Managerial Finance


Accounting and Finance

Table Of Contents: Volume 10 Issue 2

Cash Management Policies for Alternative Objectives: Profit Versus ROI Maximization

John D. Stowe, Manchunath Vadakkepat, Todd Willoughby

While shareholder wealth maximization is accepted by finance theoreticians as the financial goal of the firm, the implementation of this goal is not simple. There can be…

Changes in the Prompt‐Payment Discount during Inflation

Peyton Foster Roden

The prompt‐payment discount offered by a company is an important determinant of its investment in accounts receivable. During inflation, this discount must be increased in…

Credit Investigation Policy and Management Planning

Arnell D. Johnson, John D. Stowe

The selection of the optimal credit investigation policy is a sequential decision problem that Mehta solved using decision tree analysis. This paper explores the…

Estimating Financing Costs in Managing Inventory Positions at Large Corporations: Practice and Implications

Donald R. Fraser, Norman Gaither

In estimating desired inventory holdings business organizations must use some estimate of their cost of funds. While conceptually the overall or weighted average cost of…

Working Capital Management and The Management of Foreign Exchange Risk

Kerry Cooper

As is true for all areas of financial management, working capital management is more complex for the multinational corporation (MNC) than for firms engaged in only…



Online date, start – end:


Copyright Holder:

Emerald Publishing Limited

Open access:



  • Professor Don Johnson