AN ANALYSIS OF THE FINANCIAL LIQUIDITY MANAGEMENT STRATEGY IN POLISH ALUMINUM PRESSURE FOUNDRIES DURING THE CRISIS

1 ZIMON Grzegorz
Co-authors:
2 HABIB Ahmed Mohamed 3,4 RAHMAN Md Hasanur
Institutions:
1 Rzeszow Univeristy of Technology, Al.Powstancow Warszawy, Rzeszow, Poland, EU, gzimon@prz.edu.pl
2 Zagazig, Accounting and Finance, Independent Research, Zagazig, Egypt, dr_ahmedhabib@yahoo.com
3 Sheikh Fazilatunnesa Mujib University, Jamalpur 2000, Bangladesh
4 Comilla University, Bangladesh, hasanur@sfmu.edu.bd
Conference:
33rd International Conference on Metallurgy and Materials, Orea Congress Hotel Brno, Czech Republic, EU, May 22 - 24, 2024
Proceedings:
Proceedings 33rd International Conference on Metallurgy and Materials
Pages:
645-650
ISBN:
978-80-88365-21-1
ISSN:
2694-9296
Published:
26th June 2024
Proceedings of the conference have been sent to Web of Science and Scopus for evaluation and potential indexing.
Metrics:
85 views / 62 downloads
Abstract

The activity of each manufacturing company in conditions of high competitiveness and crises that have occurred in recent years is exposed to a number of risks that make it difficult to maintain high financial liquidity. In order to provide the continuity of ongoing economic processes and to be able to develop, entities are forced to build optimal financial management strategies for them. Enterprises can choose between a conservative, moderate and aggressive strategy, which is largely determined by the way they manage their current assets and short-term liabilities. In the case of manufacturing companies, it is also not without significance that they are particularly sensitive to fluctuations in the economic situation and changes in the macroeconomic environment, which imply the availability of funds. The aim of this paper is to analyze the financial liquidity management strategy in polish aluminum pressure foundries during the crisis in 2019-2022.

Keywords: Metallurgy, financial liquidity, risk, crisis

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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