concluded that
appropriate working capital financing facilitate
entrepreneurship development in India. Furthermore, this
study suggested to business entrepreneurs and
stakeholders need to administer appropriate working
capital components for successful business development.
ER -