Short-term financial management involves the management of current assets and liabilities, which directly affect an organisation's liquidity and profitability. This study aims to examine the relationship between the operating performance and short-term financial management of small and...

Working capital management is an issue in which finance research is scarce. One possible reason behind this fact might relate to the relative ease with which efficient financial markets correct deviations from optimal working capital policies. However, in less efficient financial markets,...

This is a course material (slides in pdf format) for Financial Analysis and Control already in SSRN. In these slides I present a detailed explanation of different tools commonly used in financial management and specifically Working Capital Management. We introduce some examples in the slides and...

Working capital management (WCM) plays a significant role in company's operations. The aim of this research is to explain how working capital management affects profitability of Serbian companies measured by ROA indicator. In order to answer the question, a quantitative analysis of working...

This paper aims to examine the impact of working capital management on the sustainable performance of firms. The regressions were applied by using the sample of non-financial UAE companies listed on Abu Dhabi Stock Exchange (ADX) during the period of time between 2014 and 2019. The empirical...

This paper examines the effectiveness of the Chief Financial Officer (CFO) in managing working capital (WC) days. We investigate female CFOs in US-listed firms given the recent surge in the literature on their significance in the corporate boardroom and show that female CFOs are associated with...

Businesses strive for effective working capital management (WCM) since ineffective WCM influences firms' failure in developing economies. However, the connection between WCM and the going concern of firms has not received significant quantitative attention. Hence, this study examines the impact...

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...