The Typical Levels of Liquidity Measures in Small Firms
Uwarunkowania rynkowe rozwoju mikro i malych przedsiebiorstw, ZNUS No. 458, EPU No. 10, pp. 278-285, A. Bielawska, Szczecin, 2007
11 Pages Posted: 23 Aug 2007
The correct liquidity management depends on owner knowledge about true level of liquidity. An object of the article they are static measures of the financial liquidity, and with their advantages and with defects. Liquidity measures for micro and small firms are higher than adequate measures for larger firms. Some researchers are ready to think that it is sufficient to tell that such micro and small firms characterizes good level of solvency. Article shows why such conclusion not always is safe.
Note: Downloadable PDF is in Polish language.
Keywords: Demand for Cash, Cash balances, Risk, Uncertainty, Real Options, Option Value of Money, Short-Term Financial Management, Working Capital Management
JEL Classification: G39, G32, G11, M11, D81, O16, P33, P34
Suggested Citation: Suggested Citation