Impact of Behavioural Biases on Working Capital Management of Manaufactring Sector of Pakistan: A Non Parametric Investigation Approach

Sajid Iqbal, Safdar Ali Butt


The current study aims to investigate the relationship of overconfidence bias, loss aversion bias, self-serving bias and anchoring bias with working capital management. The study used questionnaire and acquired primary data from the companies of manufacturing sector of Pakistan, are selected as sample of the study. The study used connivance sampling technique for data acquisition. Moreover, descriptive statistics are applied by using item wise technique and non-parametric techniques are also applied that supported results with historic investigations and have found significant relationship of biases with working capital management.

Keywords: Biases, Working Capital Management, Non Parametric, Questionnaire, Manufacturing Sector.

Full Text: PDF
Download the IISTE publication guideline!

To list your conference here. Please contact the administrator of this platform.

Paper submission email:

ISSN 2422-8397

Please add our address "" into your email contact list.

This journal follows ISO 9001 management standard and licensed under a Creative Commons Attribution 3.0 License.

Copyright ©