مارس 10, 2020
Credit policy plays a vital role in the operational efficiency of credit departments as it reduces the ambiguity of credit departments' functions by giving clear guidelines and instructions. It also reduces the loan default and speeds up accounts receivable turnover. This paper seeks to evaluate the effect of credit policy on the profitability of pharmaceutical firms listed on the Bombay Stock Exchange (BSE), using a balanced panel data of 82 pharmaceutical firms from 2008 to 2017. The number o...
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