The newspapers were hardly getting used to the news being telecast on the television, when all of a sudden the advent of the internet brought a crucial blow to the newspaper industry. Most of the newspapers have not been able to withstand the onslaught of the internet and have been […]
Day: January 23, 2024
How Related Are Small Businesses and Existing Financial Management Theories and Concepts?
Sahlman (1983, 1990) refers to what he terms as ‘primitive rules’ in modern finance- more cash is preferred to less cash; cash sooner is preferred to cash later; and cash that is not risky is preferred to cash that is risky. Discussing these notions under a perfect market capital with […]