Article
Детерминанты оборотного капитала в концепции жизненного цикла организации
The research consists of defining the most suitable determinants of working capital for Russian companies and of testing these determinants on different life cycle stages that helps to optimize the working capital of companies, thereby improving their operational result. Research was conducted on Russian companies’ performance indicators of 2004-2013. Some determinants that appeared to be significant on developing markets, such as financial leverage, profitability, size and age of the organization were tested in the study.