THE INFLUENCE OF THE CHOICE OF INVESTMENT STRATEGY IN CURRENT ASSETS ON THE COST OF CAPITAL AND ON THE VALUE OF ENTERPRISE (Wplyw wyboru strategii inwestowania w aktywa biezace na koszt kapitalu i na wartosc przedsiebiorstwa)

• Authors: Michalski Grzegorz
• Languages of publication: PL

Abstracts

EN

A firm choosing among various solutions in working capital needs to decide what level of risk is acceptable for its owners and capital suppliers. That choice results in financial consequences, especially in the cost level. In this paper we consider the relation between risk and expected benefits from the working capital decision and its results on financing costs for the firm. The paper discusses a relation between the choice of strategy of investment in current assets and the results of that choice on the growth of firm value.

Keywords

EN

CURRENT ASSETS; LIQUIDITY MANAGEMENT; RISK

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
• Journal: Econometrics. Ekonometria. Advances in Applied Data Analytics
• Year: 2011
• Issue: 30 (Zastosowania metod ilościowych)
• Pages: 130-142
• Document type: ARTICLE

Contributors

author

Michalski Grzegorz

• Grzegorz Michalski, Uniwersytet Ekonomiczny we Wroclawiu, Katedra Finansow Przedsiebiorstwa i Zarzadzania Wartoscia, ul. Komandorska 118/120, 53-345 Wroclaw, Poland

Identifiers

CEJSH db identifier

11PLAAAA107823