Yazarlar (2) |
![]() Kırşehir Ahi Evran Üniversitesi, Türkiye |
![]() Kırşehir Ahi Evran Üniversitesi, Türkiye |
Özet |
The core of corporate finance literature-paying relatively little attention to shortterm financial management-has traditionally focused on long-term financial management, offering studies about fixed investments, capital structure, dividends or firm valuation (Garcia-Teruel and Martinez-Solano, 2007; De Almeida and Eid, 2014). Though studies on long-term financial management date back to early 1990s, it can be said that modern short-term financial management studies have gained popularity over the past two decades.In the beginning of the 1970s, the pioneering studies on short-term financial management dealed with the management of interactions among the individual current assets and current liabilities by using accounting information in modelling or focusing on specific activities such as cash, accounts receivables and inventory management, and cash budgeting. Stone (1973; 1975; 1983)’s studies on the integration of cash and credit management, and banking systems in companies; papers of Shapiro (1973) and Schiff and Lieber (1974) on optimal inventory and credit management policies; and Bierman et al.(1975)’s article on the interaction between optimal working capital level and capital structure are among them. However, Gentry (1988) criticizes these early efforts that the knowledge created by them was not inter-related, based on only main financial statement information and far from developing a new theory. |
Anahtar Kelimeler |
Kitap Adı | Studies At The Crossroads of Management Economics |
Bölüm(ler) | Valuation Effect of Cash Conversion Cycle Panel Evidence From An Emerging Market |
Kitap Türü | Kitap Bölümü |
Kitap Alt Türü | Alanında uluslararası yayınlanan kitap bölümü |
Kitap Niteliği | Diğer uluslararası bilimsel kitap |
Kitap Dili | İngilizce |
Basım Tarihi | 01-2020 |
ISBN | 978-1-912503-92-6 |
Basıldığı Ülke | İngiltere Virjinya Adalar |
Basıldığı Şehir | London |