Abstract—As a main part of financial management, working capital management shows its importance to the enterprise's development. This paper constructs a management system based on the modifying cycle of working capital management performance. Especially, the system includes five elements, they are management goal, business environment, management policy, management mode and management performance. This study aims to offer a theoretical reference for working capital management practices and future researches.
Index Terms—Working capital, performance management, management system.
M. Jingmeng is with the Business School, Hunan University, Changsha , China 410079 (email: email@example.com).
Cite: Mao Jingmeng, "A Study on Working Capital Management System based on Performance,"International Journal of Innovation, Management and Technology vol. 4, no. 1, pp. 100-103, 2013.