Author/Authors :
KABAKÇI, Ali Dokuz Eylül Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İşletme Bölümü, Turkey
Title Of Article :
CENTRAL CASH MANAGEMENT OF MUTINATIONAL BUSINESSES AND POOLING
Abstract :
Cash management can be defined as the optimization of cash flows and investment of excess cash in a corporation. But from an international perspective, cash management becomes very complex because of different laws among countries that pertain to crossborder cash transfers. Besides, the value of cross-border cash transfers is affected by the exchange rate fluctuations. This article is concerned with the optimization of cash flows in a multinational corporation and examines centralized cash management approach and pooling technique in order to optimize the parent-subsidiary and inter-subsidiary cash flows.
NaturalLanguageKeyword :
Multinational Businesses , Cash Flows , Pool System
JournalTitle :
dokuz eylul university the journal of graduate school of social sciences
