Por favor, use este identificador para citar o enlazar este ítem:
https://doi.org/10.1177/2340944420941464
Twittear
| Título: | Net operating working capital and firm value: a cross-country analysis |
| Fecha de publicación: | 28-jul-2020 |
| Editorial: | SAGE Publications |
| Cita bibliográfica: | Business Research Quarterly, vol. 23(3), pp 234-251. 2020. |
| ISSN: | 2340-9444 |
| Palabras clave: | Net operatingworking capital Market value Investor protection Financial development Economic development |
| Resumen: | Here we use a sample of firms from 30 countries during the period 1995-2013 to examine the relationship between net operating working capital (NWC) and firm value. Specifically, we show that the value of NWC varies across countries and that it depends on both investor protection and a country’s financial and economic development. Our findings imply that shareholders value NWC more in countries with strong enforcement of investor rights, and greater financial and economic development. |
| Autor/es principal/es: | Baños Caballero, Sonia García Teruel, Pedro Juan Martínez Solano, Pedro |
| Facultad/Departamentos/Servicios: | Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Economía Financiera y Contabilidad |
| Versión del editor: | https://journals.sagepub.com/doi/full/10.1177/2340944420941464 |
| URI: | http://hdl.handle.net/10201/136781 |
| DOI: | https://doi.org/10.1177/2340944420941464 |
| Tipo de documento: | info:eu-repo/semantics/article |
| Número páginas / Extensión: | 17 |
| Derechos: | info:eu-repo/semantics/openAccess |
| Descripción: | © 2020. The authors. This document is made available under the CC-BY 4.0 license http://creativecommons.org/licenses/by /4.0/ This document is the published version of a published Work that appeared in final form in Nature Comminications. To access the final edited and published work see https://doi.org/10.1177/2340944420941464 |
| Matería temporal: | 1995-2013 |
| Aparece en las colecciones: | Artículos: Organización de Empresas y Finanzas |
Ficheros en este ítem:
| Fichero | Descripción | Tamaño | Formato | |
|---|---|---|---|---|
| Net operating working...pdf | 756,11 kB | Adobe PDF |  Visualizar/Abrir |
Este ítem está sujeto a una licencia Creative Commons Licencia Creative Commons
