Review Of Literature In Working Capital Management

Review Of Literature In Working Capital Management-22
6, issue 2, 173-197 Abstract: Purpose - – The purpose of this paper is to review research on working capital management (WCM) and to identify gaps in the current body of knowledge, which justify future research directions.

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The proposed future research direction is given in this paper may help to develop a better understanding of determinants and practices of working capital management.

The purpose of this paper is to review research on working capital management (WCM) and to identify gaps in the current body of knowledge, which justify future research directions.

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Harsh Pratap Singh and Satish Kumar Qualitative Research in Financial Markets, 2014, vol.

The results of previous studies, however, have been inconsistent.

This study is an attempt to find out the best proxy of working capital in explaining firm’s performance.

In depth analysis tells that most in case research work is observed and focused mainly on two aspects, working capital on profitability of firm and working capital management.

The chief issues with previous literature are lack of survey-based approach and lack of methodical theory advance study, which gives direction and idea for future research.

Purpose: The purpose of this paper is to examine the relationship between working capital management and firm performance for firms listed on the Indonesian Stock Exchange.

Prior works have employed many indicators of the working capital.

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