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Growing Science » Accounting » Management of corporate cash: A Study on retail sector

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Accounting

ISSN 2369-7407 (Online) - ISSN 2369-7393 (Print)
Quarterly Publication
Volume 1 Issue 2 pp. 51-68 , 2015

Management of corporate cash: A Study on retail sector Pages 51-68 Right click to download the paper Download PDF

Authors: Somnath Das

DOI: 10.5267/j.ac.2015.12.003

Keywords: Cash Management, Cash Conversion Cycle, Cash Holding, Credit Score

Abstract: Cash is the life blood of the organizations and cash management is the important aspect of any organization. Corporate cash management boosts the companies from small to giant in the competitive environment. In this study we highlight three factors of a good cash management practices. Such factors are Cash Conversion Cycle (CCC), cash holding and credit score. Influence of one factor to other helps organizations manage their corporate cash in better way. In this study, we collect data from Capitaline corporate database of Mumbai, India over the period 2002-2011. Using some regression techniques, we observe that due to higher credit score companies forced to minimize their CCC and it helped to maintain lower level of working capital.

How to cite this paper
Das, S. (2015). Management of corporate cash: A Study on retail sector.Accounting, 1(2), 51-68.

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Journal: Accounting | Year: 2015 | Volume: 1 | Issue: 2 | Views: 2372 | Reviews: 0

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