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Working Capital Management - Oxford Scholarship Online
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Working Capital Management

Lorenzo Preve and Virginia Sarria-Allende


Working capital management is one of the most important topics in corporate finance: it relates to the operating investment of a firm and the way managers choose to finance it. This topic, mostly ignored by academics for years, is now gaining importance as we realize that financial markets are not as efficient as they were assumed to be, especially as firms expand outside the developed economies. This book provides a general framework that helps to understand working capital in a comprehensive approach, linking operating decisions to their financial implications and to the overall business str ... More

Keywords: corporate finance, working capital management, financial needs for operation, financial analysis, cash management, trade credit policy, inventory policy, short‐term debt, financial distress, corporate strategy

Bibliographic Information

Print publication date: 2010 Print ISBN-13: 9780199737413
Published to Oxford Scholarship Online: May 2010 DOI:10.1093/acprof:oso/9780199737413.001.0001


Affiliations are at time of print publication.

Lorenzo Preve, author
IAE Business School - Universidad Austral, Argentina
Author Webpage

Virginia Sarria-Allende, author
IAE Business School - Universidad Austral, Argentina
Author Webpage