The management of short-term decision-making in practice

The main aim of this thesis is to investigate the management of working capital in practice. The three-fold objectives are to: (i) address the issues surrounding the management of short-term assets and liabilities within the framework of working capital management, and investigate the various linkages between the key working capital variables using existing conceptual tools of finance (these links have not been tested using the empirical data as discussed below); (ii) identify the possible reasons why It is believed that little progress has been made in traditional short-term financial management performance measures and to review the modern methods of working capital management applied in practice; (iii) investigate the effect of global trading on working capital management policies This is an interesting area to explore as a natural extension to the main study. [Continues.]