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Export reference: Persistent link: https://Econ Papers.repec.org/Re PEc:eme:qrfmpp:v:6:y:2014:i:2:p:173-197 Ordering information: This journal article can be ordered from Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK ... id=qrfm Access Statistics for this article Qualitative Research in Financial Markets is currently edited by Professor Bruce M.
The future research directions proposed in this paper may help develop a greater understanding of determinants and practices of WCM.
Practical implications - – Till date, literature on classification of WCM has been almost non-existent.
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Harsh Pratap Singh and Satish Kumar Qualitative Research in Financial Markets, 2014, vol.In depth analysis tells that most in case research work is observed and focused mainly on two aspects, working capital on profitability of firm and working capital management.The chief issues with previous literature are lack of survey-based approach and lack of methodical theory advance study, which gives direction and idea for future research.Detailed content analysis reveals that most of the research work is empirical and focuses mainly on two aspects, impact of working capital on profitability of firm and working capital practices.Till date, literature on classification of WCM has been almost non-existent.Design/methodology/approach - – Using systematic literature review (SLR) method, the present study reviews 126 articles from referred journal and international conferences published on WCM.Findings - – Detailed content analysis reveals that most of the research work is empirical and focuses mainly on two aspects, impact of working capital on profitability of firm and working capital practices.Major research work has concluded that WCM is essential for corporate profitability.The major issues with prior literature are lack of survey-based approach and lack of systematic theory development study, which opens all new areas for future research.6, issue 2, 173-197 Abstract: Purpose - – The purpose of this paper is to review research on working capital management (WCM) and to identify gaps in the current body of knowledge, which justify future research directions.WCM has attracted serious research attention in the recent past, especially after the financial crisis of 2008.