Firm Value and Net Current Assets Investments

14 Pages Posted: 11 Nov 2008

See all articles by Grzegorz Michalski

Grzegorz Michalski

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

Date Written: November 7, 2008

Abstract

Maximization of wealth of his owners is the basic financial aim in management of an enterprise. Decisions in net current assets investments should contribute to realization of this aim. Article presents the discussion about relations between firm's net current assets (working capital) investment policy and firms value.

Keywords: Current assets, firm value, operational risk

JEL Classification: M11, D81, O16, P33, P34

Suggested Citation

Michalski, Grzegorz and Michalski, Grzegorz, Firm Value and Net Current Assets Investments (November 7, 2008). Available at SSRN: https://ssrn.com/abstract=1299579 or http://dx.doi.org/10.2139/ssrn.1299579

Grzegorz Michalski (Contact Author)

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

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

Technical University in Košice (TUKE) ( email )

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Košice, 04200
Slovakia
+48791214963 (Phone)

HOME PAGE: http://michalskig.com/

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