OPTIMAL STRATEGY OF LIQUIDITY FINANCING FOR NON-PROFIT ORGANIZATIONS Cover Image
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OPTIMAL STRATEGY OF LIQUIDITY FINANCING FOR NON-PROFIT ORGANIZATIONS
OPTIMAL STRATEGY OF LIQUIDITY FINANCING FOR NON-PROFIT ORGANIZATIONS

Author(s): Grzegorz Michalski
Subject(s): Economy
Published by: Addleton Academic Publishers

Summary/Abstract: Independently of the kind of a realized mission, sensitivity on risk, which is a result of decision about liquidity financing policy, is on another level. The kind of non-profit organization influences the best strategy choice. If an exposition on liquidity strategy risk is greater, the more conservative will be the strategy. If the exposition on that risk is smaller, the more aggressive will be the net working capital strategy. The paper shows how decisions about liquidity strategy inflow the risk of the non-profit organizations and its economical results during realization of main mission.

  • Issue Year: 6/2011
  • Issue No: 1
  • Page Range: 1002-1011
  • Page Count: 10
  • Language: English