Empirical Relation between Liquidity Measures and Efficiency in Polish Nonprofit Organizations
12 Pages Posted: 25 Sep 2012
Date Written: September 24, 2012
Polish nonprofit organizations are important part of general social policy in Polish economy. They realize important aims in healthcare, in education and many other socially important areas. Considering efficiency of nonprofit organizations, should be remembered that from the donor perspective, is important the way the managing team uses resources of the nonprofit organization and if it is used in the most effective way. The nonprofit organization efficiency should be considered in the context of the risk. The one from the most important way to be out from business is the lack of the liquidity. In paper are considered relations between liquidity measures and efficiency measures. That relation is also illustrated for Polish nonprofit organizations data.
Keywords: financial liquidity, nonprofit organizations, efficiency of investments
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