Working capital management and corporate profitability: the moderating role of foreign ownership

•This study examines how foreign ownership moderates WCM’s impact on profitability.•Efficient WCM boosts profitability, with the strongest effect in high-growth firms.•Foreign ownership negatively moderates WCM efficiency’s impact on profitability.•Foreign ownership’s moderating effect is strongest...

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Bibliographic Details
Published in:Finance research letters 2025-07, Vol.81, p.107466, Article 107466
Main Authors: Zhou, Siyu, Amin Noordin, Bany Ariffin, Tunde, Matemilola Bolaji, Chen, Yuhua, Xu, Keming
Format: Article
Language:English
Subjects:
China
Corporate profitability
Foreign ownership
Working capital management
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