Skip to main content

Current Assets Policies of European Corporations: A Critical Examination

  • Chapter

Part of the book series: Journal of International Business ((MIR))

Abstract

This paper studies the current assets policies of selected European corporations and highlights the probable areas of strengths and weaknesses of European current assets practices and their economic implications for global competition.

We compare European corporations’ current assets practices with similar corporations in the United States and their European counterparts, and evaluate the comparative efficacy of the short-term working capital management policies.

An earlier version of the paper was presented at the Euro-Asia Management Studies Association meetings in Nürnberg, Germany, November 1993. The authors wish to thank the participants and the Editor of the Journal for constructive comments.

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Dyckman, T. R./Dukes, R. E./Davis, C. J., Intermediate Accounting, Richard D. Irwin, Inc., Homewood Illinois, 1992.

    Google Scholar 

  • Gentry, J. A./Mehta, D. R./Bhattacharyya, S. K./Cobbaut, R./Scaringella, J., An International Study of Management Perceptions of the Working Capital Process, Journal of International Business Studies, Spring 1979, pp. 28–38.Gentry, J. A./Vaidyanathan, R./Lee, H. W., A Weighted Cash Conversion Cycle, Financial Management, Spring 1990, pp. 90–99.

    Google Scholar 

  • Laumas, P. S./Williams, M., The Demand for Working Capital, Applied Economics, 16, 1984, pp. 791–798.

    Article  Google Scholar 

  • Madura, J./McCarty, D. E., Research Trends and Gaps in International Financial Management: A Note, Management International Review, 29(2), 1989, pp. 75–79.

    Google Scholar 

  • Richards, V. D./Laughlin, E. J., A Cash Conversion Cycle Approach to Liquidity Analysis, Financial Management, Spring 1980, pp. 32–38.

    Google Scholar 

  • Roll, R., Industrial Structure and the Comparative Behavior of International Stock Market Indexes, Journal of Finance, 46(1), March 1992, pp. 3–41.

    Article  Google Scholar 

  • Siegel, S., Non-Parametric Statistics for the Behavioral Sciences, McGraw-Hill, New York, 1956.

    Google Scholar 

  • Smith, K. ., State of the Art of Working Capital Management, Financial Management, Autumn 1973, pp. 50–55.

    Google Scholar 

  • Weston, F. J./Brigham, E. F., Essentials of Managerial Finance, 10 Edition, Dryden Press, Hinsdale, Illinois, 1993.

    Google Scholar 

Download references

Authors

Editor information

Brij N. Kumar

Rights and permissions

Reprints and permissions

Copyright information

© 1995 Springer Fachmedien Wiesbaden

About this chapter

Cite this chapter

Chang, CH., Dandapani, K., Prakash, A.J. (1995). Current Assets Policies of European Corporations: A Critical Examination. In: Kumar, B.N. (eds) Management and International Review. Journal of International Business. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-322-90985-5_8

Download citation

  • DOI: https://doi.org/10.1007/978-3-322-90985-5_8

  • Publisher Name: Gabler Verlag, Wiesbaden

  • Print ISBN: 978-3-409-13255-8

  • Online ISBN: 978-3-322-90985-5

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics