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What is Working Capital Policies in New Firms about?

This study investigates the working capital policy (WCP) of newly incorporated manufacturing firms in India, analyzing data from 162 firms over ten years. It finds that firms tend to maintain their initial WCP, with those adopting aggressive policies experiencing higher growth compared to conservative ones. The research contributes to understanding WCP dynamics in emerging economies, highlighting its impact on liquidity management and firm growth.

Author

asif hussain 1979

Language

EN