Decreasing Negative the Delivery Risk Influence on the Recepient's Firm Value: Portfolio Approach

11 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 6, 2008

Abstract

The basic financial purpose of an enterprise is maximization of its value. Inventory management should also contribute to realization of this fundamental aim. The enterprise value maximization strategy is executed with a focus on risk and uncertainty. This article presents the consequences for the recipients firm that can result from operating risk that is related to delivery risk generated by the suppliers. The present article offers a method that uses portfolio management theory to chose the suppliers.

Keywords: Corporate liquidity, firm value, delivery risk

JEL Classification: G39, G32, G11, M11, D81

Suggested Citation

Michalski, Grzegorz and Michalski, Grzegorz, Decreasing Negative the Delivery Risk Influence on the Recepient's Firm Value: Portfolio Approach (November 6, 2008). Available at SSRN: https://ssrn.com/abstract=1299589 or http://dx.doi.org/10.2139/ssrn.1299589

Grzegorz Michalski (Contact Author)

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

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Technical University in Košice (TUKE) ( email )

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