Working capital management: a review of performance measurement and its drivers

  • Christian Faden
Part of the Schriften zum europäischen Management book series (SEM)


Researchers in the field of corporate finance have traditionally focused on long-term financial decisions. Pioneering and widely accepted research has been conducted in areas such as investment decisions, firms' capital structure and business valuations. At the same time, however, academic literature has neglected the management of current assets and liabilities, a concept subsumed under the term working capital management (WCM). There are various reasons why WCM attracts only peripheral interest.


Supply Chain Cash Flow Firm Performance Cash Holding Supply Chain Performance 
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Copyright information

© Springer Fachmedien Wiesbaden 2014

Authors and Affiliations

  • Christian Faden
    • 1
  1. 1.Universität HohenheimStuttgartGermany

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