Abstract: Corporate world has felt the demise since the inception of corporate governance scandals which has subsequently questioned the performance of the corporate governance system. Afterwards, financial literature received greater paramount to analyse the corporate governance system in relation to different parameters of the firms. The study has attempted to extract good corporate practices which will provides useful information and intuition to equity investors, security analyst, policy maker and financial management consultant. This study uses regression and correlation techniques to investigate the impact of corporate governance on working capital management efficiency of Omani firms employing causal correlation research design and a sample of 62 firms listed at Muscat Securities Market for the period of 3 years from 2016-2018. The results show that audit committee, board size and gender effect improve utilization of the working capital.
Keywords: Cash Conversion Cycle, Corporate Governance, Corporate Governance Index.
Title: The Influence of Corporate Governance on the Working Capital Management Efficiency of Omani Firms
Author: Dr. Salman Nusrat Zaidi, Ms. Sujata Venkatachari
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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