Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Working Capital Management and National Culture: a Cross Country Study
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
2016 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Earlier research illustrates that national culture influences financial decision making. In working capital management, the research has been limited and the various results regarding this relationship have been ambiguous. However research has been limited and the results can differ. Therefore, this study concentrates on the relationship between the difference on national cultural dimensions and working capital practices, using the sample of eight culturally differing countries with the total of 240 observations for the year 2014. The national cultural dimensions are based on Hofstede’s framework. By using multiple regression models, the connection between national cultural dimensions and working capital is verified and relationships are detected. Individualism versus collectivism, uncertainty avoidance and masculinity versus femininity provide proof of an existing relationship between national cultural dimensions and working capital practices and efficiency, namely cash conversion cycle. The results of this study suggest that national cultural cause differences to working capital management practices between countries. The length of the cash conversion cycle seems to change depending on the national cultural score of the country. Managers need to take this cultural impact into consideration when operating in international business environment and when developing working capital practices.

Place, publisher, year, edition, pages
2016. , 74 p.
Keyword [en]
cultural impact, working capital management, working capital determinants, working capital efficiency, cash conversion cycle, international finance, cultural finance
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-296631OAI: oai:DiVA.org:uu-296631DiVA: diva2:939129
Subject / course
Business Studies
Educational program
Master Programme in Business and Management
Supervisors
Available from: 2016-06-20 Created: 2016-06-17 Last updated: 2016-06-20Bibliographically approved

Open Access in DiVA

fulltext(2067 kB)211 downloads
File information
File name FULLTEXT01.pdfFile size 2067 kBChecksum SHA-512
97fde6e35d3e24b666b988d1e047ed0255caf6d0a41701b23d491f5496921f0a3d17934229f30e50269c7c31ddade06275efa39b4ce06b9f374dd5ae158d8d27
Type fulltextMimetype application/pdf

By organisation
Department of Business Studies
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 211 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 402 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf