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Definition and Meaning Short-Term Financial Liquidity

Grzegorz Michalski
Wroclaw University of Economics



Prace Naukowe Akademii Ekonomicznej we Wroclawiu, 2004

Abstract:     
Maximization of wealth of his owners is the basic financial aim in management of enterprise. Short-term financial liquidity management contributes to realization this aim. Article presents financial liquidity definitions, relations among them and its influence on enterprise's owner wealth.

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 19, 2007

Suggested Citation

Michalski, Grzegorz Marek, Definition and Meaning Short-Term Financial Liquidity. Available at SSRN: http://ssrn.com/abstract=1000743


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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/
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