Abstract
Investing and financing policies effect on firm performance is the major research area for the manufacturing industry. Eleven cement companies based on market capitalization were selected and the data were taken from 2015 to 2019. This study has applied Canonical correlation to study the impact of investing and financing policies on firm performance. Investing policy and financing policy are statistically significant with firm performance if measured as ROA, ROI & TOBINSQ. If NOP is the firm performance measure, only investing policy is statistically significant. The researchers have applied multivariate regression model to find out the impact of working capital policies and procedures on firm performance. It could be identified from the results of multiple regression that the following variables viz., CATA, CLTA, SG, SHP and CAT have a statistically significant effect on the firm performance. Hence, all the models are statistically significant, ROA identified as firm performance measure is a better in terms of R square and most of the factors are statistically significant.
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