LITERATURE REVIEW ON WORKING CAPITAL MANAGEMENT.

In depth analysis tells that most in case research work is observed and focused mainly on two aspects, working capital on profitability of firm and working capital management.The chief issues with previous literature are lack of survey-based approach and lack of methodical theory advance study, which gives direction and idea for future research. The proposed future research direction is given in this paper may help to develop a better understanding of determinants and practices of working capital management.