Impact of working Capital Investment Strategies on Efficiency of Working Capital in the Pharmaceutical Industry

By: Publication details: New Delhi Indian Journal of Marketing December 2021Description: Vol. 15, Issue 12, December 2021, Pages 39-56Subject(s): In: Indian Journal of FinanceSummary: The study examined the impact of working capital investment policies on the WC efficiency index in different economic situations and was based on the premise that despite having a mathematical difference in the working capital efficiencies of domestic and multinational pharmaceutical companies, statistically there was no significant difference between the different periods. The analysis revealed that the majority of the companies had been practicing an aggressive working capital investment policy. During recession and recovery periods because of positive beta coefficients the management of the DPCs should infuse more investments in current assets.
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Article St. Francis Institute of Management and Research Available AR0939

The study examined the impact of working capital investment policies on the WC efficiency index in different economic situations and was based on the premise that despite having a mathematical difference in the working capital efficiencies of domestic and multinational pharmaceutical companies, statistically there was no significant difference between the different periods. The analysis revealed that the majority of the companies had been practicing an aggressive working capital investment policy. During recession and recovery periods because of positive beta coefficients the management of the DPCs should infuse more investments in current assets.

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