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Topic · Accounting

Working Capital and Financial Performance

Working Capital and Financial Performance is a research topic within Accounting. Science Explorer counts 16k research works in it since 1950. 19.2% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores the impact of working capital management, particularly trade credit, on the profitability and financial performance of firms, with a focus on small and medium-sized enterprises (SMEs). It delves into the dynamics of liquidity management, bank lending relationships, and the role of trade credit in addressing financial constraints within the context of supply chain finance.

  • Working Capital Management
  • Trade Credit
  • Profitability
  • Financial Performance
  • SMEs
  • Liquidity Management
  • Corporate Finance
  • Bank Lending
  • Financial Constraints
  • Supply Chain
Research works
16k
fractional, since 1950
In the world top 10%
3.2k
per year above
Top-10% rate
19.2%
share of its works in the world top 10%
Growth, 2013–17 → 2018–22
+84%
the tick is no change

Which countries lead Working Capital and Financial Performance research?

By volume, Indonesia and India publish the most (1.6k and 440 works in 2022–2025).

By volume, 2022–2025

  1. 1 Indonesia 1.6k works
  2. 2 India 440 works
  3. 3 China 404 works
  4. 4 Nigeria 390 works
  5. 5 Türkiye 298 works
  6. 6 United States 232 works
  7. 7 Kenya 196 works
  8. 8 Pakistan 110 works
  9. 9 South Africa 96 works
  10. 10 Brazil 89 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

Indonesia: 40.9%India: 11.5%China: 10.6%Nigeria: 10.2%6 others listed: 26.7%41%largest
Indonesia1,562 · 40.9%India440 · 11.5%China404 · 10.6%Nigeria390 · 10.2%6 others listed1,021 · 26.7%

Shares of the rows listed above, not of the whole node.

Which institutions lead Working Capital and Financial Performance research?

By volume in 2022–2025, Tarumanagara University publishes the most Working Capital and Financial Performance research, followed by Universitas Patria Artha and Jomo Kenyatta University of Agriculture and Technology.

Who are the leading researchers in Working Capital and Financial Performance?

The most-cited researchers publishing on Working Capital and Financial Performance include Gregory F. Udell.

  1. 1 Gregory F. Udell United States 2.1k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

Where is Working Capital and Financial Performance research done?

The largest centres of Working Capital and Financial Performance research in 2022–2025 are Jakarta (Indonesia), Nairobi (Kenya), Makassar (Indonesia) and Bandung (Indonesia). Among places with at least 20 works in it, it is an unusually large share of all research in Kaduna and Nairobi.

Largest cities, 2022–2025

  1. 1 Jakarta Indonesia 301 works
  2. 2 Nairobi Kenya 124 works
  3. 3 Makassar Indonesia 112 works
  4. 4 Bandung Indonesia 109 works
  5. 5 Surabaya Indonesia 103 works
  6. 6 Medan Indonesia 86 works
  7. 7 Beijing China 70 works
  8. 8 Semarang Indonesia 59 works
  9. 9 Malang Indonesia 57 works
  10. 10 Tangerang Indonesia 53 works

Where it is the local speciality

  1. KadunaNG · 21.7 works39×
  2. NairobiKE · 124.4 works28×
← less than its size predictsmore →

Location quotient: how much more of its research is in Working Capital and Financial Performance than the world average.

See Working Capital and Financial Performance on the map

Where is the best place to study Working Capital and Financial Performance?

Among universities, judged by research, Jomo Kenyatta University of Agriculture and Technology, Tarumanagara University and Universitas Patria Artha score highest, combining excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%20%40%mean 18.63%fractional works in this node (log) →share in the world top 10% →Jomo Kenyatta University of Agriculture and Technology: 54, 0.9%Tarumanagara University: 69, 1.1%Universitas Patria Artha: 61, 2.6%Northern University of Malaysia: 8, 30.1%Southwestern University of Finance and Economics: 9, 42.2%Universitas Trisakti: 39, 3.0%Durban University of Technology: 9, 23.5%Dongbei University of Finance and Economics: 9, 36.6%The Federal Polytechnic, Ado-Ekiti: 10, 18.4%Symbiosis International University: 15, 27.9%Northern University …Universitas Patria A…Tarumanagara Univers…Jomo Kenyatta Univer…
above the meannear itbelow it

One dot per university in the table below. The upper left is the interesting corner: small places doing unusually strong work.

#UniversityScoreTop 10%SpecialisationWorksGrowth
1 Jomo Kenyatta University of Agriculture and TechnologyKenya 61.10.9%88.5×54 +1310.6%
2 Tarumanagara UniversityIndonesia 60.71.1%25.1×69 +1300.0%
3 Universitas Patria ArthaIndonesia 60.42.6%14.8×61 +1126.2%
4 Northern University of MalaysiaMalaysia 58.130.1%9.1×8 +695.7%
5 Southwestern University of Finance and EconomicsChina 57.542.2%12.0×9
6 Universitas TrisaktiIndonesia 56.83.0%17.5×39 +578.6%
7 Durban University of TechnologySouth Africa 55.523.5%12.0×9 +163.9%
8 Dongbei University of Finance and EconomicsChina 54.336.6%27.1×9
9 The Federal Polytechnic, Ado-EkitiNigeria 54.218.4%16.1×10 +234.0%
10 Symbiosis International UniversityIndia 54.127.9%8.7×15 +121.9%

Universities only. Score blends excellence (30%), specialisation (25%), size (20%), growth (15%) and international reach (10%), 2015–2022; growth compares 2010–14 with 2015–19.

Is Working Capital and Financial Performance research growing?

Output in 2018–2022 was 84% higher than in 2013–2017, peaking in 2025. The fastest-growing topics are Working Capital and Financial Performance.

19801990200020102020
grewheldshrank

The same series as a ribbon — one cell per year, darker for more. The line above answers how much; this answers when.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.