CREDIT RISK MANAGEMENT OF MANUFACTURING COMPANIES IN INDIA - Tapa blanda

V S, ABHILASH; G, RAJU

 
9786207998074: CREDIT RISK MANAGEMENT OF MANUFACTURING COMPANIES IN INDIA
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ISBN 10: 6207998073 ISBN 13: 9786207998074
Editorial: LAP LAMBERT Academic Publishing, 2024

Sinopsis

The manufacturing companies play a significant role in the development of an economy. The sales of manufactured product are the source of revenue of these companies. Like other companies, manufacturing companies try to maximise their sales in order to achieve the maximum profit and market share. Sales are of two types, cash sales and credit sales. Credit sales generate accounts receivables and sometimes they may be followed by default in payment result in credit risk. Credit risk adversely impacts the manufacturing companies in India by reducing their profits thereby threatening their survival. There is a need for effective credit risk management that helps to safeguards the financial health of manufacturing companies there by supporting sustainable business growth and development in the economy. Therefore, it is necessary to understand the prevalence and magnitude of credit risk, current risk management practices for formulating a model for effective credit risk management in Indian manufacturing companies.

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Editorial
LAP LAMBERT Academic Publishing
Año de publicación
2024
Idioma
Inglés
ISBN 10 
6207998073
ISBN 13 
9786207998074
Encuadernación
Tapa blanda
Número de páginas
324
Contacto del fabricante
no disponible
Persona responsable
no disponible