Wpływ otoczenia przedsiębiorstwa na wartość płynności finansowej

• Authors: Piotr K. Walewski

Title variants

EN

IMPACT OF BUSINESS ENVIRONMENT ON THE VALUE OF CORPORATE FINANCIAL LIQUIDITY

• Languages of publication: PL

Abstracts

EN

The article investigates one of the still unsolved problems in the theory of corporate finance – what is the value of financial liquidity and to what extent is it determined by external factors originating from the business environment. Based upon the conducted research there has been observed a relationship between the value of financial liquidity and phases of the economic cycle. Differences in the value of liquidity exist between businesses operating on markets with different development level. The research is a significant step towards a detailed analysis of how exogenous factors impact the value of corporate financial liquidity.

Keywords

EN

financial liquidity; corporate finance; value of liquidity; business environment; economic cycle

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2012
• Volume: 15
• Issue: 4(57)
• Pages: 120-127

Contributors

author

Piotr K. Walewski