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the shortest working capital cycles, relatively higher rates of profitability were obtained. A favorable influence of … working capital cycles reduction of the profitability was also verified by means of a multiple regression analysis. -- working …
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examine the role of business cycles on the working capital–profitability relationship using a sample of Finnish listed … companies over an 18-year period. We find the impact of business cycle on the working capital–profitability relationship is more …
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