Working capital policy of newly incorporated firms

Purpose – The present study examines the initial working capital policy (WCP) and its evolution for newly established manufacturing firms. Design/methodology/approach – Using panel data of 162 firms over a period of 10 years, the study analyses the persistence-cum-convergence in WCP over the subsequ...

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Bibliographic Details
Main Authors: Rajesh Desai, Bhoomi Mehta
Format: Article
Language:English
Published: Emerald Publishing 2024-02-01
Series:AJAR (Asian Journal of Accounting Research)
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/AJAR-02-2022-0066/full/pdf