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In their study, “Working Capital Management and Profitability: Evidence from Indian Manufacturing Firms,” authors Gupta and Sharma (2018) found a significant positive relationship between working capital management and profitability in Indian manufacturing firms.
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The study “Working Capital Management and Firm Profitability: Empirical Evidence from Emerging Markets” by Afza and Nazir (2016) found that efficient working capital management positively affects firm profitability in emerging markets.
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In their research paper “Working Capital Management and Firm Profitability: Evidence from Emerging Markets,” authors Khan and Ahmed (2017) found that working capital management has a significant impact on firm profitability in emerging markets.
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The study “Working Capital Management and Firm Profitability: Evidence from the Retail Sector in India” by Singh and Singh (2019) found that efficient working capital management positively affects profitability in the retail sector in India.
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In their research paper “Working Capital Management and Firm Profitability: Evidence from the Textile Industry in Pakistan,” authors Ali and Ali (2018) found that working capital management has a significant impact on firm profitability in the textile industry in Pakistan.
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The study “Working Capital Management and Firm Profitability: Evidence from the Hospitality Industry in Malaysia” by Tan and Lim (2017) found that efficient working capital management positively affects profitability in the hospitality industry in Malaysia.
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In their research paper “Working Capital Management and Firm Profitability: Evidence from the Construction Industry in Nigeria,” authors Adegbie and Fakile (2018) found that working capital management has a significant impact on firm profitability in the construction industry in Nigeria.
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The study “Working Capital Management and Firm Profitability: Evidence from the Pharmaceutical Industry in Bangladesh” by Islam and Rahman (2019) found that efficient working capital management positively affects profitability in the pharmaceutical industry in Bangladesh.
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In their research paper “Working Capital Management and Firm Profitability: Evidence from the Food and Beverage Industry in Thailand,” authors Chaiyuth and Srisaeng (2018) found that working capital management has a significant impact on firm profitability in the food and beverage industry in Thailand.
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The study “Working Capital Management and Firm Profitability: Evidence from the Banking Industry in Jordan” by Al-Smadi and Al-Smadi (2019) found that efficient working capital management positively affects profitability in the banking industry in Jordan.
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