Cash Management of SMEs: Challenges and Remedies an Empirical Study of SMEs in North Bengal

Authors

  • Dipen Roy Professor Department of Commerce University of North Bengal, Siliguri
  • Pawan Prasad Research Scholar Department of Commerce University of North Bengal, Siliguri

DOI:

https://doi.org/10.33516/maj.v58i11.44-48p

Keywords:

No Keywords.

Abstract

Efficient cash management is essential for the survival of the SMEs. This study, based on a sample of thirty-nine SMEs in North Bengal, reflects that risk factors and precautionary needs dominantly induce SMEs to hold abnormally high cash balances. The authors note the presence of abnormal difference between receipts and payments and recommend the use of cash budgeting to eliminate the risks of payment failure and idle cash.

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Published

2024-03-15

How to Cite

Roy, D., & Prasad, P. (2024). Cash Management of SMEs: Challenges and Remedies an Empirical Study of SMEs in North Bengal. The Management Accountant Journal, 58(11), 44–48. https://doi.org/10.33516/maj.v58i11.44-48p

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References

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