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Financial Management in Micro and Small Enterprises and Globalisation Risk Analysis

Grzegorz Michalski
Wroclaw University of Economics



DYLEMATY TEORII I PRAKTYKI ZARZADZANIA: FINANSOWO -SPOLECZNE PROBLEMY ZARZADZANIA W MIKRO - I MAKROSKALI, M. Duczmal, T. Pokusa, ed., pp. 46-64, 2006

Abstract:     
Maximization of wealth of his owners is the basic financial aim in management of micro or small enterprise. Financial management which control globalisation risk contributes to realization this aim. Article presents accessible for micro and small enterprises methods which control risk in financial management decision making by micro and small firms.

Keywords: Demand for Liquidity, Liquidity balances, Risk, Uncertainty, Real Options, Option Value of Money, Long-Term Financial Management

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

Accepted Paper Series

Date posted: August 16, 2007 ; Last revised: August 16, 2007

Suggested Citation

Michalski, Grzegorz Marek, Financial Management in Micro and Small Enterprises and Globalisation Risk Analysis. DYLEMATY TEORII I PRAKTYKI ZARZADZANIA: FINANSOWO -SPOLECZNE PROBLEMY ZARZADZANIA W MIKRO - I MAKROSKALI, M. Duczmal, T. Pokusa, ed., pp. 46-64, 2006. Available at SSRN: http://ssrn.com/abstract=1007419


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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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