Analysis of the Role of Working Capital and Cash Flow in Management of Limited Liability Companies
Czestochowa University of Technology - Faculty of Management
December 1, 2010
MODERN COMPANY MANAGEMENT, pp. 40-51, I. Otola, ed., WZPCzęst, 2010
A fundamental goal of this study is theoretical and empirical analysis of the role played by working capital and cash flow in effective management of companies. A generally accepted strategic long-term aim of companies is to maximize their market value, whereas a fundamental goal of short-term activities involves decision-making which implies maintaining current financial liquidity of the entity. It can be assumed that decisions connected with maintaining financial liquidity relate to managing current components of company’s property (accounts receivable, inventory and cash funds) as well as managing its current liabilities.
Number of Pages in PDF File: 17
Keywords: working capital, cash flowAccepted Paper Series
Date posted: May 17, 2011
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