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Author

Rooman Arshad Malhi

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Open access Sep 2026

WORKING CAPITAL AND FINANCIAL DISTRESS: THE ROLES OF CORPORATE LIFE CYCLE AND ECONOMIC DEVELOPMENT

The study explores the potential of non-linearity between working-capital policy and corporate financial health and investigates if it changes throughout the corporate life cycle stages and in different institutional environments. This study uses a sample of 25,258 listed non-financial, non-utility firms in 134 economi...

Rooman Arshad Malhi, Muhammad Ashraf, Ahmad Ghazali · 0 citations

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