Record Details

INFLUENCE OF THE POST-CRISIS SITUATION ON COST OF CAPITAL AND INTRINSIC LIQUIDITY VALUE IN NON-PROFIT ORGANIZATIONS

International Journal of Management and Social Sciences

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Field Value
 
Title INFLUENCE OF THE POST-CRISIS SITUATION ON COST OF CAPITAL AND INTRINSIC LIQUIDITY VALUE IN NON-PROFIT ORGANIZATIONS
 
Creator Michalski, Grzegorz; Wroclaw University of Economics
Wroclaw, Poland
 
Subject Financial Management
Intrinsic Liquidity Value, Nonprofit Financial Management, Financial Liquidity, Liquidity, Financial Management
Finance
 
Description Cash maintained in nonprofit organizations is not a source of any interest and although the close to cash assessestogether with credit lines available for enterprise are connected with resigning from realization of the part of incomesor costs, firms decide to maintain some liquidity reserves. Not only this, resulting from transactional needs, but alsofrom precautional and speculative reasons. Investment in liquid reserves resulting from speculative demand formoney may be assessed by usage of capital budgeting methods like: Net Present Value (NPV) or Internal Rate ofReturn (IRR) or as a call option.In the research paper, each of these aspects of liquidity was taken into consideration and presented from nonprofitperspective. Nonprofit liquidity value determination may often significantly contribute to the solution of workingcapital management problems in these organizations.
 
Publisher SPEAK Foundation
 
Contributor The research is financed from the Polish science budget resources in the years 2010-2012 as the research project NN113021139
 
Date 2011-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format
 
Identifier http://journals.foundationspeak.com/index.php/ijmss/article/view/5
 
Source INTERNATIONAL JOURNAL OF MANAGEMENT AND SOCIAL SCIENCES (IJMSS); Vol 1, No 1 (2011): IJMSS - July 1(1) 2011; 67-78
2349-9761
2249-0191
 
Language eng
 
Relation http://journals.foundationspeak.com/index.php/ijmss/article/view/5/4
 
Coverage Poland


 
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