Nerantzidis, Michail; Koutoupis, Andreas; Tzeremes, … - In: Journal of business economics and management 24 (2023) 1, pp. 155-176
influence the liquidity of Greek listed firms. It also explores the main factors that drive the level of operating cash flow … (OCF). By simulating a decrease of 50% and 75% in sales, we perform stress-tests on three liquidity ratios for 154 listed … about one year, whereas about 12% would become illiquid within two years. It is also observed that liquidity does not …
