Management of Corporate Liquidity

Liquidity is the capacity of a firm to meet its short-term obligations. The more liquidity a firm has the more likely it is able to pay its employees, supplies and holders of short-term creditors. The assets are liquid if they can be rapidly converted into cash. The effective management of corporate liquidity has become greater significance in recent times in view of poor performance of enterprises on the one side and resource crunch on the other. An attempt is made here to study the corporate liquidity measurement and management in the State Level Public Enterprises. This study covers the latest methods of measurement and management techniques of liquidity. It also covers a chapter on process, problems of performance and prospects of disinvestments of Central Government and State Government Public Sector Enterprises. The study aims at examining the corporate liquidity measurement and management practices at length and discusses the deficiencies in the existing practices in the liquidity management and suggests measures for improvement. This study is useful to M. Com., M.B.A., I.C.F.A., C.A., ICWAI and various research students. It will also be beneficial to the financial executives who want to update their knowledge in corporate liquidity. To cater to the needs of the post-graduate students, research scholars and financial executives, the subject matter in this book is dealt with a conceptual and analytical approach.