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Definition and Meaning Short-Term Financial Liquidity

Prace Naukowe Akademii Ekonomicznej we Wroclawiu, 2004

11 Pages Posted: 19 Jul 2007  

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

Abstract

Maximization of wealth of his owners is the basic financial aim in management of enterprise. Short-term financial liquidity management contributes to realization this aim. Article presents financial liquidity definitions, relations among them and its influence on enterprise's owner wealth.

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, Definition and Meaning Short-Term Financial Liquidity. Available at SSRN: https://ssrn.com/abstract=1000743

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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