Abstract:PurposeThis study examines investigating the relationship between cash flows, working capital ratios and firm performance during the global financial crisis.Design/methodology/approachTo examine the relationship between cash flow, working capital ratios and firm performance for EU-28 or Western European Countries (Norway, Turkey and Switzerland) listed firms, both panel and ordinary least squares (OLS) regression model are used to analyze the data obtained from sample.FindingsThe study empirical findings sugge… Show more
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