营运资金管理外文文献翻译.pdf

: Enqvist, Julius, Michael Graham, and Jussi Nikkinen. The impact of  文献出处: Enqvist, Julius, Michael Graham, and Jussi Nikkinen. The impact of  文献出处 working capital management on firm profitability in different business cycles:  working capital management on firm profitability in different business cycles:  evidence from Finland.   32 (2014):  evidence from Finland.   32 (2014):  Research in International Business and Finance Research in International Business and Finance 36-49.  36-49.  原文 原文 The impact of working capital management on firm profitability The impact of working capital management on firm profitability in different business c cles: Evidence from Finland in different business c cles: Evidence from Finland 1. Introduction 1. Introduction This paper investigates the effect of the business cycle on the link between  This paper investigates the effect of the business cycle on the link between  working capital, the difference between current assets and current liabilities, and  working capital, the difference between current assets and current liabilities, and  corporate performance. Efficient working capital management is recognized as an  corporate performance. Efficient working capital management is recognized as an  important aspect of financial management practices in all organizational forms. In  important aspect of financial management practices in all organizational forms. In  acknowledgement of this importance, the CFO Magazine publishes an annual study of  acknowledgement of this importance, the CFO Magazine publishes an annual study of  corporate working capital management performance in many countries. The extensive  corporate working capital management performance in many countries. The