期刊名称:International Journal of Applied Management and Technology
出版年度:2021
卷号:20
期号:1
页码:3-21
DOI:10.5590/IJAMT.2021.20.1.03
出版社:Walden University
摘要:More than 50% of business failures in the United States are because of leaders’ inability to manage working capital. This qualitative, multiple case study is grounded in the cash conversion cycle theory. The purpose is to explore the strategies bank leaders have used to improve working capital management in three banks in Kentucky to increase bank profitability and improve financial stability. Data were collected using semistructured interviews with three different banking leaders who have implemented successful working capital strategies. Using methodological triangulation and Yin’s five-step data analysis resulted: (a) risk and liquidity, (b) top-down approach, and (c) investment approach. The findings from this study include strategies for improving the use of working capital, leading to business profitability and increases in employment opportunities.
关键词:working capital management; cash conversation cycle; profitability; banking industry