The purpose of this paper is to develop an understanding of the impact that a crisis such as that created by COVID-19 has on entrepreneurs. The authors focus on female…
The purpose of this paper is to develop an understanding of the impact that a crisis such as that created by COVID-19 has on entrepreneurs. The authors focus on female entrepreneurs and their ability and propensity to continue their entrepreneurial journey.
For each respondent (n = 113), data was collected using an online survey. The survey was distributed in April 2020 during a nationwide lockdown and again in September 2020 as the economy reopened. In completing the survey, respondents were asked a series of multiple-choice questions and a series of open-ended questions.
The authors present data characterizing the female entrepreneurs, their experience during a time of crisis and the enablers and disablers to the continuation of their entrepreneurial journey. The key findings that emerge from this study include the resilience of the female entrepreneurs, their willingness to contribute to community-based organizations during a crisis and their desire to seek and receive support from their peers.
The findings from this study provide novel insights with regard to the resources and strategies used by female entrepreneurs during a time of crisis. The data was collected during two periods of great uncertainty for the entrepreneurs and at times when their availability was extremely limited.
This study aims to thoroughly examine and understand the relationship between working capital management (WCM) and the sustainable financial performance (FP) in the context of the…
This study aims to thoroughly examine and understand the relationship between working capital management (WCM) and the sustainable financial performance (FP) in the context of the New Zealand companies listed on stock exchange.
This study has applied various regression techniques to examine WCM and the sustainable FP relationship. The data set period is from 2009 to 2019. The results are robust upon various layers of robustness parameters. The system-generalized method of moments is applied for managing endogeneity issue.
The research reveals compelling evidence of a meaningful connection between WCM and sustainable FP indicators. The study specifically highlights the significant negative associations between the cash conversion cycle, average collection period and average age of inventory with the firm’s sustainable FP. Through robust analyses and various parameter adjustments, the study ensures the credibility and reliability of its conclusions, further reinforcing the impact of WCM on the financial health of New Zealand-listed firms.
This study provides future directions for researchers to explore the dynamic relationship between WCM and a firm sustainable FP because it is still a demanding and challenging area. Future research may care to explore the optimal way to reduce the cash conversion cycle, average collection period and average age of inventory for New Zealand firms. The current study does provide insights to NZ financial managers, which is useful for improving sustainable FP by efficiently managing WCM.
WCM is problematic and constitutes a notable challenge; it requires further research, especially in small economies such as New Zealand. Hence, it is an updated and fresh attempt based on a larger data set to measure the empirical relationship between WCM and the sustainable performance of New Zealand-listed firms. Furthermore, the current study uses dynamic panel data estimation techniques in addition to multiple regression techniques.