Theoretical Literature Review Pecking Order Theory Finance Essay
The purpose of this chapter is to give an introduction to this study and an explanation why the research was being done. First it reviews literature on Small and Medium Sized Enterprises. Thereafter, it also discusses the nature and importance of working capital as well as strategies used in management of working capital. Finally, it analyzes information on the challenges facing SMEs in management of working capital all over the world. The Pecking Order Theory takes into consideration the information […]