Journal of
Marketing Development and Competitiveness
Scholar Gateway
Abstracts prior to volume 5(1) have been archived!
Issue 5(1), October 2010 -- Paper AbstractsGirard (p. 9-22)
Cooper (p. 23-32)Kunz-Osborne (p. 33-41)Coulmas-Law (p.42-46)Stasio (p. 47-56)Albert-Valette-Florence (p.57-63)Zhang-Rauch (p. 64-70)Alam-Yasin (p. 71-78)Mattare-Monahan-Shah (p. 79-94)Nonis-Hudson-Hunt (p. 95-106) 
AMERICAN JOURNAL OF MANAGEMENT
Working Capital Management and Level of Countries’ Corruption: A Panel Study of ASEAN Countries
Author(s): Ebrahim Mansoori, Amjad Pirotti, Andrew Craik, Reza Ghazal
Citation: Ebrahim Mansoori, Amjad Pirotti, Andrew Craik, Reza Ghazal, (2020) "Working Capital Management and Level of Countries’ Corruption: A Panel Study of ASEAN Countries," American Journal of Management, Vol. 20, Iss. 3, pp. 75-91
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper aims to clarify the relationship between working capital management and the level of countries’ corruption. This study uses a large panel sample of five ASEAN countries; Malaysia, Indonesia, Singapore, Thailand, and the Philippines over the period 2005–2017 using Ordinary Least Squares (OLS) estimators. The results indicate that the length of the cash conversion cycle will decrease as a result of increasing the level of corruption indexes. Meanwhile, a high level of corruption indexes forces the managers for the sample firms decrease the level of investment in cash equivalents and cash.
