| Autor: |
Viskari, Sari, Pirttilä, Miia, Kärri, Timo |
| Zdroj: |
International Journal of Managerial and Financial Accounting; January 2011, Vol. 3 Issue: 4 p348-366, 19p |
| Abstrakt: |
Working capital management is an essential element in short-term financing and cash flow. Previous studies have also discussed the impact of working capital management on the relative profitability of a company. In this paper, we study the effect of the management of working capital components (inventories, accounts receivable and accounts payable) on profitability in the context of the value chain. The findings suggest that the components of working capital should be managed together to achieve positive effects on profitability. Companies also need to take account of the other companies of the value chain in their management of working capital components. |
| Databáze: |
Supplemental Index |
| Externí odkaz: |
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