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The Optimum Level of the Financial Liquidity in the Small and Middle Enterprises

Grzegorz Michalski

Wroclaw University of Economics

Wydawnictwo Uniwersytetu Szczecinskiego, 2005

Actually determining the value of liquidity is one of the unsolved problems in finance. Having information about value of liquidity in small and middle enterprises we can better tackle the problems of financial liquidity management can be rosolved thanks information about optimal level of liquidity in SME resulting from balancing intrinsic value of liquidity with external value of liquidity.

Number of Pages in PDF File: 12

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 Classification: G39, G32, G11, M11, D81, O16, P33, P34

Accepted Paper Series

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Date posted: July 19, 2007  

Suggested Citation

Michalski, Grzegorz, The Optimum Level of the Financial Liquidity in the Small and Middle Enterprises. Available at SSRN: http://ssrn.com/abstract=1000764

Contact Information

Grzegorz Marek Michalski (Contact Author)
Wroclaw University of Economics ( email )
Komandorska Street 118/120
Wroclaw, 53-345
Feedback to SSRN

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Citations:  2
Footnotes:  11

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