Chapter 13: Corporate Capital Management

In this section

• Working Capital Strategy
  Learn the essentials of managing corporate liquidity with strategic working capital approaches, analyzing liquidity metrics, and optimizing the cash conversion cycle.
• Financing Short-Term Obligations
  Explore spontaneous and negotiated short-term financing options, including trade credit, lines of credit, commercial paper, and factoring, with cost, risk, and scenario analyses.
• Portfolio Approach to Corporate Liquidity
  Learn how to view corporate liquidity as a dynamic portfolio of cash and short-term investments, segmented to balance operational needs, reserve contingencies, and strategic growth opportunities.
• Impact of Operating Cycles on Leverage
  Explore how operating cycles shape leverage decisions in corporate capital management. Learn how cyclical revenue, working capital needs, and risk factors drive short-term and long-term financing strategies.
• Vignette: Working Capital Management
  Explore practical strategies for optimizing working capital in a mid-size manufacturing firm scenario, focusing on liquidity, short-term financing, and real-world analysis.