Cash Levels and its Role in Full Operating Cycle Enterprises: 2005-2013 Czech, Slovak, Hungarian and Polish Enterprises Case
Cash Levels and its Role in Full Operating Cycle Enterprises: 2005-2013 Czech, Slovak, Hungarian and Polish Enterprises Case

Author(s): Grzegorz Michalski, Emilia Brożyna, Joanna Soroczynska
Subject(s): Business Economy / Management, Comparative politics, Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: cash management; financial liquidity; risk sensitivity; full operating cycle; European financial systems;
Summary/Abstract: The main purpose of the paper is a scientific discussion about the influence of risk and uncertainty on cash levels in enterprises in the context of their innovative economic policy realized in their specific economic environment. The aim of the study is to determine the rules governing the modern cash management in V4 enterprises with a full operating cycle with particular emphasis on economic environmental conditions influencing enterprises.

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