학술논문
Impact of behavioural biases on working capital management of manaufactring sector of Pakistan: a non parametric investigation approach
Impact of behavioral biases on working capital management of manaufactring sector of Pakistan
Impact of behavioral biases on working capital management of manaufactring sector of Pakistan
Document Type
TEXT
Author
Source
International Letters of Social and Humanistic Sciences(55)
Subject
Language
English
Abstract
The current study aims to investigate the relationship of overconfidence bias, loss aversion bias, self-serving bias and anchoring bias with working capital management. The study used questionnaire and acquired primary data from the companies of manufacturing sector of Pakistan, are selected as sample of the study. The study used connivance sampling technique for data acquisition. Moreover, descriptive statistics are applied by using item wise technique and non-parametric techniques are also applied that supported results with historic investigations and have found significant relationship of biases with working capital management.