MANAGEMENT OF WORKING CAPITAL: DESCRIPTIVE AND CORRELATIONAL ANALYSIS FOR ARGENTINE COMPANIES IN THE STOCK MARKET

Abstract

There is ample literature on the management of working capital, i.e., the relationships and interdependencies between its individual components and the influence on corporate performance. The objective of this paper is to perform a bivariate descriptive and correlational statistical analysis on a series of variables applicable to Argentine listed companies on the stock exchange, for the 2009-2018 timeframe of analysis. The most relevant results that emerge from the investigation show the existence of a strong direct relationship between the size and the indebtedness of the firms and a strong inverse link between the size and the operating cycle of the same.

Keywords

• capital de trabajo
• gestión del capital de trabajo
• empresas argentinas cotizantes en bolsa.