Baños-Caballero, Sonia; García-Teruel, Pedro J.; … - In: Accounting and Finance 50 (2010) 3, pp. 511-527
This paper analyses the determinants of Cash Conversion Cycle (CCC) for small- and medium-sized firms. It has been found that these firms have a target CCC length to which they attempt to converge, and that they try to adjust to their target quickly. The results also show that it is longer for...