Corporate social responsibility and dynamic liquidity management

Niu, Yingjie; Yang, Jinqiang; Wu, Yaoyao; Zhao, Siqi

doi:10.1016/j.ribaf.2021.101559

Cited by 10 publications

(2 citation statements)

References 31 publications

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“…While it is possible to make short-term gains from short-termism , such an approach is likely to have negative longterm effects that would, in turn, lead to an underperforming economy as companies reduce their spending on successful long-term research and development (Niu et al 2022). Abuhommous et al (2022) mentions that if a company wants to preserve a high working capital it must assume the risk of relying on long-term financing because it has a high interest cost, which to an increase in the organization's opportunity costs and therefore the company may be adversely affected in its profitability.…”

Section: Liquiditymentioning

confidence: 99%

Economic management and liquidity of a company listed on the Lima Stock Exchange (LSE)

Alfaro Cruzado,

Pujupat Shirap,

Llatas Becerra

et al. 2023

SIJIS

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In order to make good decisions in the company, executives must know the reality of their company and the needs that each area has, as this allows them to adequately plan their budget and allocate sufficient economic resources for the performance of their functions. The main objective was to determine the relationship between economic management and liquidity of a company listed on the LSE from 2017 to 2021. In addition, it was considered to use a basic quantitative approach, with a descriptive correlative level, with a longitudinal design, with the population and sample composed of the company's consolidated financial data in the 2017-2021 study. The findings revealed that inventory turnover achieved a p-value of less than 0.05 with the three liquidity dimensions; additionally, a Pearson of 0.883 was obtained with working capital. This allows us to conclude that if an organization is able to maximize its value through proper planning that takes into account the real needs of the organization and moves towards recognizing the economic risks that can cause liquidity problems, then efficiency in business management is achieved.

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Section: Liquiditymentioning

confidence: 99%

Economic management and liquidity of a company listed on the Lima Stock Exchange (LSE)

Alfaro Cruzado,

Pujupat Shirap,

Llatas Becerra

et al. 2023

SIJIS

View full text Add to dashboard Cite

show abstract

“…High leveraged costs and product market performance are well discussed in literature but a little attention is paid on how we can reduce or mitigate this cost. The external financing access and lower financing cost help in risk mitigation which boosts the CSR activities (Niu et al, 2022). The engagement in corporate social responsibility can mitigate the costs related to high leverage.…”

Section: Introductionmentioning

confidence: 99%