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Author
Michalski Grzegorz
Title
Model opcyjnej wartości płynności - wybrane zagadnienia
Option Value of Liquidity Model
Source
Prace Naukowe Akademii Ekonomicznej we Wrocławiu. Ekonometria (8), 2001, nr 915, s. 197-213, bibliogr. 29 poz.
Issue title
Zastosowania metod ilościowych
Keyword
Płynność finansowa, Zarządzanie gotówką
Financial liquidity, Cash management
Note
summ.
Abstract
W artykule tym zajmiemy się opcyjną wartością płynności. (fragment tekstu)

In this paper presents the option value of financial liquidity model. Actually determining the value of liquidity is one of the 10 unsolved problems in finance. Firms invest large sums of funds in cash, near-cash, and other very liquid financial assets. Liquidity has value, though probably small under normal circumstances, could be enough to explain the co-existence of cash and near-cash in firms' portfolios. Having information about value of liquidity we can better tackle the problem of working- -capital management can be resolved. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Bibliography
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ISSN
0324-8445
1507-3866
Language
pol
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