Abstract Prediction of financial distress has been a major concern for all companies since the financial crisis of 2008. Financial distress is detrimental to big and small organisations alike. It is costly because it creates a tendency for firms to do things that are harmful to debt holders and non financial stakeholders, impairing access to Read More …
Author Ashok Kumar Panigrahi Namita Raul Chaitrali Gijare Abstract Liquidity plays a vital role in the successful functioning of every business. The important part in managing working capital is maintaining liquidity on a day-to-day basis to ensure the smooth running of the organisation and to meet its obligations. Hence, it is very important to keep Read More …
Abstract Efficient management of working capital is a fundamental part of the overall corporate strategy in creating shareholders’ value. Today, the management of Working Capital is one of the most important and challenging aspects of overall financial management. Optimization of working capital balance means minimizing working capital requirements and realizing maximum possible revenues. Efficient WCM Read More …
