SSRN Home Search and Download Papers Browse Abstract and Paper Submission Subscribe to Networks View Briefcase Top Papers Top Authors Top Institutions

 

Abstract

 
 

Footnotes (22)

Beta

 


 



Relation Price to Book Value as Factor Shaping Internal Value of Liquidity

Grzegorz Michalski
Wroclaw University of Economics



Strategie i instrumenty Alokacji Kapitalu Finansowego, pp. 409-419, Lublin, 2004

Abstract:     
The basic financial purpose of an enterprise is maximization of its value. The key theme of this paper is Price/Book Value relation as factor shaping value of liquidity. This relation increase internal value of financial liquidity of the firm.

Keywords: Value of liquidity, Value based management, Liquidity measures, Demand for Liquidity, Liquidity balances, Risk, Uncertainty, Real Options, Option Value of Liquidity, Short-Term Financial Management, Working Capital Management

JEL Classifications: G39, G32, G11, M11, D81, O16, P33, P34

Accepted Paper Series

Date posted: July 19, 2007 ; Last revised: July 23, 2007

Suggested Citation

Michalski, Grzegorz Marek, Relation Price to Book Value as Factor Shaping Internal Value of Liquidity. Strategie i instrumenty Alokacji Kapitalu Finansowego, pp. 409-419, Lublin, 2004. Available at SSRN: http://ssrn.com/abstract=1000742


Export to: Export Citation What's this?

Contact Information

Grzegorz Marek Michalski (Contact Author)
Wroclaw University of Economics ( email )
Komandorska Street 118/120, p. Z-1, KFPiZW
Department of Corporate Finance & Value Management
Wroclaw , Lower Silesia 53-345
Poland
0048503452860 (Phone)
0048717181717 (Fax)
HOME PAGE: http://michalskig.ae.wroc.pl/
Feedback to SSRN (Beta)


Paper statistics
Abstract Views: 742
Downloads: 192
Download Rank: 46,788
Footnotes: 22

© 2010 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright
This page was served by apollo1 in 0.156 seconds.