Financial Management in Micro and Small Enterprises and Globalisation Risk Analysis

Michalski, Grzegorz

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

21 Pages Posted: 16 Aug 2007

See all articles by Grzegorz Michalski

Grzegorz Michalski

Technical University in Košice (TUKE); Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

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

Suggested Citation: Suggested Citation

Michalski, Grzegorz and Michalski, Grzegorz, 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: https://ssrn.com/abstract=1007419