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Furthermore, the findings suggest that working capital management is also strategic as it impact on the liquidity, solvency/bankruptcy, efficiency, profitability and shareholder wealth maximization of the business.
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However given the theory of working capital management, there may be room for improvement regarding the strategies, tactics and techniques used to manage these components.
The main findings indicate that businesses in New Zealand consider working capital management an important issue, yet a large group of respondents ignored the survey.
Doctoral Thesis On Working Capital Management
Third, much of the main work undertaken around social capital has failed to properly address the gender dimension of social capital. As we saw in the work of Skocpol (2003), Bookman (2004) and others, the way in which women engage and create local networks, and have to manage caring often falls beneath the radar of social capital researchers and theorists. To give him his due, Putnam does address gender in terms of changing patterns of local involvement – but does not theorize it substantially, nor does he really connect with the sorts of concerns that Bookman has been subsequently voicing around the way in which we think about networks of caring, for example.
It is evident from the results of the study that the purpose and function of working capital are not clearly and sufficiently recognized, and that it is quite likely that deficiencies and insufficiencies in the management of working capital in New Zealand may be revealed by further empirical research.
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Master Thesis On Working Capital Management
While we can see that there have been some significant changes in the ways that people engage with local institutions and networks, we need, thus, to be careful of arguing for an overall decline. There may well have been a movement, as Skocpol (2003) put it, away from active membership toward professionalization and management in civic life. There may also have been a decline in involvement in local associations and groups, and in national membership organizations and fellowship groups – but whether this adds up to a significant diminution in social capital s another matter. At present, the balance of evidence as far as the USA, UK and other Anglo-Saxon countries, as well as France, are concerned is that there has been a broadly similar decline (Halpern 2009b). In other countries, such as in Scandinavia, trust levels have remained relatively high and even increased. As Bo Rothstein (1998) has argued, this can in part be explained by differing moral and political logics in societies. Thus, while in the USA and UK there has been a significant shift towards privatisation and individualism, this can be contrasted with a less egotistic and more mutual or ‘solidaristic individualism’ in some societies (ibid.: 199. See, also, Rothstein 2005).
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When writing a paper on working capital management, it is best if you leave the introduction for the end and pen that section along with the conclusion. This will ensure that your paper ties together nicely and will score you more brownie points.
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Working capital management involves the strategy employed by a company to manage their accounts. Students of finance who study this branch tend to find it interesting due to the untapped potential of the subject and its impact on modern economy. However, when they have to write an entire doctoral thesis on working capital management, the prospect seems less joyous since it involves transforming years of research into a coherent body of work.
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Given the relative infancy of the application of social capital to organizational life there is little sustained or substantial research that can support attention to the notion within organizations. It certainly isn’t key to success .: 11), but it is part of the fabric of organizational life – and the need to engage with it is, arguably, growing. The increasing complexity of organizations and the scale of informational activity; globalization; external and internal volatility; and what Cohen and Prusak (2001: 155-181) call ‘the challenge of virtuality’ (work carried out over a distance of time and space) all contribute here.
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