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Cash Conversion Cycle in SMEs Analysis by Charlote Marcellano is a document available to read on EtoBox.

This document summarizes a research article about examining the determinants of the cash conversion cycle (CCC) for small and medium-sized firms. The researchers developed a partial adjustment model to analyze how 4076 Spanish SMEs adjusted their CCC levels over the period of 2001-2005. The study found that SMEs have a target CCC level and adjust quickly to it. Older firms and those with greater cash flows had higher CCC levels, while firms with more growth opportunities, higher leverage, greater investment

Author

Charlote Marcellano

Language

EN