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Factors Decreasing the Internal Value of the Liquidity

Wydawnictwo Akademii Ekonomicznej we Wroclawiu, 2004

12 Pages Posted: 16 Jul 2007  

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

Abstract

To set the optimal level of the financial liquidity in the firm, it is necessary to have the information about the internal value of the liquidity. The internal value of the liquidity in the firm is relative to level of the liquidity plus eight other factors. Three of them are decreasing internal value of liquidity. The article contains consideration concerning these factors and activities of the management of the firm resulting from the observations of the factors.

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

Suggested Citation

Michalski, Grzegorz, Factors Decreasing the Internal Value of the Liquidity. Available at SSRN: https://ssrn.com/abstract=1000741

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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