The management of working capital and its effect on the profitability of the company

Authors

  • Mariuska Sarduy González University of Havana
  • Casilda Paquisha Intriago Mora Technical University of Manabi, Ecuador

Keywords:

working capital, risk, liquidity, profitability

Abstract

Working capital management is the function of financial administration that is dedicated to the planning, execution and control of the management of working capital components and their adequate levels that allow minimizing risk and maximizing business profitability. There are various factors that affect the operation of a company, making the components of working capital directly linked to the economic cycle. Even so, the greatest concern of managers, shareholders and financial administrators lies in determining what its impact is on the profitability of the company, an aspect that constitutes the objective of this investigation. The realization of a bibliographical study allowed grouping the results of multiple investigations related to the subject in question.

Author Biographies

Mariuska Sarduy González, University of Havana

Licenciada en Contabilidad y Finanzas. Doctora en Ciencias Contables y Financieras. Vicedecana de Posgrado e Investigaciones de la Facultad de Contabilidad y Finanzas de La Universidad de La Habana. Profesora Titular. Autora de dos libros de textos que se utilizan para la docencia y de múltiples artículos científicos publicados en revistas referenciadas. Ha participado en varias oportunidades como conferencista en eventos realizados en universidades latinoamericanas de prestigio internacional.

Casilda Paquisha Intriago Mora, Technical University of Manabi, Ecuador

Profesora titular, Ciencias Administrativas y Económicas de la Universidad Técnica de Manabí.

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Published

05-01-2022

How to Cite

Sarduy González, M., & Intriago Mora, C. P. (2022). The management of working capital and its effect on the profitability of the company. Cuban Magazine of Finance and Prices, 6(1), 9–22. Retrieved from https://www.mfp.gob.cu/revista/index.php/RCFP/article/view/03_V6N12022_MSGyCPIM

Issue

Vol. 6 No. 1 (2022): enero - marzo

Section

Research articles

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