Lyngstadaas, Hakim; Berg, Terje - In: International Journal of Managerial Finance 12 (2016) 3, pp. 295-313
effect on the profitability of small- and medium-sized Norwegian firms. Design/methodology/approach – The data comprise 21 … results indicate that reducing cash conversion cycle will increase profitability. Even though endogeneity may exist, this does … controlled for, supporting the robustness of the results. The relevance of quadratic dependencies of the profitability on …