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Decreasing negative the delivery risk influence on the recepient's firm value: Portfolio approach

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Author Info
Michalski, Grzegorz

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Abstract

The basic financial purpose of an enterprise is maximization of its value. Inventory management should also contribute to realization of this fundamental aim. The enterprise value maximization strategy is executed with a focus on risk and uncertainty. This article presents the consequences for the recipients firm that can result from operating risk that is related to delivery risk generated by the suppliers. The present article offers a method that uses portfolio management theory to chose the suppliers

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File URL: http://mpra.ub.uni-muenchen.de/11523/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 11523.

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Date of creation: 06 Nov 2008
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Handle: RePEc:pra:mprapa:11523

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Related research
Keywords: Corporate liquidity; firm value; delivery risk;

Find related papers by JEL classification:
M11 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Production Management
G39 - Financial Economics - - Corporate Finance and Governance - - - Other
G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure

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