Effects of working capital management on firm performance: evidence from the EFQM certified firms

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63529498" target="_blank" >RIV/70883521:28120/21:63529498 - isvavai.cz</a>

Result on the web

<a href="https://www.tandfonline.com/doi/full/10.1080/23322039.2021.1958504" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/23322039.2021.1958504</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1080/23322039.2021.1958504" target="_blank" >10.1080/23322039.2021.1958504</a>

Result language

angličtina

Original language name

Effects of working capital management on firm performance: evidence from the EFQM certified firms

Original language description

The main aim of the current study is to explore the relationship between working capital (WC) and firm performance. We chose a sample of 326 Czech firms, including 20 certified firms from the EFQM (European Foundation for Quality Management) Excellence Model from the Albertina database. The sample of the Czech firms was taken from three sectors: manufacturing, automobile, and construction. We employed a two-step system generalized method of moment (GMM) technique to determine the results. The study results revealed a negative impact of WC on firm performance; moreover, the firms having a quality certificate from the EFQM Excellence Model perform better. The findings of previous research, which were held globally, and the current study results will encourage the directors, managers, and leaders of the Czech firms to participate in the quality award.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Cogent Economics &amp; Finance

ISSN

2332-2039

e-ISSN

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Volume of the periodical

9

Issue of the periodical within the volume

1

Country of publishing house

GB - UNITED KINGDOM

Number of pages

13

Pages from-to

1-13

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85112274306