Pub Date : 2023-10-24DOI: 10.1177/01492063231204869
Garry D. Bruton, Christopher Pryor, Jose A. Cerecedo Lopez
We examine the application of “lean start-up” in impoverished non-Western contexts. Specifically, we focus on settings of impoverishment in which individuals earn less than $3.65 per day. We focus on how two attributes of these contexts—institutional differences relative to mature economies and resource constraints—affect entrepreneurs’ implementation of lean start-up principles. By focusing our conversation on five components of lean start-up (search for opportunities, business modeling, validated learning, minimum viable products, and the decision to persevere/pivot), we describe how the conditions faced by impoverished entrepreneurs outside the West in impoverished settings present hurdles to some practices of lean start-up while encouraging other practices. We also offer ways entrepreneurs can adapt lean start-up to fit the conditions they face. In addition to advancing our understanding of lean start-up, this article also joins recent work that has critiqued the Western orientation of many management theories and practices and especially their application to people outside the West, where assumptions may not carry over due to institutional differences and resource constraints.
{"title":"Lean Start-Up in Settings of Impoverishment: The Implications of the Context for Theory","authors":"Garry D. Bruton, Christopher Pryor, Jose A. Cerecedo Lopez","doi":"10.1177/01492063231204869","DOIUrl":"https://doi.org/10.1177/01492063231204869","url":null,"abstract":"We examine the application of “lean start-up” in impoverished non-Western contexts. Specifically, we focus on settings of impoverishment in which individuals earn less than $3.65 per day. We focus on how two attributes of these contexts—institutional differences relative to mature economies and resource constraints—affect entrepreneurs’ implementation of lean start-up principles. By focusing our conversation on five components of lean start-up (search for opportunities, business modeling, validated learning, minimum viable products, and the decision to persevere/pivot), we describe how the conditions faced by impoverished entrepreneurs outside the West in impoverished settings present hurdles to some practices of lean start-up while encouraging other practices. We also offer ways entrepreneurs can adapt lean start-up to fit the conditions they face. In addition to advancing our understanding of lean start-up, this article also joins recent work that has critiqued the Western orientation of many management theories and practices and especially their application to people outside the West, where assumptions may not carry over due to institutional differences and resource constraints.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"150 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135315519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-24DOI: 10.1177/01492063231204870
Rita Gunther McGrath
Most entrepreneurial ventures fail. Most corporate ventures fail too, often more expensively. Against this backdrop, Lean Startup and Discovery-Driven Growth (DDG) are methods that emphasize rapid learning, resource parsimony, and an intense focus on validating assumptions as ways of reducing the cost and risk of failure. Lean Startup had its roots in and makes a contribution to entrepreneurship; Discovery-Driven Growth emerged instead from the study of corporate innovation efforts. Both acknowledge that planning methods based on low-uncertainty situations fall short when faced with high-uncertainty contexts. DDG suggests five design steps that interact: defining success, checking for realism, defining operations, documenting assumptions, and planning through checkpoints. Similar to Lean Startup, it emphasizes an experimental approach to learning. Different than Lean Startup, it is less prescriptive about the method and embraces wider uncertainties than Lean Startup's focus on product-market fit. In a context that has been described as an “innovation arms race,” both methods are a major advance over traditional planning processes because they both emphasize rapid learning. As is rapidly becoming clear, in more and more parts of the evolving digital economy, whoever learns the fastest wins.
{"title":"Who Learns Fastest, Wins: Lean Startup and Discovery Driven Growth","authors":"Rita Gunther McGrath","doi":"10.1177/01492063231204870","DOIUrl":"https://doi.org/10.1177/01492063231204870","url":null,"abstract":"Most entrepreneurial ventures fail. Most corporate ventures fail too, often more expensively. Against this backdrop, Lean Startup and Discovery-Driven Growth (DDG) are methods that emphasize rapid learning, resource parsimony, and an intense focus on validating assumptions as ways of reducing the cost and risk of failure. Lean Startup had its roots in and makes a contribution to entrepreneurship; Discovery-Driven Growth emerged instead from the study of corporate innovation efforts. Both acknowledge that planning methods based on low-uncertainty situations fall short when faced with high-uncertainty contexts. DDG suggests five design steps that interact: defining success, checking for realism, defining operations, documenting assumptions, and planning through checkpoints. Similar to Lean Startup, it emphasizes an experimental approach to learning. Different than Lean Startup, it is less prescriptive about the method and embraces wider uncertainties than Lean Startup's focus on product-market fit. In a context that has been described as an “innovation arms race,” both methods are a major advance over traditional planning processes because they both emphasize rapid learning. As is rapidly becoming clear, in more and more parts of the evolving digital economy, whoever learns the fastest wins.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"102 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135316242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-19DOI: 10.1177/01492063231198189
Kris Mikel-Hong, Ning Li, Jia (Joya) Yu, Xiao Chen
Departing from traditional conceptualizations of resistance to change as a systemic phenomenon, a significant and increasing body of organizational research has examined how change and resistance to change occur through individuals in strategist, agent, and recipient roles. Yet despite this perspective's rising prominence, the literature lacks an integrative framework to organize how these roles separately and interactively shape resistance to change. This review synthesizes this fragmented literature, providing a holistic perspective structured around change roles. Categorizing the literature in terms of the three roles, we organize the role combinations into levels of analysis. We use this combined framework to describe the current state of theory building and testing, which guides our identification of important future research directions. Through our analysis, we capture the nuanced dynamics of resistance to change and the need for further understanding of how differently situated individuals shape the overarching change effort.
{"title":"Resistance to Change: Unraveling the Roles of Change Strategists, Agents, and Recipients","authors":"Kris Mikel-Hong, Ning Li, Jia (Joya) Yu, Xiao Chen","doi":"10.1177/01492063231198189","DOIUrl":"https://doi.org/10.1177/01492063231198189","url":null,"abstract":"Departing from traditional conceptualizations of resistance to change as a systemic phenomenon, a significant and increasing body of organizational research has examined how change and resistance to change occur through individuals in strategist, agent, and recipient roles. Yet despite this perspective's rising prominence, the literature lacks an integrative framework to organize how these roles separately and interactively shape resistance to change. This review synthesizes this fragmented literature, providing a holistic perspective structured around change roles. Categorizing the literature in terms of the three roles, we organize the role combinations into levels of analysis. We use this combined framework to describe the current state of theory building and testing, which guides our identification of important future research directions. Through our analysis, we capture the nuanced dynamics of resistance to change and the need for further understanding of how differently situated individuals shape the overarching change effort.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135666912","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-17DOI: 10.1177/01492063231205294
Hari Bapuji, Gokhan Ertug, Vivek Soundararajan, Jason D. Shaw
Inequality is a grand challenge of our times, and management researchers have responded by examining the relationship between business and societal economic inequalities. This research has enhanced our understanding of the nature, sources, and consequences of inequalities, as well as identified actions to address them. However, this effort has predominantly revolved around visible inequalities. We seek to direct greater scholarly attention to invisible inequalities – uneven possession of and access to resources and opportunities to engage in value creation, appropriation, and distribution based on attributes and characteristics that are not readily apparent or noticeable. Expanding the scope of investigations to a broader range of inequalities allows us to generate insights on inequalities that are hitherto less addressed as well as identify potential new mechanisms of inequalities and their outcomes.
{"title":"Invisible Inequalities: Barriers, Challenges, and Opportunities","authors":"Hari Bapuji, Gokhan Ertug, Vivek Soundararajan, Jason D. Shaw","doi":"10.1177/01492063231205294","DOIUrl":"https://doi.org/10.1177/01492063231205294","url":null,"abstract":"Inequality is a grand challenge of our times, and management researchers have responded by examining the relationship between business and societal economic inequalities. This research has enhanced our understanding of the nature, sources, and consequences of inequalities, as well as identified actions to address them. However, this effort has predominantly revolved around visible inequalities. We seek to direct greater scholarly attention to invisible inequalities – uneven possession of and access to resources and opportunities to engage in value creation, appropriation, and distribution based on attributes and characteristics that are not readily apparent or noticeable. Expanding the scope of investigations to a broader range of inequalities allows us to generate insights on inequalities that are hitherto less addressed as well as identify potential new mechanisms of inequalities and their outcomes.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136034205","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-11DOI: 10.1177/01492063231204867
Anastasiya Zavyalova, Conor Callahan, Timothy D. Hubbard, J. Daniel Zyung
Society is becoming increasingly polarized. This affects how constituents with conflicting identities engage with organizations online. A strong catalyst of polarization is events that affirm or threaten constituents’ identities and exacerbate in-group versus out-group distinctions. Using a mixed method approach, we theorize that competitive contests between organizations are identity-relevant events that affect online engagement by identifying and disidentifying constituents in different ways. Specifically, we hypothesize that identity-affirming contest outcomes lead to a higher likelihood of online engagement than identity-threatening ones. Therefore, identifying constituents are more likely to engage online after their organization's competitive victories, whereas disidentifying constituents do so after losses. We further hypothesize that close calls or unexpected outcomes amplify these effects. In the context of online engagement by college football followers, we find that victories lead to higher online engagement than losses by team fans but lower engagement by team opponents. We also find that whereas fans are more likely to engage online after unexpected contest outcomes and, in some robustness tests, marginally after close calls, opponents are not affected by either outcome characteristic. To explore how competition and (dis)identification affect the emotional content of online comments, we supplement these findings with content analysis of online posts and a physiological laboratory experiment. Our study demonstrates that polarized constituents react to organizational events through identity-based mechanisms rather than objective evaluations of performance signals. Failure to account for the polarization of constituents therefore conceals important differences in how they engage with organizations online.
{"title":"Competition and Constituents’ Polarization Online","authors":"Anastasiya Zavyalova, Conor Callahan, Timothy D. Hubbard, J. Daniel Zyung","doi":"10.1177/01492063231204867","DOIUrl":"https://doi.org/10.1177/01492063231204867","url":null,"abstract":"Society is becoming increasingly polarized. This affects how constituents with conflicting identities engage with organizations online. A strong catalyst of polarization is events that affirm or threaten constituents’ identities and exacerbate in-group versus out-group distinctions. Using a mixed method approach, we theorize that competitive contests between organizations are identity-relevant events that affect online engagement by identifying and disidentifying constituents in different ways. Specifically, we hypothesize that identity-affirming contest outcomes lead to a higher likelihood of online engagement than identity-threatening ones. Therefore, identifying constituents are more likely to engage online after their organization's competitive victories, whereas disidentifying constituents do so after losses. We further hypothesize that close calls or unexpected outcomes amplify these effects. In the context of online engagement by college football followers, we find that victories lead to higher online engagement than losses by team fans but lower engagement by team opponents. We also find that whereas fans are more likely to engage online after unexpected contest outcomes and, in some robustness tests, marginally after close calls, opponents are not affected by either outcome characteristic. To explore how competition and (dis)identification affect the emotional content of online comments, we supplement these findings with content analysis of online posts and a physiological laboratory experiment. Our study demonstrates that polarized constituents react to organizational events through identity-based mechanisms rather than objective evaluations of performance signals. Failure to account for the polarization of constituents therefore conceals important differences in how they engage with organizations online.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136064024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-08DOI: 10.1177/01492063231200820
Yasemin Y. Kor, Danchi Tan
Prior research has opposing views about the merits of firm-specific managerial experience, and empirical findings are mixed. To address this problem, we ask when firm-specific managerial experience is helpful versus harmful in pursuit of new growth opportunities. We propose that when CEOs’ firm-specific experience is combined with versatile managerial experiences, its growth-constraining effect is alleviated due to increased adaptability of CEOs' human capital to support growth in new business domains. We find support for this argument in a sample of U.S. food firms and their pursuit of the organic food opportunity during 1997 to 2007. We also find that CEOs’ versatile experience by itself is not sufficient for the pursuit of new growth, but it is when the two types of experience are combined synergistically that firms can achieve higher rates of opportunity pursuit. In this vein, our research reconciles the alternative theoretical perspectives on firm-specific experience and invites further consideration of experience combinations where both positive and negative synergies drive the ultimate impact of key managerial experiences.
{"title":"Interactive Effects of CEOs’ Firm-Specific Experience and Versatile Experiences on Pursuit of New Growth Opportunity","authors":"Yasemin Y. Kor, Danchi Tan","doi":"10.1177/01492063231200820","DOIUrl":"https://doi.org/10.1177/01492063231200820","url":null,"abstract":"Prior research has opposing views about the merits of firm-specific managerial experience, and empirical findings are mixed. To address this problem, we ask when firm-specific managerial experience is helpful versus harmful in pursuit of new growth opportunities. We propose that when CEOs’ firm-specific experience is combined with versatile managerial experiences, its growth-constraining effect is alleviated due to increased adaptability of CEOs' human capital to support growth in new business domains. We find support for this argument in a sample of U.S. food firms and their pursuit of the organic food opportunity during 1997 to 2007. We also find that CEOs’ versatile experience by itself is not sufficient for the pursuit of new growth, but it is when the two types of experience are combined synergistically that firms can achieve higher rates of opportunity pursuit. In this vein, our research reconciles the alternative theoretical perspectives on firm-specific experience and invites further consideration of experience combinations where both positive and negative synergies drive the ultimate impact of key managerial experiences.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"214 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135197681","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-06DOI: 10.1177/01492063231200819
Igor Filatotchev, Gianvito Lanzolla, Evangelos Syrigos
Integrating signaling research with the institutional perspective on capital markets, we argue that, in conditions of radical technological change, investor perceptions about firm value are enhanced by the CEO's orientation toward digital technologies that exceeds the firm's industry peers. This base relationship is moderated by board characteristics so that the board members’ digital expertise and knowledge diversity enhance the effect of the CEO's relative digital technology orientation on firm value. Furthermore, the monitoring power of independent board members who do not have digital expertise negatively moderates our baseline hypothesis, whereas board monitoring exerted by independent board members with digital expertise has a positive moderating effect. To test our theory, we use advanced natural language processing techniques to develop the CEO's relative digital technology orientation construct combined with a unique, hand-collected set of measures associated with board members’ digital expertise and knowledge diversity in a sample of S&P 500 companies. Our article offers novel insights on how technology-related signals associated with the CEO's communications to shareholders interact with board characteristics in determining investor perceptions of the firm's value in conditions of high technological uncertainty.
{"title":"Impact of CEO's Digital Technology Orientation and Board Characteristics on Firm Value: A Signaling Perspective","authors":"Igor Filatotchev, Gianvito Lanzolla, Evangelos Syrigos","doi":"10.1177/01492063231200819","DOIUrl":"https://doi.org/10.1177/01492063231200819","url":null,"abstract":"Integrating signaling research with the institutional perspective on capital markets, we argue that, in conditions of radical technological change, investor perceptions about firm value are enhanced by the CEO's orientation toward digital technologies that exceeds the firm's industry peers. This base relationship is moderated by board characteristics so that the board members’ digital expertise and knowledge diversity enhance the effect of the CEO's relative digital technology orientation on firm value. Furthermore, the monitoring power of independent board members who do not have digital expertise negatively moderates our baseline hypothesis, whereas board monitoring exerted by independent board members with digital expertise has a positive moderating effect. To test our theory, we use advanced natural language processing techniques to develop the CEO's relative digital technology orientation construct combined with a unique, hand-collected set of measures associated with board members’ digital expertise and knowledge diversity in a sample of S&P 500 companies. Our article offers novel insights on how technology-related signals associated with the CEO's communications to shareholders interact with board characteristics in determining investor perceptions of the firm's value in conditions of high technological uncertainty.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135351569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The debate on economic policies continues in both the local and global economies. All of the academics are interested in monetary and fiscal policy and how it affects the economy. The study attempts to explore whether there is any evidence that the SAARC countries' economic growth can be influenced by monetary policy. The study applies the Pedroni cointegration approach for panel autoregressive distributed lag (ARDL) with the Pooled Mean Group (PMG) to study the relationship between monetary policy and economic growth of six SAARC nations over the period from 1983 to 2020. The recent study addresses the empirical gap within the context of the southeastern regions of the globe. Overall stylized facts show that monetary policy is causally linked and successful in the long run to accelerate economic growth. Money supply, one of the most crucial variables under study, contradicts the monetarist claim that monetary policy is too effective in the short term. The study also notes that currency devaluation is a serious concern for both short- and long-term growth while inflation is only a short-term one. In the SAARC countries, domestic credit to the private sector is better for short-term economic growth even though it has no long-term benefits. Thus, monetary authorities and the government of the SAARC nations should maintain an adequate level of money supply, adopt an export-led policy to appreciate currency, promote short-run domestic credit to the private sector, and stabilize the short-term price level to accelerate economic growth and development.
{"title":"Monetary Policy and Economic Growth of SAARC Countries","authors":"Ram Prasad Gajurel","doi":"10.3126/jom.v6i1.58889","DOIUrl":"https://doi.org/10.3126/jom.v6i1.58889","url":null,"abstract":"The debate on economic policies continues in both the local and global economies. All of the academics are interested in monetary and fiscal policy and how it affects the economy. The study attempts to explore whether there is any evidence that the SAARC countries' economic growth can be influenced by monetary policy. The study applies the Pedroni cointegration approach for panel autoregressive distributed lag (ARDL) with the Pooled Mean Group (PMG) to study the relationship between monetary policy and economic growth of six SAARC nations over the period from 1983 to 2020. The recent study addresses the empirical gap within the context of the southeastern regions of the globe. Overall stylized facts show that monetary policy is causally linked and successful in the long run to accelerate economic growth. Money supply, one of the most crucial variables under study, contradicts the monetarist claim that monetary policy is too effective in the short term. The study also notes that currency devaluation is a serious concern for both short- and long-term growth while inflation is only a short-term one. In the SAARC countries, domestic credit to the private sector is better for short-term economic growth even though it has no long-term benefits. Thus, monetary authorities and the government of the SAARC nations should maintain an adequate level of money supply, adopt an export-led policy to appreciate currency, promote short-run domestic credit to the private sector, and stabilize the short-term price level to accelerate economic growth and development.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135739110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper purposes to analyze effects of working capital management on profitability of commercial banks. Empirical data utilized to explores the association between of working capital management and profitability indicators. Based on empirical data, some major financial indicators, credit to deposit ratio, cash reserve ratio, cash and bank balance to total deposits ratio, working capital turnover ratio and liquidity ratios considered as an independent ratio and return on assets, return on equity, and net profit margin as dependent ratios were calculated. Among 20 of the commercial banks of Nepal, only seven commercial banks are taken as sample for the research work. Data were accumulated from secondary data of annual report of model bank and central bank from 2012 to 2022 by the judgmental sampling. Major financial ratios and statistical tools were utilized for the analysis. Descriptive and inferential statistical tools utilized to obtain outcome. In this study, three regression models were tested, and the ROA, ROE, and NPM models were shown to be statistically significant. In the ROA, ROE, and NPM models, respectively, 41%, 52%, and 55% of the sample variation is explained by independent variables.
{"title":"Working Capital Management and Profitability of Commercial Banks in Nepal","authors":"Gunja Kumari Sah","doi":"10.3126/jom.v6i1.58882","DOIUrl":"https://doi.org/10.3126/jom.v6i1.58882","url":null,"abstract":"This paper purposes to analyze effects of working capital management on profitability of commercial banks. Empirical data utilized to explores the association between of working capital management and profitability indicators. Based on empirical data, some major financial indicators, credit to deposit ratio, cash reserve ratio, cash and bank balance to total deposits ratio, working capital turnover ratio and liquidity ratios considered as an independent ratio and return on assets, return on equity, and net profit margin as dependent ratios were calculated. Among 20 of the commercial banks of Nepal, only seven commercial banks are taken as sample for the research work. Data were accumulated from secondary data of annual report of model bank and central bank from 2012 to 2022 by the judgmental sampling. Major financial ratios and statistical tools were utilized for the analysis. Descriptive and inferential statistical tools utilized to obtain outcome. In this study, three regression models were tested, and the ROA, ROE, and NPM models were shown to be statistically significant. In the ROA, ROE, and NPM models, respectively, 41%, 52%, and 55% of the sample variation is explained by independent variables.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"83 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135695709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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