Michalski Value-Based Working Capital Management

Determining Liquid Asset Levels in Entrepreneurial Environments
1. Auflage 2014
ISBN: 978-1-137-39183-4
Verlag: Palgrave Macmillan US
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 181 Seiten

Reihe: Palgrave Economics & Finance Collection

Value-Based Working Capital Management analyzes the causes and effects of improper cash flow management between entrepreneurial organizations with varying levels of risk. This work looks at the motives and criteria for decision-making by entrepreneurs in their efforts to protect the financial security of their businesses and manage financial liquidity. Michalski argues that businesses exposed to greater risk need a different approach to managing liquidity levels.

Zielgruppe

Research

Autoren/Hrsg.

Michalski, G.

Inhaltsverzeichnis

Introduction 1. Working Capital Management in Context 2. Understanding and Measuring Financial Liquidity Levels 3. Intrinsic and External Values of Liquidity and Optimization 4. Net Working Capital Management Strategies Conclusion Conclusion

Über Autor(innen)

Grzegorz M. Michalski is Assistant Professor of Corporate Finance in the Institute of Financial Management's Department of Corporate Finance and Value Management at Wroclaw University of Economics, Poland.