Keywords: Working capital management
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Journal Articles

Does financial flexibility affect profitability and working capital management in small and medium enterprises: evidence from Central and Eastern Europe

Jacek Jaworski, Leszek Czerwonka
Journal: Central European Management Journal
Central European Management Journal 1–18.
https://doi.org/10.1108/CEMJ-01-2026-0005
Published: 24 August 2026
...Jacek Jaworski; Leszek Czerwonka Purpose This study aims to identify the relationship between the financial flexibility of small and medium-sized enterprises (SMEs) and their profitability and working capital management. Design/methodology/approach The empirical study is based on a statistical...
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