Liquidity management is a concept that is gaining serious attention all over the world because of the current financial turmoil and the state of the world economy. The concern of business owners and managers all over the world is to devise a strategy which will help in maintaining liquidity as...

Theoretically, a company needs to maintain a liquidity level that is not detrimental to its profitability. Empirical evidence shows a negative correlation between liquidity and profitability but a company cannot operate with zero liquidity in order to maximize its profits. Normally firms try to...

Liquidity plays an important role in the successful functioning of every business firm. The critical part in managing working capital is maintaining its liquidity in day-to-day operation to ensure its smooth running and to meet its obligations. Hence, it is of utmost importance to keep a...

The recent spate of global crises, including Covid-19 pandemic, Russia-Ukraine war and the Sri Lankan crisis, have hindered the economic growth of almost all nations. The prevailing economic downturn has forced many organizations to assess their financial future and the possibility of financial...