Loading...
Please wait, while we are loading the content...
Similar Documents
The Effect of Working Capital Management on Performance of Small Enterprises in Kenya
| Content Provider | Semantic Scholar |
|---|---|
| Author | Douglas, M. Wambugu, Hannah Wanjiku Maina, Mary |
| Copyright Year | 2018 |
| Abstract | Small and medium enterprises are vital driving forces towards economic promotion as they contribute to economic development of any country (Terziovski, 2010). According to Carson (2011) Small Enterprises are nurturing ground for entrepreneurship culture; provide employment and goods for export. Globally, the small and medium enterprises have had a great impact in the economic growth in various countries but face innumerable working capital management allied challenges. In Switzerland, the Small and Medium Enterprises segment accounts for 23% of the total employment and value addition of 25% representing about 4% of the business population (Nakos & Brouthers, 2017). Even so, the small enterprises have pitiable working capital management approaches principally in management of cash conversion cycle and trade payables. In European Union countries such as Norway, Cohen & Kaimenakis (2017) observed that Small Enterprises account for 99% of all the enterprises and about two thirds of the total employment. |
| Starting Page | 1 |
| Ending Page | 9 |
| Page Count | 9 |
| File Format | PDF HTM / HTML |
| DOI | 10.20431/2349-0349.0612001 |
| Volume Number | 6 |
| Alternate Webpage(s) | https://www.arcjournals.org/pdfs/ijmsr/v6-i12/1.pdf |
| Alternate Webpage(s) | https://doi.org/10.20431/2349-0349.0612001 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
