Working Capital
A
SYNOPSIS ON
WORKING CAPITAL MANAGEMENT
OF THE L & T.
UNDER SUPERVISION OF:
-------------------SUBMITTED BY
NAME
:
ENROLLMENT NO
:
STUDY CENTER CODE
:
REGIONAL CENTER
MRS. A.R. RAJALAKSHMI
:
Submitted in partial fulfillment of the requirements for qualifying
Master of Business Administration (FINANCE)
1
WORKING CAPITAL MANAGEMENT
OF THE L & T.
TABLE OF CONTENTS
S. NO.
CONTENTS
PAGE NO.
1.
Title of the Project………………………….………………………..3
2.
Introduction ……..……………………………………………...…..4
3.
Rationale of study……………………………………………..…….7
4.
Review of Literature………………………………………..……….8
5.
Objectives of the Study………………………………………….….10
6.
Research Methodology.………………………...…………………...11
7.
Expected Contribution from Study ………………………….….....12
8.
Chapterisation………………………………………….…….……...13
9.
Bibliography…………………………………………………………14
2
3
2. INTRODUCTION
COMPANY PROFILE
Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India 's private sector.
Seven decades of a strong, customer-focused approach and the
continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business.
L&T has an international presence, with a global
spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its overseas manufacturing footprint, with facilities in
China and the Gulf region.
The company 's businesses are supported by a wide
marketing and distribution network, and have established a reputation for strong customer support. L&T believes that progress must be achieved in harmony with the environment. A commitment to community welfare and environmental protection are an integral part of the corporate vision.
M/s Larsen & Toubro Ltd. ECC Division is
SYNOPSIS ON
WORKING CAPITAL MANAGEMENT
OF THE L & T.
UNDER SUPERVISION OF:
-------------------SUBMITTED BY
NAME
:
ENROLLMENT NO
:
STUDY CENTER CODE
:
REGIONAL CENTER
MRS. A.R. RAJALAKSHMI
:
Submitted in partial fulfillment of the requirements for qualifying
Master of Business Administration (FINANCE)
1
WORKING CAPITAL MANAGEMENT
OF THE L & T.
TABLE OF CONTENTS
S. NO.
CONTENTS
PAGE NO.
1.
Title of the Project………………………….………………………..3
2.
Introduction ……..……………………………………………...…..4
3.
Rationale of study……………………………………………..…….7
4.
Review of Literature………………………………………..……….8
5.
Objectives of the Study………………………………………….….10
6.
Research Methodology.………………………...…………………...11
7.
Expected Contribution from Study ………………………….….....12
8.
Chapterisation………………………………………….…….……...13
9.
Bibliography…………………………………………………………14
2
3
2. INTRODUCTION
COMPANY PROFILE
Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India 's private sector.
Seven decades of a strong, customer-focused approach and the
continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business.
L&T has an international presence, with a global
spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its overseas manufacturing footprint, with facilities in
China and the Gulf region.
The company 's businesses are supported by a wide
marketing and distribution network, and have established a reputation for strong customer support. L&T believes that progress must be achieved in harmony with the environment. A commitment to community welfare and environmental protection are an integral part of the corporate vision.
M/s Larsen & Toubro Ltd. ECC Division is
Bibliography: [2] Afza, T. and M. S. Nazir, (2008). Working Capital Approaches and Firm’s Returns. [3] Baltagi, B. H. (2001). Econometric Analysis of Panel Data. 2nd Edition, John Wiley & Sons [4] Blinder, A. S. and L. Macinni, (1991). Taking Stock: A critical Assessment of Recent Research on Inventories [5] Czyzewski, A.B., and D.W. Hicks, (1992). Hold Onto Your Cash. Management Accounting [6] Deloof, M. (2003). Does Working Capital Management Affects profitability of Belgian Firms? Journal of Business Finance & Accounting [7] Economic Survey of Pakistan, (2006-07). Finance Division, Government of Pakistan. [8] Eljelly, M.A. (2004). Liquidity – Profitability Tradeoff: An empirical investigation in an emerging market [9] Filbeck, G. and T. M. Krueger, (2005). An Analysis of Working Capital Management results across Industries [10] Garcia-Teruel, P.J. and Martinez-Solano, P. (2007). Effects of Working Capital Management on SME Profitability 164-177. International Research Journal of Finance and Economics - Issue 47 (2010) 162