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Full-Text Articles in Business
The Free Cash Flow And Corporate Returns, Sen Na
The Free Cash Flow And Corporate Returns, Sen Na
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
Mcpherson (2018) and Jose, Lancaster, Stevens (1996) have written papers to examine the relationship between liquidity management and firm profitability. The literature establishes that the cash conversion cycle has an implication for the profitability and liquidity of a firm. We extend the time period and analyze the free cash flow instead of cash conversion cycle. We provide evidence that firms with higher free cash flows have higher risk adjusted stock returns.
A Different Perspective On The Debate Between Nonprofit And For-Profit Microfinance Organizations, Hane E. De Oliveira Crevelari
A Different Perspective On The Debate Between Nonprofit And For-Profit Microfinance Organizations, Hane E. De Oliveira Crevelari
Undergraduate Honors Capstone Projects
Microfinance for-profit organizations flooded the market in the early 2000's when microcredit demonstrated profitability. Ever since, an intense debate arose contesting the morality of profiting from the poor. Many for-profit microfinance institutions were accused of predatory lending through high interest rates and aggressive marketing and payment collection. In this paper, I examine the validity of the arguments for and against for-profits by extensively comparing the different target audiences of the charity sector and the private sector and the main arguments of each side. I conclude that, although the ability to serve the poor is compromised by profit motives, for-profit microfinance …