Review of working capital management in emerging markets

Abstract

Here is a complete review of the practices that are found in emerging economies with regard to the management of working capital. Within the confines of this paper, this review is presented to the reader. This paper investigates the models that are responsible for outstanding management, as well as the theoretical framework of working capital management, the variables that impact the requirements for working capital, and the models that are responsible for good management. Additionally, the paper is concerned with the elements that influence the requirements for working capital. The Review highlights the unique challenges faced by firms in emerging markets and explores strategies to overcome these challenges. Comparative analysis with developed markets is conducted, and future directions for research and practice are suggested.