This study reports results of a nationwide survey on overall working capital policy of small manufacturing firms. The survey instrument used was a modified version of the 1980 Smith and Sell study [18] on large firms. A detailed 36-question form queried firms on their overall working capital...

Although there is ample literature on the use of capital budgeting techniques by small firms, there is practically no research available on why small firms don’t use discounted cash flow methods. This paper looks at this rationale issue in die light of Brigham's 10 hypodieses (in Fundamentals...

The importance of an accurate sales forecast to financial management in general is well documented. Although large firms' forecasting practices as they relate to financial management have been surveyed, this is the first such study on small (manufacturing) firms. Surprisingly, the two groups are...

This research is motivated by two major factors. (1) the over twenty year hiatus since the last thorough review of the capital budgeting survey literature, and (2) past appeals to the finance academic community by researchers to explore neglected areas of the capital budgeting process. ln...

This research is motivated by two major factors: (1) the over twenty year hiatus since the last thorough review of the capital budgeting survey literature, and (2) past appeals to the finance academic community by researchers to explore neglected areas of the capital budgeting process. In...

This study reports results of a nationwide survey on overall working capital policy of small manufacturing firms. The survey instrument used was a modified version of the 1980 Smith and Sell study [18] on large firms. A detailed 36-question form queried firms on their overall working capital...

Although there is ample literature on the use of capital budgeting techniques by small firms, there is practically no research available on why small firms don’t use discounted cash flow methods. This paper looks at this rationale issue in die light of Brigham's 10 hypodieses (in Fundamentals...

Many environmental problems are caused by changes in aspects of the hydrological cycle. Water balance modelling combined with field experiments can give us a better understanding of the components of the hydrological cycle from which to develop appropriate management options. Water balance...