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Corporate inventory management with value maximization in view

Author

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  • G. Michalski

    (Department of Corporate Finance and Value Management, Wroclaw University of Economics, Wroclaw, Poland)

Abstract

The basic financial purpose of the firm is maximization of its value. An inventory management should also contribute to the realization of this basic aim. Many current assets management models which we can find in the literature relating to financial management were constructed with the assumption of book profit maximization as the basic aim. These models could be lacking what relates to another aim, i.e., maximization of the enterprise value. This article presents the value based inventory management model modification.

Suggested Citation

  • G. Michalski, 2008. "Corporate inventory management with value maximization in view," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 54(5), pages 187-192.
    • Handle: RePEc:caa:jnlage:v:54:y:2008:i:5:id:251-agricecon
    DOI: 10.17221/251-AGRICECON
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    References listed on IDEAS

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    1. Sartoris, William L & Hill, Ned C, 1983. "A Generalized Cash Flow Approach to Short-Term Financial Decisions," Journal of Finance, American Finance Association, vol. 38(2), pages 349-360, May.
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    Cited by:

    1. Zbigniew Gołaś, 2020. "The effect of inventory management on profitability: evidence from the Polish food industry: Case study," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(5), pages 234-242.

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