Buchcover von Working Capital Management Practices And Financial Performance
Buchtitel:

Working Capital Management Practices And Financial Performance

A Focus On Small Scale Enterprises In Kisii South District, Kenya

LAP LAMBERT Academic Publishing (29.01.2014 )

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ISBN-13:

978-3-659-51058-8

ISBN-10:
3659510580
EAN:
9783659510588
Buchsprache:
Englisch
Klappentext:
Small Scale Enterprises (SSEs) play a critical role in the creation of jobs and the promotion of an enterprise culture and are thus acknowledged as significant contributors to economic growth in a majority of developing economies. Despite their significance, past statistics indicate that 40% of the start-ups fail by year 2 and at least 60% close their doors by year 4. Also, recent studies have shown that up to 50% of those that continue to operate have a deteriorating performance and hardly evolve further than the ‘small’ level. Poor working capital management practices have been credited as one of the major cause of these failures. This book provides an empirical analysis of the working capital management practices of SSEs and demonstrates that increased efficiency in working capital management leads to higher financial performance hence emphasizes the need for SSEs to adopt efficient working capital management practices as a strategy to improve financial performance and survive in the uncertain business environment
Verlag:
LAP LAMBERT Academic Publishing
Webseite:
https://www.lap-publishing.com/
von (Autor):
Robert Nyamao Nyabwanga
Seitenanzahl:
96
Veröffentlicht am:
29.01.2014
Lagerbestand:
Lieferbar
Kategorie:
Betriebswirtschaft
Preis:
54,90 €
Stichworte:
Inventory Management, working capital management, Financial Peformance, debtors' management, cash management

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