Abstract

Liquidity risk management is an important aspect in an organisation. It is important for an organisation to manage liquidity risk efficiently. Hence, this study attempted to investigate the influence of firm-specific factors and macro-economic factors affecting liquidity risk of firms in manufacturing industry in China which is specific on TCL Communication Holding Limited. This study employs time series regression analysis of firms in TCL Communication Holding Limited from 2012 to 2016. The analysis shows that firm-specific factor (operating margin) and macro-economic factor (exchange rate) influence the liquidity risk of the firms.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.