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Short-Term Sme Financing
Grzegorz Michalski Wroclaw University of Economics Wydawnictwo Uniwersytetu Marii Curie Sklodowskiej w Lublinie, 2005 Abstract: Small and Medium Enterprises finance in another way than larger firms. It is because intrinsic value of liquidity which in SME is on relatively higher level than in larger firms.
Keywords: Short-Run Financing, Small and Medium Enterprises, Demand for Cash, intrinsic value of liquidity, Cash balances, Risk, Uncertainty, Real Options, Option Value of Money, Short-Term Financial Management, Working Capital Management JEL Classifications: G39, G32, G11, M11, D81, O16, P33, P34 Accepted Paper SeriesDate posted: July 19, 2007 ; Last revised: July 19, 2007Suggested CitationContact Information
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