Working Capital Management: Text and Cases

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The management of working capital is an important and time consuming aspect of managerial finance. Sufficient working capital must be provided in order to take care of the normal process of purchasing raw materials and supplies, turning out finished products, selling the products, waiting for payments to be made. If the original estimates of working capital are insufficient, some emergency measures must be restored to or the business will come to a dead stop. Inadequate levels of working capital can result in serious financial difficulties, and even bankruptcy; excessive levels are likely to reduce corporate profitability and ultimately cause the firm’s effectiveness and market value to decline. For the students of MBA/Commerce/Business Economics at various Universities/Institutes, Chartered Accountants, company Secretaries and other professional courses, the text is designed to fill the gap and also transmit some of the excitement of current thinking and controversy. The detailed knowledge gained by the reader should make him more conversant with the discipline and should provide a strong conceptual foundation.

ABOUT THE AUTHOR V.K. Bhalla

Dr. V.K. Bhalla is Professor of Finance at Faculty of Management Studies, University of Delhi. He has presented several research papers at national and international conferences, and has published articles on international finance, security analysis and portfolio management, and corporate finance. Currently he is the Convenor of the Management Panel of the University Grants Commission, and has worked on a number of UGC committees. He has been associated with the work ofFederation of Indian Chamber of Commerce and industry. Being a nominee director of a number of public limited companies, he has the vast experience of the corporate world.

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Bibliographic information

Title
Working Capital Management: Text and Cases
Author
Edition
7th ed.
Publisher
ISBN
8126113480
Length
xiii+856p., Tables; Figures; Index; 25cm.
Subjects