Review Of Literature Of Working Capital Management

To learn more or modify/prevent the use of cookies, see our Cookie Policy and Privacy Policy.The fixed and the current assets play a vital role in the success of any company.By continuing to use this site, you consent to the use of cookies.We use cookies to offer you a better experience, personalize content, tailor advertising, provide social media features, and better understand the use of our services.Design/methodology/approach - – Using systematic literature review (SLR) method, the present study reviews 126 articles from referred journal and international conferences published on WCM.Findings - – Detailed content analysis reveals that most of the research work is empirical and focuses mainly on two aspects, impact of working capital on profitability of firm and working capital practices.Originality/value - – This paper contains a comprehensive listing of publications on the WCM and their classification according to various attributes.The paper will be useful to researchers, finance professionals and others concerned with WCM to understand the importance of WCM.

Till date, literature on classification of WCM has been almost non-existent.

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6, issue 2, 173-197 Abstract: Purpose - – The purpose of this paper is to review research on working capital management (WCM) and to identify gaps in the current body of knowledge, which justify future research directions.

WCM has attracted serious research attention in the recent past, especially after the financial crisis of 2008.

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