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Cover image for book Value-Based Working Capital Management

Value-Based Working Capital Management

Determining Liquid Asset Levels in Entrepreneurial Environments
By:G. Michalski
Publisher:Springer Nature
Print ISBN:9781137397997
eText ISBN:9781137391834
Edition:0
Copyright:2014
Format:Reflowable

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Value-Based Working Capital Management analyzes the causes and effects of improper cash flow management between entrepreneurial organizations with varying levels of risk. This work looks at the motives and criteria for decision-making by entrepreneurs in their efforts to protect the financial security of their businesses and manage financial liquidity. Michalski argues that businesses exposed to greater risk need a different approach to managing liquidity levels.