HomeGeneralSurgeryOperatingConferencePaperPDFAvailableNetTradeCycleAndOperatingCashFlowJanuary2014DOI:10.5339/qfarc.2014.SSPP0046Conference:QatarFoundationAnnualResearchConferenceProceedingsAuthors:HaithamNobaneeAbuDhabiUniversity,TheUniversityofOxford,andTheUniversityofLiverpoolDownloadfull-textPDFReadfull-textDownloadfull-textPDFReadfull-textDownloadcitationCopylinkLinkcopiedReadfull-textDownloadcitationCopylinkLinkcopiedReferences(26)Figures(1)FiguresTwo-StepsResultsofGMMSystemEstimation… Figures-uploadedbyHaithamNobaneeAuthorcontentAllfigurecontentinthisareawasuploadedbyHaithamNobaneeContentmaybesubjecttocopyright.Discovertheworld'sresearch20+millionmembers135+millionpublications700k+researchprojectsJoinforfreePublicFull-text1ContentuploadedbyHaithamNobaneeAuthorcontentAllcontentinthisareawasuploadedbyHaithamNobaneeonJul07,2020Contentmaybesubjecttocopyright.Electroniccopyavailableat:https://ssrn.com/abstract=2970032AStudyoftheRelationshipbetweenNetTradeCycleandLiquidityofSmallFirmsHaithamNobaneeFinanceandEconomicsDepartment,CollegeofBusinessAdministration,AbuDhabiUniversity,UnitedArabEmiratesE-mail:[email protected]:+97125015709;Fax:+97125860184JayaAbrahamFinanceandEconomicsDepartment,CollegeofBusinessAdministration,AbuDhabiUniversityCitationNobanee,H.,Abraham,J.(2014)AStudyoftheRelationshipbetweenNetTradeCycleandLiquidityofSmallFirms.InternationalResearchJournalofFinanceandEconomics,March(120),8-12AbstractThispaperaimstoexaminetherelationshipbetweentheefficiencyofworkingcapitalmanagement,firm’ssizeandliquidity.ThisrelationisanalyzedusingGeneralizedMethodofMomentSystemEstimationappliedtodynamicpaneldataforasampleof5802non-financialfirmslistedinthemajorUSmarketsfortheperiod1990-2004.Theresultsshownegativeandsignificantrelationshipbetweennettradecycleasacomprehensivemeasureoftheefficiencyinworkingcapitalmanagementandliquidityforsmallfirms..Keywords:WorkingCapitalManagement;SmallFirms;Liquidity1.IntroductionGlobally,thesmallbusinesssectorplaysamajordynamicrolein