Firm Value and Net Current Assets Investments
14 Pages Posted: 11 Nov 2008
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: 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
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