The role of sustainable investment practices in maintaining efficient working capital management
Bibliographic Data
| ID | 13023573 |
|---|---|
| Authors | Ashfaq Habib (0000-0003-0674-496X, Universiti Putra Malaysia, corresponding author), Shaista Anwar (0000-0001-8332-3929, Universiti Putra Malaysia), W M Hussain (0009-0002-7419-5261, Universiti Putra Malaysia), Waleed Hussain, Veronika Fenyves (0000-0002-8737-0666, Universiti Putra Malaysia) |
| Year | 2024 |
| Volume | 17 |
| Issue | 2 |
| Pages | 206-219 |
| Publication date | 2024-06-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | JOURNAL OF INTERNATIONAL STUDIES (JOURNAL) |
| Journal identifiers | ISSN: 2071-8330 • E-ISSN: 2306-3483 |
| Publisher | Centre of Sociological Research, NGO (PUBLISHER) |
| DOI | 10.14254/2071-8330.2024/17-2/11 |
| OpenAlex | W4400312975 |
| Language | EN |
| Citations received | 1 |
| References cited | 45 |
This study provides a theoretical argument supported by empirical evidence regarding the impact of sustainable investment practices on the working capital management of small- and medium-sized enterprises (SMEs). The study utilizes panel data on SMEs from 2014 to 2022. Cluster regression methodology is employed to assess the influence of sustainable investment practices on a firm’s working capital, with green finance (GF) as a moderating variable. Results revealed that a firm’s sustainable investment practices significantly and negatively affect its working capital. Additionally, the study identified GF as a moderator in the relation between sustainability and working capital. The findings indicated that firms actively engaging in sustainable investment practices are more efficient in managing working capital for their business operations’ long-term sustainability
Business · Capital (architecture · Economics · Environmental economics · Financial capital · Human capital · Industrial organization · Investment (military · Market economy · Moderation · Panel data · Sustainability · Working capital · Corporate Finance and Governance · Working Capital and Financial Performance · Finance
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Beyond sustainability
| Citations per year | 1 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |