Cash & Working Capital

For many MNCs, an emphasis on effective management of working capital has translated into renewed urgency in rationalizing liquidity structures. (Editor’s Note—Original publication date: June 16, 2003) The tight credit market—combined with general economic weakness—has forced a strong focus on cash and liquidity management for both cash-rich and cash-poor companies. As the ability to generate cash (or borrow it) has declined, MNCs report an increased need to have a clear view of their cash position globally. Visibility, however, is not…