Abstract:

Purpose: The purpose of this article is to identify the relevance of the indicators that measure the behavior of liquidity in treasury departments in times of recession. Design/methodology/approach: As for the objective, the article is descriptive, and the technical procedures are seen as bibliographic / documentary, and with a quantitative approach. The study was based on a sample of publicly traded and non-financial companies between 2007 and 2016. Findings: The statistical tool used was the regression with panel data, being the dependent variables: Net Working Capital, a Working Capital Requirement, and the Treasury Balance. Evidence shows that in times of economic recession, the liquidity levels of each company vary greatly. It is also shown that the variables of debt capacity and cost of debt can influence liquidity levels. Originality: The importance of the study is related to liquidity in times of crisis as well as the real need for efficiency and control of the liquidity level in treasury management.

Keywords:

Liquidity, Treasury, Financial Indicators, Crisis, Panel Data.

How to Cite:

Rodolfo Vieira Nunes. Traditional Indicators and Fleuriet Model for Liquidity Measurement in the Treasury of Non-Financial Institutions in Times of Crisis. [ref]: vol.22.2024. available at: https://refpress.org/ref-vol22-a34/