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Author:Mulligan, E.
Title:Treasury management organisation: an examination of centralised versus decentralised approaches
Journal:Irish Journal of Management
2001 : VOL. 22:1, p. 7-33
Index terms:CASH MANAGEMENT
CENTRALISATION
DECENTRALISATION
MULTINATIONAL COMPANIES
EUROPE
Freeterms:TREASURY MANAGEMENT
Language:eng
Abstract:Over the past decade many large and expanding multinational corporations (MNCs) have moved or are moving their treasury organisations towards a centralised structure. Most of them have chosen to centralise on a world-wide or European basis at least one critical treasury management activity, namely cash management (CM). The main objective of this study is to establish whether the financial health of MNCs with a centralised CM structure is significantly different from to that of MNCs with decentralised CM structure.
SCIMA record nr: 235834
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