Risk management in working capital policies and the cash conversion cycle anomaly
Australian Journal of Management
Published online on July 11, 2026
Abstract
Australian Journal of Management, Ahead of Print.
This study aims to explore whether risk-taking in working capital management can explain the cash conversion cycle (CCC) anomaly documented in recent literature. By examining a dataset comprising non-financial US firms spanning from 1986 to 2022, this ...
This study aims to explore whether risk-taking in working capital management can explain the cash conversion cycle (CCC) anomaly documented in recent literature. By examining a dataset comprising non-financial US firms spanning from 1986 to 2022, this ...