The effect of financial management habits on operating capital. The example of the Hungarian Post Office

• Authors: Havran Daniel
• Languages of publication: HU

Abstracts

EN

The cash in circulation within network industries such as post-office services can represent a sizeable quantity of operating capital. The Hungarian Post Office, besides handling mail, handles a significant amount of cash turnover, forwarding pensions, welfare benefits, and cash orders. Fluctuation in the daily volume of these is a strong factor in determining the company's liquidity requirements. The management of cash in post offices is governed by rules of thumb that operate well; the regulations leave decision-making scope for the diverse individual actors in the network. Attention has to be paid to individual cash holding when determining the corporate operating capital. The study suggests a new methodology for modelling the individual cash-holding habits, and goes on to group the behaviour patterns by analysing the connection between cash holding, level of corporate operating capital, and corporate liquidity position.

Keywords

EN

BANKS AND OTHER DEPOSITORY INSTITUTIONS; CAPITAL AND OWNERSHIP STRUCTURE; ECONOMETRIC AND STATISTICAL METHODS; FINANCIAL RISK AND RISK MANAGEMENT; MICRO FINANCE INSTITUTIONS; NETWORK FORMATION AND ANALYSIS; POSTAL AND DELIVERY SERVICES

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2008
• Volume: 55
• Issue: 10
• Pages: 907-926
• Document type: ARTICLE

Contributors

author

Havran Daniel

• Daniel Havran, no address given, contact the journal editor

Identifiers

CEJSH db identifier

10HUAAAA07878