The Reasons Why the Industrial Firms Hold Financial Liquidity

Uniwersytet Szczecinski, Wydzial Nauk Ekonomicznych i Zarzadzania, pp. 91-99, 2003

11 Pages Posted: 14 Jul 2007  

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

Abstract

Industrial companies invest a lot of money to maintain their liquidity. The article present reasons for holding sufficient level of financial liquidity in an industrial firms. Proposition of article is based on information about value of liquidity.

Note: Downloadable document is in Polish.

Keywords: Demand for Liquidity, Liquidity balances, Risk, Uncertainty, Real Options, Option Value of Money, Short-Term Financial Management, Working Capital Management, Value of liquidity

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

Suggested Citation

Michalski, Grzegorz, The Reasons Why the Industrial Firms Hold Financial Liquidity. Available at SSRN: https://ssrn.com/abstract=1000698

Grzegorz Michalski (Contact Author)

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics ( email )

ul. Komandorska 118-120
Wroclaw, 53-345
Poland

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