Intra-firm management of short-term financial resources of TNCs

Economic Annals-XXI: Volume 113, Issue 3-4, Pages: 16-20

Citation information:
Balyuk, T. V. (2011). Intra-firm management of short-term financial resources of TNCs. Economic Annals-XXI, 3-4, 16-20. https://ea21journal.world/index.php/ea-v113-05/

T. V. Balyuk

Intra-firm management of short-term financial resources of TNCs

Abstract. In the article, the author investigates into the policy of transnational companies (TNCs) with respect to cash management with the use of intra-firm financial instruments. The author discusses such tools as intra-firm pooling of debit and credit current account balances, sweeping of cash to concentration accounts, netting of receivables and payables centers and leads and lags of payments for intra-firm transactions.

Keywords: Intra-Firm Management; TNC; Financial Resources