Company value : working capital and the cash conversion cycle investigated / M.T.S. le Roux
The primary objective of any corporation should be shareholder wealth maximisation. A firm's working capital policies have an effect on the firm's expected future returns and the risk associated with the returns, which ultimately have an impact on shareholder wealth. Efficient working c...
Main Author: | |
---|---|
Published: |
North-West University
2011
|
Subjects: | |
Online Access: | http://hdl.handle.net/10394/4026 |