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In this study, the authors examined how corporate governance affected working capital management in India’s energy sector, using panel data from seven NSE-listed firms during 2013–2022. The findings proved multiple directorships, ROA, and sales growth improved working capital efficiency, and higher ROA and growth were associated with shorter cash conversion cycles, while other board features showed insignificant effects.

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This page is a summary of: A study on the impact of corporate governance on working capital management, International Journal of Indian Culture and Business Management, January 2025, Inderscience Publishers,
DOI: 10.1504/ijicbm.2025.148413.
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