Disappearing Working Capital: Implications for Accounting Research
This dissertation examines the implications of technological advances on the net working capital balance of U.S. firms over the past five decades. I find that the annual mean value of the net working capital balance of U.S. firms has sharply declined, from 28.9% of average total assets in the 1970s...
| Main Author: | |
|---|---|
| Language: | ENG |
| Published: |
The George Washington University
2020
|
| Subjects: | |
| Online Access: | http://pqdtopen.proquest.com/#viewpdf?dispub=27542571 |