Impact of Working Capital Management Practices on Profitability in State-Owned Enterprises (SOEs)
研究了纳米比亚23家国有企业中营运资本管理实践对盈利能力的影响，填补了该领域在纳米比亚国有企业的实证研究空白。
The importance of effective working capital management in enhancing an organisation’s profitability cannot be overemphasized. In Namibia, the profitability of several State-Owned Enterprises (SOEs) has constantly been the cause of taxpayers’ concern for the past few years as these SOEs have incessantly depended on Government bailouts. While a number of scholars have concentrated their research on understanding the relationship between working capital management (WCM) and an organisation’s profitability, the Namibian SOE context has not been empirically studied with regards to these aspects. The discovery of this absence of research therefore generated the following question: “what is the impact of working capital management practices on the profitability in Namibian State-Owned Enterprises?” To address this research question, an empirical investigation was conducted in 23 Namibian SOEs.