现金管理(英文版)(ppt 23页)

现金管理目录:
28.1 Reasons for Holding Cash
28.2 Determining the Target Cash Balance
28.3 Managing the Collection and Disbursement of Cash
28.4 Investing Idle Cash
28.5 Summary & Conclusions

现金管理内容简介:
A firm holds cash to conduct transactions and to compensate banks for the various services they render.
The optimal amount of cash for a firm to hold depends on the opportunity cost of holding cash and the uncertainty of future cash inflows and outflows.
Two transactions models that provide rough guidelines for determining the optimal cash postion are:
The Miller-Orr model
The Baumol model

 

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