Purpose Well-designed and implemented working capital management (WCM) will encourage positive returns for a business and establish the firm’s value, while ineffective management will undoubtedly lead to failure of the enterprise. The paper aims to discuss these issues....

We develop a theory of opinionated bosses -- this is where a boss reveals her opinions to a worker who is tasked with gathering information. When the worker gathers information across multiple tasks, which he views as substitutes, selectively revealing opinions to the worker on one task...