Abstrak
The main objective of this research is to examine the effect of efficient working capital on corporate performance. The objects of this research are manufacture companies listed in Indonesia Stock Exchange from 2010 through 2017. The research design in this study are consisted of several dependent and independent variables. Corporate performance with stock price indicators and working capital efficiency with the Cash Conversion Cycle (CCC) indicator as the dependent and independent variables. The amount of sales, ROA and ROE as an indicator of company size and profitability both as a variable control. The results of regression analysis used Smartpls-3 revealed a significant positive effect as well as control variables.
Key words: Corporate Performance, ROA, TS and CCC