This paper examines the linkage between working capital management and corporate performance for a sample of non-financial UK companies. In contrast to previous studies, the findings provide strong support for an inverted U-shaped relation between investment in working capital and firm...

В статье исследовано и проанализировано влияние изменения денежных потоков на чувствительность инвестиционной деятельности предприятия. Доказано, что...

In this research, we have analyzed the impact of financial leverage on the relationship between working capital and company value and how financial constraints on access to financing affect this relationship. In addition, we have analyzed the relationship between working capital and company...

Under financial constraints, exporting may have less to do with productivity and more to do with financial resources. The established relationship between exporting and productivity would differ when examined through the lens of the working capital needs of the firm. I approach the hypothesis...

n the U.S. economy during the past 25 years, house prices exhibit fluctuations considerably larger than house rents, and these large fluctuations tend to move together with business cycles. We build a simple theoretical model to characterize these observations by showing the tight connection...

This article aims to highlight the impact of the economic crisis in the economy at the microeconomic level. The crisis that began in 2007 as a financial crisis, naturally grown into an economic one. Reduced availability of capital has reduced demand from vendors. It also worsened the possibility...

The extension of the Bamako informal sector project to the other cities is the occasion for the 1986 survey of 87 blacksmiths, leather workers, weavers, shoe makers, metal workers and carpenters in Tombouctou. They are organized in four trade associations supported by the ILO-executed technical...

Under the present conditions of economic crisis in Ukraine is particularly important is to ensure effective management of enterprises, including by accelerating the turnover of their capital and optimize the structure of the sources of its formation. This leads to an objective need for...

This study comparatively examines the determinants of working capital management for listed vs. unlisted firms, and assesses the impact of this policy on profitability by focusing on the cash conversion cycle, a commonly used measure of working capital management. By using a large UK public and...