The Impact of Working Capital Management Policies

Management of working capital is an important component of corporate financial management because it directly affects the profitability and value of firms. This work was carried out with the objective to study the impact of financing policy on profitability and value of top ten Indian organization as ranked by “Fortune” magazine. Data for all these organization were extracted from the annual reports collected from the official websites of the selected organizations. The period of study was from 2004 to 2014.