The impact of monetary fluctuation on the future financial performance An Empirical Study in included in the Securities Commission and financial markets companies
published by Aِl-Baath University
in 2014
in
and research's language is
العربية
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Abstract in English
This research mainly aims to study the relationship between the cash
management for future financial performance of a sample of
securities included in the Syrian Commission on Financial Markets
companies. With the assumption that there is an optimal level of
cash (expected and necessary level of operations and investment),
and then it was determined that level and calculating deviations of
the actual level of cash for optimum value and the study of the
relationship between those distractions future financial performance.
Among the most important results that have been reached that the
research is to increase the actual level of cash will improve the
future profitability of the facility, showing that the monetary
deviations from the optimal level does not significantly affect the
.future financial performance.
References used
Heitor Almeida, et al, Corporate Demand for Liquidity, Working Paper 9253, http://www.nber.org/papers/w9253, 2002, P:1
Aydin Ozkan and Neslihan Ozkan, Corporate Cash Holdings: An Empirical Investigation of UK Companies, EFA 2002 Berlin Meetings Presented Paper; Liverpool University Economics and Accounting Working Paper No. 2002-1, http://ssrn.com/abstract=302313, 2002, P:2
Derek Oler and Marc Picconi, Implications of Insufficient and Excess Cash for Future Performance, http://ssrn.com/abstract=1092880, May 22, 2009, P: 1