Value-Based Working Capital Management [electronic resource] : Determining Liquid Asset Levels in Entrepreneurial Environments /
Michalski, G.author.
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.
Description based upon print version of record.
Cover; Title; Copyright; Contents; List of Figures; List of Tables; List of Equations; Acknowledgments; Introduction; 1 Working Capital Management in the Business Context; 2 Understanding and Measuring Financial Liquidity Levels; Financial liquidity definition and liquidity-level measurements; 2.1. Short-term and long-term financial decisions: A perspective in context of strategic and tactical decisions; 2.2. Measuring the level of financial enterprise liquidity; 3 Intrinsic and External Values of Liquidity and Optimization; Reasons to maintain liquid assets in the enterprise
Different ways to recognize the value of liquidityDeterminants of net working capital levels; 4 Net Working Capital Management Strategies; Working capital value-based management models; Value-based inventory management in enterprises; The value-creating essence of accounts receivables; Cash-management models in enterprises and firm value creation; Conclusion; Bibliography; Index
Includes bibliographical references and index.
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.
Business enterprises—Finance.
Accounting.
Bookkeeping .
Entrepreneurship.
Investment banking.
Securities.
Economics.
Management science.
Risk management.
Business Finance.
Accounting/Auditing.
Entrepreneurship.
Investments and Securities.
Economics, general.
Risk Management.