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Anitha, R.
- Impact of Liquidity Management on Profitability: A Case Study of Malappuram Co-Operative Spinning Mills Limited, Kerala
Abstract Views :275 |
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Authors
Affiliations
1 PPG Institute of Technology, Coimbatore, IN
2 PPG Business School, Coimbatore, IN
1 PPG Institute of Technology, Coimbatore, IN
2 PPG Business School, Coimbatore, IN
Source
Asian Journal of Management, Vol 5, No 3 (2014), Pagination: 354-358Abstract
In this paper an attempt is made by the researchers to investigate the relationship between liquidity management and profitability. To achieve this objective the secondary data is retrieved from annual reports of Malappuram Co-Operative Spinning Mills Limited, Kerala for the period from 2006 to 2011. Selected financial ratios, Mootal's Comprehensive Test, Spearman's Rank Correlation and student 't' test was been applied to meet the objectives of the study. This study also aims to explore the impact of liquidity components i.e., Size of Working Capital, Current Ratio, Absolute Liquidity Ratio, Current Assets to Total Assets, Current Assets to Turnover Ratios, Working Capital Turnover Ratio, Debtors' Turnover Ratio on profitability. The findings of this study are that the liquidity assets were not maintained sufficiently to meet the creditor's obligation, current assets were not maintain properly and finally the results of correlation revealed that there is a significant positive correlation between liquidity and firm's profitability. Thus the study concluded that the liquidity components were having high influence over profitability of any company.Keywords
Liquidity Ratios, Profitability Ratios, Rank Correlation.References
- Amit K. Mallik, Debashish Sur and Debdas Rakshit, (2005) "Working capital and Profitability: A study on their relationship with References to Selected Companies in Indian Pharmaceutical Industry", GITAM Journal of Management, Vol 3, Pp. 51-62.
- Kim, C.S., Mauer, D.S. And Sherman, A.E..(1998) "The Determinants of Corporate Liquidity Theory and Evidence", Journal of financial and quantitative analysis, Vol 33,Pp.335-359.
- Murthy (2010), First Edition, Financial Management, Margham publications, Chennai.
- Raheman, A and Nasr, M., (2007), "Working Capital Management and Profitability-Case of Pakistani Firms', International Review of Business Research Papers, Vol 3, Pp. 279-300.
- Srinivasan N.P and M. Sakthivel Murugan (2006), Financial Management, Vrinda Publications (P) Ltd., New Delhi.
- Viswanathan. P.K, Business Statistics: An Applied Orientation, Pearson Education.
- Hirigoyen, G. (1985). Rentabilite Et Solvabilite. Direction et Gestion, 3, 13-26.
- Eljelly, A. (2004). Liquidity-profitability tradeoff: an empirical investigation in an emerging market. IJCM, 14 (2), 48-61.
- Annual reports of Malappuram Co-operative Spinning Mills Limited, Kerala.
- NEO: A Win-Win Approach for Employee Retention
Abstract Views :163 |
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Authors
Affiliations
1 PPG Business School, Coimbatore PPG Institute of Technology, Coimbatore, IN
1 PPG Business School, Coimbatore PPG Institute of Technology, Coimbatore, IN
Source
Asian Journal of Management, Vol 2, No 4 (2011), Pagination: 173-177Abstract
Business have learnt that employee orientation plays a very important role in the development and performance of an employee. Managers often assume incorrectly that workers have the same work ethic and knowledge of the workplace that they do. They presume that people know what is expected out of them. But the real fact is employees need to know not only how to carry out their duties but also the organization's policies, procedures and expectations before they take up their responsibilities. Thus New Employee Orientation (NEO) is an important phase for all companies to offer. The orientation process familiarizes new employees with company rules, regulations, people and the office layout. A new-employee orientation program will help new employees feel welcome and become adjusted quickly to a new work environment. Though orienting employees properly to their new work place is time consuming process, it is considered to be a wise investment of time which will reward the company with more productive and satisfied employees in the long run.Keywords
New Employee Orientation, Retention, Induction, Training, Recruitment, Selection Process.- An Empirical Study on the Influence of Demographic Variables on E-Banking Services
Abstract Views :162 |
PDF Views:0
Authors
Affiliations
1 SNS College of Technology, Anna University of Technology, Coimbatore, IN
2 SNS Business School, Coimbatore, IN
3 PPG Institute of Technology, Coimbatore, IN
1 SNS College of Technology, Anna University of Technology, Coimbatore, IN
2 SNS Business School, Coimbatore, IN
3 PPG Institute of Technology, Coimbatore, IN
Source
Asian Journal of Management, Vol 2, No 3 (2011), Pagination: 133-137Abstract
Business Enterprise has been globalised with revolutions from the E-banking and the way banking transactions are done. The cost of delivering banking services and products has substantially reduced by using E-Banking channels than traditional channels. This has encouraged the Banks for technological change at a faster pace and across the geography. E-banking technologies have proliferated in recent years, and the availability of a wide range of products has led to increasing adoption among consumers. The objectives of the research established revolve around the selected demographic variables like education, age, occupation and monthly income with regard to the satisfaction level of the respondents. The main finding of the study was that among the various demographic variables, only occupation and income of the banking customers influenced their satisfaction level significantly towards e-banking servicesKeywords
E-Banking, Customer Attitude, Customer Perception, Technology Acceptance, Demographic Profiles.- Stress Management Strategies:A New Way to Achieve Success
Abstract Views :140 |
PDF Views:0
Authors
Affiliations
1 PPG Business School, Anna University, Chennai, IN
2 PPG Institute of Technology, Anna University, Chennai, IN
1 PPG Business School, Anna University, Chennai, IN
2 PPG Institute of Technology, Anna University, Chennai, IN