| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19502 |
| 来源ID | Working Paper 19502 |
| Corporate Liquidity Management: A Conceptual Framework and Survey | |
| Heitor Almeida; Murillo Campello; Igor Cunha; Michael S. Weisbach | |
| 发表日期 | 2013-10-04 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Ensuring that a firm has sufficient liquidity to finance valuable projects that occur in the future is at the heart of the practice of financial management. Yet, while discussion of these issues goes back at least to Keynes (1936), a substantial literature on the ways in which firms manage liquidity has developed only recently. We argue that many of the key issues in liquidity management can be understood through the lens of a framework in which firms face financial constraints and wish to ensure efficient investment in the future. We present such a model and use it to survey many of the empirical findings on liquidity management. |
| 主题 | Financial Economics ; Corporate Finance |
| URL | https://www.nber.org/papers/w19502 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577175 |
| 推荐引用方式 GB/T 7714 | Heitor Almeida,Murillo Campello,Igor Cunha,et al. Corporate Liquidity Management: A Conceptual Framework and Survey. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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