Managing of Financial Flexibility

Józefa Gryko ()
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Józefa Gryko: Poznań University of Economics and Business

A chapter in Contemporary Trends in Accounting, Finance and Financial Institutions, 2018, pp 43-55 from Springer

Abstract: Abstract Article focuses on showing the importance of financial management in creating the flexibility of the company and identifying conditions affecting the decision on the company’s financial flexibility. This paper reviews existing literature and provides a definition of financial flexibility which emphasizes its multidimensionality. The article discusses the potential benefits of maintaining financial flexibility and choice of factors shaping it. The article presents a decision on the financial flexibility formation as a result of two groups of factors—the company’s need for flexibility and the capability of its creation.

Keywords: Financial flexibility; Financial management (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-72862-9_4

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DOI: 10.1007/978-3-319-72862-9_4

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