Working Capital Management Practices And Financial Performance : A Focus On Small Scale Enterprises In Kisii South District, Kenya

Language: English

Published by LAP LAMBERT Academic Publishing, 2014

3659510580 / 9783659510588

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - Small Scale Enterprises (SSEs) play a critical role in the creation of jobs and the promotion of an enterprise culture and are thus acknowledged as significant contributors to economic growth in a majority of developing economies. Despite their significance, past statistics indicate that 40% of the start-ups fail by year 2 and at least 60% close their doors by year 4. Also, recent studies have shown that up to 50% of those that continue to operate have a deteriorating performance and hardly evolve further than the 'small' level. Poor working capital management practices have been credited as one of the major cause of these failures. This book provides an empirical analysis of the working capital management practices of SSEs and demonstrates that increased efficiency in working capital management leads to higher financial performance hence emphasizes the need for SSEs to adopt efficient working capital management practices as a strategy to improve financial performance and survive in the uncertain business environment.

Seller Inventory # 9783659510588

Title
Working Capital Management Practices And Financial Performance : A Focus On Small Scale Enterprises In Kisii South District, Kenya
Author
Robert Nyamao Nyabwanga
Publisher
LAP LAMBERT Academic Publishing
Publication year
2014
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3659510580
ISBN 13
9783659510588
Item weight
161 grams
Dimensions
220x150x7 mm

AHA-BUCH GmbH

Einbeck, Germany

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