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...
Main Authors: | Rajesh Desai, Bhoomi Mehta |
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2024-02-01
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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 |
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