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Impact of COVID-19 exposure on working capital management: The moderating effect of investment opportunities and government incentives
This study examines the impact of the COVID-19 pandemic on firms’ working capital management (WCM) covering 2,542 US-publicly traded firms for the period 2019Q1–2021Q2. Proxying WCM as cash conversion cycle (CCC), I find that COVID-19-exposed firms operate with higher levels of CCC. I show that firm...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Elsevier Inc.
2022
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8721513/ https://www.ncbi.nlm.nih.gov/pubmed/35002552 http://dx.doi.org/10.1016/j.frl.2021.102666 |