The impact of working capital management on the performance of securities companies A case study in Vietnam

Abstract

Today, business managers always have to pay attention to working capital management activities, historical fact has proven the role of working capital, especially in the banking and finance industry, securities which have large corporations in the world such as Lehman Brothers, Bear Stearns...have large capital but are still insolvent and withdraw from the market. The problem for businesses (stock companies) is how to optimally manage working capital through the balance between profitability and liquidity. Therefore, research topics on working capital are always interested and special attention by scientists and business managers.