Review on Working Capital Management

Abstract

The review of literature guides the researcher for getting better understanding of methodology used, limitations of various available estimation procedures and database, and lucid interpretation and reconciliation of the conflicting results. Besides this, the review of empirical studies explore the avenue for future and present research efforts related to the subjects matter. In case of conflicting and unexpected results, the research can take the advantages of knowledge of their researchers simply through the medium of their published works. A number of research studies have been carried out on different aspects of financial appraisal by the researchers, economists and academicians in India and abroad. Different author have analyzed working Capital and financial performance in different perspectives. A review of these analyses is important in order to develop an approach that can be employed in the context of the study of textiles industry.