Working Capital Management (Financial Management Association Survey and Synthesis)

Working Capital Management provides a general framework that will help managers understand working capital using a comprehensive approach that links operating decisions to their financial implications and to the overall business strategy. It will also help managers to gain a better understanding of the key drivers to profitability and value creation.

Lorenzo Preve is an associate professor at IAE Business School at Universidad Austral in Buenos Aires, Argentina. His main research interests are in corporate finance, with a special emphasis in corporate risk management, working capital management, restructuring, and financial distress, as well as applications of corporate finance to emerging markets.

Virginia Sarria-Allende is an associate professor at IAE Business School at Universidad Austral in Buenos Aires, Argentina. Her research involves all corporate finance applications, such as cost of capital, corporate valuation, working capital management, corporate restructuring, with special focus in emerging markets.