
The survey, which saw 50 corporations interviewed in depth, shows that risk-averse strategies adopted during the financial crisis have become the norm, with the overwhelming majority of companies in the US and Asia saying their top working capital priority is liquidity preservation.
The list of priorities for all firms in the survey was topped by three concerns: Mitigating counterparty risk from banks, suppliers and vendors; guarding against future funding disruptions by maximising liquidity; and protecting cash balances from market fluctuations by focusing on capital preservation in their short-term investments.
Sources: http://www.greenwich.com/ ; http://www.rbs.co.uk/corporate/insight/g4/perspectives/working-capital.ashx

rbs-working-capital-management.pdf |