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Innovation through treasury centralization: the potential of the Visegrad countries for establishment of corporate treasury centres

  1. TitleInnovation through treasury centralization: the potential of the Visegrad countries for establishment of corporate treasury centres
    Author infoBeata Šarkanová, Peter Krištofík
    Author Šarkanová Beata 1986- (50%)
    Co-authors Krištofík Peter 1971- (50%) UMBEF04 - Katedra financií a účtovníctva
    Source document Modeling innovation sustainability and technologies : economic and policy perspectives. Pp. 93-107. - Cham : Springer International Publishing AG, 2018 ; MIST 2015 - Modelling innovation sustainability and technologies konferencia
    Corporation keywords Vyšehradská štvorka - Višegrádska štvorka - V4 (zoskupenie štátov) - Vyšehradská skupina - Visegrad Group
    Keywords corporate treasury   centralization   MNCs   location criteria  
    LanguageEnglish
    CountrySwitzerland
    systematics 33
    AnnotationCorporate treasury management becomes much more complex and hence more difficult as globalisation increases, cross border activities grow, and companies choose to adopt a multinational status. Multinational companies (MNCs) need to organise their treasury management activities and their main aim is to choose the model that will maximise value added. The range of possibilities includes a centralized form of treasury i.e. a treasury centre operating in a certain geographical region as the centre of expertise, knowledge and innovation in financial management. MNCs often centralize their treasury management by setting up regional treasury centres in locations that offer optimal conditions for the effective management of treasury activities having regard to local needs. The recent trend of nearshoring has focused multinationals' attention on Central European countries. The paper concentrates on the factors and criteria considered in MNCs' location decisions for treasury centres, and on the
    Public work category AEC
    No. of Archival Copy42411
    Repercussion category PRZYTUŁA, Sylwia - FORMÁNKOVÁ, Sylvie - UBREŽIOVÁ, Iveta - DUNAY, Anna. Corporate social responsibility in Visegrad countries (Poland, Czech Republic, Slovakia, Hungary) overall landscape. In CSR, sustainability, ethics and governance. ISSN 2196-7075, 2019, pp. 325-353.
    SITKIN, Alan. International business : attitudes and alternatives. London : Routlege, 2021. 494 p. ISBN 978-0-367-74680-3.
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
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Number of the records: 1  

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