Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 24 for “"Liquidity management"”.
-
Three Essays On Firm Liquidity Management
… 1, we study the costs associated with firm illiquidity. We specifically examine the impact of illiquidity on the costs of financing, financial distress, underinvestment, and competitiveness in product markets. We focus on a comprehensive definition of liquidity that expands upon the typical …
-
A vállalati likviditáskezelés = Corporate liquidity management
Már Keynes [1936] és Hicks [1967] is rámutatott arra, hogy a gazdasági szereplők azon szokását, hogy a más eszközökhöz képest alacsonyabb hozamú készpénzt tartanak, a pénz egy fontos tulajdonságával, a likviditással lehet magyarázni. A vállalati likviditás fenntartása egyrészt a készpénz, illetve …
-
Essays on risk assumption and liquidity management
… risk assumption and the other one corporate liquidity management in emerging markets. The abstracts for each chapter are as follows. Chapter 1: Credit Default Swaps and Risk-Shifting: Good News for Constrained Firms We hypothesize that CDS discriminate risk choices according to firm’s …
-
Likviditásmenedzsment és közvetítés fedezetlen hitel piacokon = Liquidity Management And Intermediation In Unsecured Credit Markets
Disszertációm célja a magyar fedezetlen bankközi hitelpiac és az ott jelenlévő közvetítői tevékenység vizsgálata. Kutatásomat három egymásra épülő szinten valósítottam meg. Az első szinten egy leíró kutatást végeztem, amelyben több oldalról megvizsgáltam a bankközi piac egy jelentős szeletét, a …
-
Corporate Liquidity Management in Relation to Dividend and Other Working Capital Policy Decisions: A Time Series Empirical Study
Made available in DSpace on 2014-12-14T14:17:12Z (GMT). No. of bitstreams: 1 8004215.pdf: 7494429 bytes, checksum: baff58c994b453fc191ebed68f96e594 (MD5) Previous issue date: 1979
-
Essays in international corporate finance
… corporate exposure to international markets, liquidity management and hedging through debt in foreign currency. Chapter 1: Currency Exposure and Liquidity Management. Exchange rate movements present many risks for globalized companies, such as unexpected liquidity shortfalls that reduce their …
-
A Projective Method for Measuring Central Illinois Farmers' Reservation Prices for Cash and Intermediate Credit Reserves
Prior research has demonstrated the importance of liquidity management of risk on the farm. In these studies reservation prices were found by varying parameters of functions reflecting assumed behavior of risk averse decision makers. Such a procedure, however, attenuated validation of the model …
-
An analysis of the sources and use of financial resources of local authorities: The case of Rehoboth Town Council
… remains poor and a radical approach to financial management was a necessity. The study assessed the factors affecting financial performance from institutional, human capital and external environment perspectives and its effects of financial performance of the town council. The study adopted a case …
-
The corporate governance and its application`s compliance level implication on the financial performance of listed firms in the Amman Stock Exchange
… recognized to be impacted by several features; liquidity management and corporate governance are a part of these factors. Consequently, this thesis examines the impact of corporate governance and liquidity management on the financial performance of the listed financial firms in the Jordanian …
-
The relationship between profitability and liquidity in South African listed firms
This dissertation analyses the influence of liquidity on the profitability of South African listed firms between 2000 and 2009. The importance of this paper is to assess whether South African firms will improve profitability by managing liquidity efficiently. We used data from past published …
-
Default and Liquidity in the Management of the Bnda Lending Program in Ivory Coast
Default influences liquidity as well as being influenced by liquidity. While such effects have been discussed in previous studies on liquidity management by farm borrowers in developing countries, they were not explicitly determined in the empirical analyses. Instead these studies assume that a net …
-
Liquidity and agricultural lending in Malawi
… of ensuring financial stability by undertaking liquidity management framework and measures. One such liquidity management intervention is the liquidity reserve requirements (LRR). This study departed on the theoretical understanding that quantitative tightening through LRR affects the liquidity …
-
Optimal corporate investment and financing policies with time-varying investment opportunities
… corporate investment, financing, and risk management for a financially constrained firm. In the BCW model, corporate risk management is a combination of internal liquidity management, financial hedging, investment, and payout decisions. However, Bolton et al. (2009) assume that the firm's …
-
Essays on corporate finance
… Chapter 2: Local Capital Market and Small Firm Liquidity Management This chapter studies the effect of local bank deposit on the liquidity management of local companies. Local companies save less cash when there is more local bank deposit, but they do not have access to more credit line. Hence, …
-
Identifying the major constraints to investment in residential rental property in South Africa
… in South Africa. These include financial liquidity or funding; property liquidity; management skills; management costs; the lack of investment market information; and legal constraints. Practical Implications: The results of this research will enable further research into the specific …
-
Three Essays On Corporate Finance
… First, I construct three measures of real asset liquidity and find that firms' ability to sell assets (real asset liquidity) affects corporate liquidity management. Specifically, firms with higher real asset liquidity hold less cash. The benefits of increased ability to sell assets are stronger …
-
Essays in macroeconomics : information and financial markets
… the asymmetric information problem in credit and liquidity management. Asymmetric information hinders the ability of borrowers (firms, investment banks, etc) to undertake profitable investment opportunities and to insure themselves against liquidity shocks. On the equilibrium path, creditors need …
-
Implications of lump sum costs for empirical design in corporate finance research
… study analyzes the dynamics of cash holding management and empirically determines the optimal policy for cash reserves. The framework stipulates that cash management is associated with the following actions: 1) allow cash level to freely float within the range bounded by two barriers; 2) …
-
A stochastic programming framework for financial intermediaries liquidity in South Africa
We provide a thorough overview of the current liquidity problem, dis cussing what are considered to be state-of-the-art approaches in both in dustry and in academia, and clearly establish our motivation to depart from current liquidity management standards. We noted that during 2007 to 2009 …
-
Essays in macroeconomics : liquidity and taxation
… independent chapters on the Macroeconomics of Liquidity and Taxation. The first chapter studies how concerns about future funding difficulties and liquidity dry ups influence investment decisions. In an environment with financial frictions, investors need to take liquidity management into …
Page 1 of 2