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Working Capital Management in a Post-Recession Environment: The View from Asia

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Accounting > Working Capital

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Abstract:
In this research--conducted in conjunction with similar surveys in Europe and the United States--finance executives in the Asia-Pacific region reveal that they are especially concerned with maintaining liquidity in the aftermath of recession, and they emphasize employing working capital to better support their operations. To do so, they place a priority on improving connections with other parties, such as process outsourcing providers and technology vendors. But they also suggest that they may be re-examining historical banking relationships, developing closer ties with local financial institutions in particular.

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