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Although some studies have analysed the effects of corporate governance practices on cash holdings, this study is the first, to the best of our knowledge, to analyse the effects of a non-mandatory premium listing that was designed to establish a higher standard of governance set by Brazilian...
Persistent link: https://www.econbiz.de/10011979987
The current situation of slower economic growth is leading to a more difficult access to funds and unpredictable payment behaviour of customers, which predetermines growing importance of working capital management. The aim of the present article is to examine the effects of working capital...
Persistent link: https://www.econbiz.de/10014516245
Persistent link: https://www.econbiz.de/10013547872
-financial firms for the period 1997–2007. Trade credit policy and inventory policy are measured by number of days accounts … receivable, number of days of inventory and number of days accounts payable. The result shows that shortening the CCC improves …
Persistent link: https://www.econbiz.de/10011139642
Prior studies contend that an unexpected increase in inventory reflects a firm's difficulty in generating sales and …-2005, we confirm the negative relation between inventory changes and firm performance but find that the relation is sensitive … industry as well as for firms that normally carry low levels of inventory. Our findings suggest that the macroeconomic and …
Persistent link: https://www.econbiz.de/10013122853
Households tend to hold substantial amounts of non-financial assets in the form of inventory. Households can obtain … this inventory management. We demonstrate that households earn high returns from inventory management at low levels of … inventory, though returns decline rapidly as inventory levels increase. We provide evidence using scanner and survey data that …
Persistent link: https://www.econbiz.de/10012421080
Households tend to hold substantial amounts of non-financial assets in the form of inventory. Households can obtain … this inventory management. We demonstrate that households earn high returns from inventory management at low levels of … inventory, though returns decline rapidly as inventory levels increase. We provide evidence using scanner and survey data that …
Persistent link: https://www.econbiz.de/10012271205
The purpose of this paper is to examine the contribution made by the internal control systems and working capital management on financial performance of supermarkets. This study is cross-sectional and correlational, and it uses firm-level data that were collected by means of a questionnaire...
Persistent link: https://www.econbiz.de/10012117384
Šiame darbe nagrinėjami apyvartinio kapitalo ir įmonės veiklos rezultatų sąryšiai mažose ir vidutinėse įmonėse Lietuvoje. Darbo tikslas buvo nustatyti priklausomybės pobūdį ir stiprumą tarp apyvartinio kapitalo bei įmonės veiklos rezultatų. Pirmojoje darbo dalyje buvo...
Persistent link: https://www.econbiz.de/10009478889
Despite the advantages that literature grants to factoring, its degree of adoption in small and medium-sized enterprises (SMEs) is low. The objective of the research is to establish the determinants in factoring adoption that allow greater access to financing by SMEs. For this purpose, a...
Persistent link: https://www.econbiz.de/10014525594