ACCOUNTS RECEIVABLE LEVELS AS PART LIQUIDITY MANAGEMENT STRATEGY IN POLISH NONPROFIT ORGANIZATIONS
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| Title | ACCOUNTS RECEIVABLE LEVELS AS PART LIQUIDITY MANAGEMENT STRATEGY IN POLISH NONPROFIT ORGANIZATIONS |
| Authors | |
| Abstract | The basic financial aim of nonprofit organization is the most financially effective realization of the mission that cause the donors support for the organization. It is close in many points to creating of for-profit firms value. The aim of paper is to discuss the liquidity management model in Polish nonprofit organizations influenced by changes in economics and management occurring throughout managerial processes in the context of globalisation. Financial literature contains information about numerous factors that influence organization financial efficiency. Among those contributing factors is the extent of the net working capital and the elements shaping it, such as the level of cash tied up in accounts receivable, inventories, the early settlement of accounts payable, and operational cash balances. The theoretical model of financial liquidity management in nonprofit organization is illustrated by empirical data from over 3000 Polish NPOs.DOI: http://dx.doi.org/10.5755/j01.em.17.3.2107 |
| Publisher | Kaunas University of Technology |
| Date | 2012-08-08 |
| Source | EKONOMIKA IR VADYBA Vol 17, No 3 (2012) |
| Rights | Autorių teisės yra apibrėžtos Lietuvos Respublikos autorių teisių ir gretutinių teisių įstatymo 4-37 straipsniuose. |