Managers may sometimes be criticized for being overly conservative. If a firm does not borrow as much as it should, reach its optimal capital structure, and comment on the market forces that might pressure management to use more debt.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter18: The Management Of Accounts Receivable And Inventories
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Managers may sometimes be criticized for being overly conservative. If a firm
does not borrow as much as it should, reach its optimal capital structure, and
comment on the market forces that might pressure management to use more debt. 

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