Clampit, Jack; Hasija, Dinesh; Dugan, Michael T.; … - In: Journal of risk and financial management : JRFM 14 (2021) 10, pp. 1-16
&D intensities performed better during COVID-19, especially when cash-to-inventory levels were low. This study is among the first to … strategically, while prioritizing inventory versus cash retention. The positive effect of inventory versus cash extends theory by … suggesting a new boundary condition related to pandemics that reverses the positive link between cash and performance found …
