Candeias, Teresa; Dias, Diana - In: Administrative Sciences : open access journal 13 (2023) 8, pp. 1-17
The purpose-The aim of this paper is to explain the relationship between working capital and profitability in the … between working capital management and the profitability of Old World firms, based on a sample of 324 firms. Findings … indicate that managers could create value for their shareholders if they managed their working capital more efficiently …