The Financial Liquidity Investment Efficiency Model (FLIEM) was presented and discussed by Michalski (Value-based working capital management: determining liquid asset levels in entrepreneurial environments. Palgrave Macmillan, 2014). Here the Cash Levels in Full Operating Cycle (CLFOC) is...

In this paper made reference to ensure a conditions for the possibility of an efficient functioning of the organization. It was considered that it is the implementation of improvement measures adequate to the nature of irregularities. These activities should provide the opportunity to improve,...