Specifics of financial management of holdings when managing cash-flow

TLDR: FICBAUER as discussed by the authors describes specifi c of a fi nancial management of holdings when managing cash-fl ow. The focus is on reasons of holding structure and usage of both theoretical and other models of managing cash such as Baumol model, Miller-Orr model and Beranek model.

Abstract: FICBAUER, D.: Specifi cs of fi nancial management of holdings when managing cash-fl ow. Acta univ. agric. et silvic. Mendel. Brun., 2010, LVIII, No. 6, pp. 673–680 Concentration and cooperation belong to the main attributes of the modern business life. Business competition makes the start of a new business more diffi cult. Just the moment of concentration and cooperation can make the break to the new business easier. This can be achieved by including new businesses into holding companies. Basically there are two ways how to do a business. These depend on whether company carries out many lines of business or on the amount of asset. The fi rst way is to cover everything with one enterprise and thus to create one accounting unit. The second way is based on a foundation of a holding structure with subsidiaries and the holder on the top. In fact holding is a specifi c way how to cover business by many subsidiaries. The goal of this article is to describe specifi cs of a fi nancial management of holdings when managing cash-fl ow. The focus is on reasons of holding structure and usage of both theoretical and other models of managing cash such as Baumol model, Miller-Orr model and Beranek model. As transfers within the holding organization belong to the main advantageous of holding, the way how to transfer fi nance from one subsidiary to other or from subsidiary to holder or reversely is handled here. holding, fi nancial management of holding, cash-fl ow, managing cash-fl ow, cash management