CHAPTER ONE: INTRODUCTION 1.1 Introduction Working capital is an important issue during financial decision making since it is being a part of investment in asset that requires appropriate financing investment (Zariyawati et al‚ 2009). However it is always being ignored by companies because it is related to short term period. The companies or managers should understand that items or transactions in short term period may give significant impact in future if the responsible managers does not
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DEFINITION A branch of economics concerned with resource allocation as well as resource management‚ acquisition and investment. Simply‚ finance deals with matters related to money and the markets. To raise money through the issuance and sale of debt and or equity MEANING OF FINANCE ------------------------------------------------- Finance is the study of how investors allocate their assets over time under conditions of certainty and uncertainty. A key point in finance‚ which affects
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“How important Working Capital Management is to a firm’s value maximization‚ under crisis conditions.” Name: Angelos Dimakakos Professor: George Sainis Due: April 1st 2014 Word Count: 3986 (Without Appendix and Bibliography) Literature review As one of the basic decisions in corporate finance‚ besides the capital structure decisions and capital budgeting decisions‚ working capital management is a very important component of corporate finance since efficient working capital management will
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October 2012 Accepted 1 November 2012 The impact of corporate governance on working capital management efficiency of American manufacturing firms Amarjit S. Gill The University of British Columbia (Okanagan Campus)‚ Kelowna‚ Canada‚ and Nahum Biger School of Business‚ Academic Center Carmel‚ Haifa‚ Israel Abstract Purpose – The purpose of this study is to investigate the impact of corporate governance on working capital management efficiency. This study also seeks to extend the findings of Gill
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Laurentian Bakeries Instruction: You need to analyze the case and come up with the recommendation with regards to the capital budgeting decision. Assumption: Inflation rate is 4% Discussion Guideline: 1. What is the dilemma faced by the management of Laurentian Bakeries? 2. Comment on the Laurentian Bakeries’ ‘Project Review Process’. Is it a sound process? 3. What are the alternative investment opportunities? Why are those alternatives not chosen? 4. Comment on the expected
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All businesses need cash to survive • Cash is needed to: – Invest in fixed assets – Pay suppliers and employees – Fund overheads and other fixed costs – Pay tax due to the Government Managing working capital effectively is‚ therefore‚ a vital part of making sure the business has enough cash to continue INTRODUCTION Managing Current Assets and Liabilities is nothing new to us. We practice it everyday without us notice it. Let us assume you want to reward your self by buying a new car. What
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STUDY OF PROJECT PLANNING‚ MONITORING AND CONTROLLING IN COASTAL PROJECTS LIMITED A Project Report Titled “Study of Project Planning‚ Monitoring and Controlling in Coastal Projects Limited (CPL)” Submitted in partial fulfillment of Post-Graduate Degree Master in Business Administration TO Institute of Management‚ Nirma University -: Submitted By:- Aditya Chilappagari -: The Project Guide:- Prof. Arpita Amarnani -: For The Academic Year:- 2010-11 INSTITUTE OF MANAGEMENT
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IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X‚ p-ISSN:2319-7668‚ PP 93-100 www.iosrjournals.org Impact of Working Capital Management on firms’ performance: Evidence from Chemical sector listed firms in KSE-100 index 1 Adeel Mumtaz‚ 2Muhammad Rehan‚ 3Muhammad Rizwan‚ 4Farhan Murtaza‚ 5 Atif Jahanger‚ 6Hina Almas khan 1‚2‚4‚5‚6 3 MS Scholar‚ Department of Management Sciences‚ The Islamia University of Bahawalpur‚ Pakistan Lecturer‚ Department of Management Sciences
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WEEK 2 – WORKING CAPITAL MANAGEMENT Topic 2.1 Working-Capital Management Introduction Learning Outcomes • List the determinants of a firm’s net working capital and explain their relationships • Utilize working capital in managing firm activities • Describe the hedging principle of short-term debt • Calculate the cash conversion cycle • Understand the risk/return trade-off in managing working capital I. Background The business manager
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Effect of working capital management practices onfinancial performance: A study of small scale enterprises in Kisii South District‚ KenyaSmall scale enterprises (SSEs) are acknowledged in Kenya as significant contributors to economic growth. Despite this‚ it is estimated that up to 40% of the start-ups fail by year 2 and at least 60% close their doors by year 4. Working capital management is credited as one of the causes of these failures. The purpose of this study was to assess the effect of
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