The effect of inventory leanness on firms’ credit ratings: the case of Pakistan

Detalhes bibliográficos
Autor(a) principal: Carvalho, Paulo Viegas
Data de Publicação: 2022
Outros Autores: Shah, Syed Hammad Hussain, Zaheer, Abrish, Mata, Mário Nuno, Lourenco, Antonio
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.21/15505
Resumo: Artigo publicado em revista científica internacional
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spelling The effect of inventory leanness on firms’ credit ratings: the case of PakistanCredit ratingInventory leannessFinancial performanceOperational leannessLean manufacturing philosophyArtigo publicado em revista científica internacionalInventory leanness requires that firms minimize inventory mistreatment and misuse. A firm performance deteriorates because of high inventory misuse, and because of such an issue, the effect on the firm’s credit rating can also be seen. This study examines the effect of inventory leanness on firms’ credit ratings. It aims to create an understanding of the relationship between inventory leanness and the firm’s financial performance and provides insight into the credit rating system of Pakistan. We analyze secondary Pakistan data between 2008 and 2017. Among the sixty firms on Pakistan Stock Exchange that are rated by PACRA, only thirty-eight have complete data available on their respective websites. By using panel data analysis, the results indicate that inventory leanness and credit ratings are positively related. In an added analysis, we evaluate the financial performance in the context of credit rating by using control variables (size, leverage, and capital intensity ratio) and dummy variables (loss and subordinate debt). Our results are consistent with earlier studies.MDPIRCIPLCarvalho, Paulo ViegasShah, Syed Hammad HussainZaheer, AbrishMata, Mário NunoLourenco, Antonio2023-02-08T16:50:21Z2022-112022-11-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.21/15505engCarvalho, P. V., Shah, S. S. H., Zaheer, A., Mata, M. N., & Morão Lourenço, A. (2022). The Effect of Inventory Leanness on Firms’ Credit Ratings: The Case of Pakistan. Risks, 10(12), 226. https://doi.org/10.3390/risks10120226https://doi.org/10.3390/risks10120226info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T10:13:07Zoai:repositorio.ipl.pt:10400.21/15505Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:23:09.962408Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
title The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
spellingShingle The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
Carvalho, Paulo Viegas
Credit rating
Inventory leanness
Financial performance
Operational leanness
Lean manufacturing philosophy
title_short The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
title_full The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
title_fullStr The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
title_full_unstemmed The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
title_sort The effect of inventory leanness on firms’ credit ratings: the case of Pakistan
author Carvalho, Paulo Viegas
author_facet Carvalho, Paulo Viegas
Shah, Syed Hammad Hussain
Zaheer, Abrish
Mata, Mário Nuno
Lourenco, Antonio
author_role author
author2 Shah, Syed Hammad Hussain
Zaheer, Abrish
Mata, Mário Nuno
Lourenco, Antonio
author2_role author
author
author
author
dc.contributor.none.fl_str_mv RCIPL
dc.contributor.author.fl_str_mv Carvalho, Paulo Viegas
Shah, Syed Hammad Hussain
Zaheer, Abrish
Mata, Mário Nuno
Lourenco, Antonio
dc.subject.por.fl_str_mv Credit rating
Inventory leanness
Financial performance
Operational leanness
Lean manufacturing philosophy
topic Credit rating
Inventory leanness
Financial performance
Operational leanness
Lean manufacturing philosophy
description Artigo publicado em revista científica internacional
publishDate 2022
dc.date.none.fl_str_mv 2022-11
2022-11-01T00:00:00Z
2023-02-08T16:50:21Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.21/15505
url http://hdl.handle.net/10400.21/15505
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Carvalho, P. V., Shah, S. S. H., Zaheer, A., Mata, M. N., & Morão Lourenço, A. (2022). The Effect of Inventory Leanness on Firms’ Credit Ratings: The Case of Pakistan. Risks, 10(12), 226. https://doi.org/10.3390/risks10120226
https://doi.org/10.3390/risks10120226
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv MDPI
publisher.none.fl_str_mv MDPI
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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