Financial Strategies to minimize liquidity risk in Small and Medium Enterprises (SMEs)

Authors

DOI:

https://doi.org/10.35381/r.k.v4i8.317

Keywords:

Social economy, cooperative work, strategic planning.

Abstract

The research was based on determining the effectiveness of financial strategies to minimize liquidity risk in PYMES, an explanatory type methodology was used with a quasi-experimental test and post-test design without a control group. Among the main conclusions is that PYMES members are able to build a clear and specific mission and vision in the financial area. Define the financial objectives that should be clear, realistic, measurable and consistent with each other. This helps to minimize the possibilities that PYMES may fail over time due to lack of consistency in the application of financial management according to the purposes of the company and the multiple demands of the market.

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References

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Published

2019-07-01

How to Cite

Jiménez Vargas, N. P., Rios Sanipatin, E. L., Castelo Salazar, A. G., & Cabezas Paltan, G. M. (2019). Financial Strategies to minimize liquidity risk in Small and Medium Enterprises (SMEs). Revista Arbitrada Interdisciplinaria Koinonía, 4(8), 623–632. https://doi.org/10.35381/r.k.v4i8.317