Home            Contact us            FAQs
    
      Journal Home      |      Aim & Scope     |     Author(s) Information      |      Editorial Board      |      MSP Download Statistics

     Asian Journal of Business Management

    Abstract
2011(Vol.3, Issue:2)
Article Information:

Importance of Liquidity Management on Profitability

Amalendu Bhunia and Sri Bidhan Brahma
Corresponding Author:  Amalendu Bhunia 
Submitted: 2011 March, 03
Accepted: 2011 April, 07
Published: 2011 May, 15
Abstract:
The main purpose of this study is to identify the effectiveness of working capital in terms of shortterm liquidity of the private sector steel companies in India. Since LPG, to ensure swift economic development it was deemed essential that a sound steel production program with private sector on a formidable basis must be formulated. To some extent the priority given by the country failed to flourish due to poor capacity, underutilisation and poor consumption. We select four private sector steel companies operating in India purposively in the present study. Liquidity position is more satisfactory in the case of TSL and unsatisfactory in the case of JSWSL. Cash management performance is weak in case of JSWSL which means liquidity crunch exists. There exists a relationship between liquidity and profitability indicators.

Key words:  Indian steel companies, liquidity indicators, multiple regressions, private sector, working capital, ,
Abstract PDF HTML
Cite this Reference:
Amalendu Bhunia and Sri Bidhan Brahma, . Importance of Liquidity Management on Profitability. Asian Journal of Business Management, (2): 108-117.
ISSN (Online):  2041-8752
ISSN (Print):   2041-8744
Submit Manuscript
   Information
   Sales & Services
Home   |  Contact us   |  About us   |  Privacy Policy
Copyright © 2024. MAXWELL Scientific Publication Corp., All rights reserved