Credit Control Practices in Selected Botswana Enterprises: An Empirical Study.
AbstractCredit control is an important aspect of Working Capital Management. A firm that fails to give proper attention to its credit control practices will soon find itself in serious liquidity problems. It is worth noting that liquidity problems have been identified as the major factor contributing, towards corporate failure. The high level of inflation in Botswana calls for immediate attention to be given to this vital area of Working Capital Management. This paper reports on the results of an empirical study on Credit Control Practices of selected business enterprises in Botswana for the period 1991-1995.
African Journal of Finance and Management Vol.7(2) 1999:59-71