Managing Liquidity Risk

2018 ◽  
pp. 132-156
Keyword(s):  
Management Strategy ◽  
Liquidity Risk ◽  
Efficient Frontier ◽  
Retail Banking ◽  
Management Model ◽  
Cash Management ◽  
For Profit ◽  
Maximal Profit ◽  
Management Policies ◽  
Simulation Results

This chapter describes the liquidity risk management in retail banking. The chapter elaborates how to determine an optimal cash management strategy to provide for liquidity of a retail bank which maximises profit by using the Miller-Orr Cash Management Model: 1) Stochastic Optimisation is used to construct the Efficient Frontier of optimal cash management policies with maximal profit determining the Daily Target Cash Balance and Daily Upper Cash Limit in order to maintain liquidity; 2) Monte Carlo simulation is used to stochastically calculate and measure the Profit, Variance, Standard Deviation and VAR of the cash management policies; 3) Six Sigma process capability metrics are also stochastically calculated, against the bank's specified target limits, for Profit and VAR of the Efficient Frontier cash management policies; 4) Simulation results are analysed and the optimal cash management strategy is selected from the Efficient Frontier based on the criteria of minimal VAR.

STRATEGI MANAJEMEN KAS (CASH MANAGEMENT) DALAM RANGKA OPTIMALISASI DANA PADA YAYASAN INSAN MADANI SEJAHTERA (YIMS) TAHUN 2004-2009

2019 ◽  
Vol 8 (02) ◽  
pp. 21
Author(s):  
Yuli Anwar
Keyword(s):  
Management Strategy ◽  
Social Institutions ◽  
Skills Training ◽  
Health Economy ◽  
Economic Empowerment ◽  
Cash Management ◽  
Private Institutions ◽  
Public Health Services ◽  
Caring Teachers ◽  
The Social

cash management strategy (cash management) in order to optimize the foundation fund civil insan prosper (yims) year 2004-2009. Cash management strategy (cash management) in order to optimize the funds on Madani Insan Sejahtera Foundation (Yims) include: revenue from the year 2004 amounting to Rp. 18,250,500.00 until 2009 to Rp. 559,454,000.00 or 300 times increase. Similarly, expenditure in the form of compensation, public health services, skills training, caring teachers and preachers, the economic empowerment of the ummah, qurban from 2004 amounting to Rp. 17,787,500.00 until 2009 to Rp. 559 005 100 is almost 300%. The channeling of funds up to 98% - 102% from 2004 to 2009. The remaining funds are used for operational reserves the foundation. The Foundation expects an increase in revenue from activities that are funded in accordance mission of the foundation is: (1) to provide services to the community through empowerment programs that integrate educational programs, health, economy and skills. (2) Being a liaison between the haves with the community through the distribution of funds can not afford the social, charity, infaq, shodaqoh and humanitarian funds. (3) Establish partnerships with both private institutions, government or other social institutions in reducing social problems in the community. Keywords : cash management 

Management Concept of Modern Distance and Open University: Taking Consideration to Social Responsibilities and Operating Performance

2011 ◽  
Vol 268-270 ◽  
pp. 1613-1618
Author(s):  
Fan Li ◽  
Fei Wang
Keyword(s):  
Social Responsibility ◽  
Economic Benefit ◽  
Management Strategy ◽  
Operating Performance ◽  
Management Model ◽  
Open University ◽  
Social Responsibilities ◽  
The World ◽  
Management Concept ◽  
Development Tendency

Paying more attention to economic benefit but less to social responsibility is a problem faced by many Radio & TV universities in China. As the most successful distance education university in the world, the Open University of UK provides much experience on management model. Favorable benefit and well development tendency are gotten by hammering at shouldering community responsibilities and winning public praise with quality. The management strategy of it would make contributions to the development of China’s Radio & TV universities.

Promoting evaluation culture

2008 ◽  
Vol 8 (1) ◽  
pp. 20-25
Author(s):  
John Hanwright ◽  
Sharnie Makinson
Keyword(s):  
Program Evaluation ◽  
Change Management ◽  
Management Strategy ◽  
Department Of Education ◽  
Management Model ◽  
Multifaceted Approach ◽  
Evaluation Strategy ◽  
Comprehensive Program ◽  
The Arts ◽  
Supporting Materials

This article describes the development and implementation of a comprehensive Program Evaluation Strategy by the Queensland Department of Education, Training and the Arts (DETA). It discusses the key stages adopted in this change management strategy by drawing upon characterisations of effective innovations. The Program Evaluation Strategy adopted by DETA was based on a change management model rather than a compliance approach. The evaluation strategy incorporated a number of elements: the overall strategy, an evaluation manual providing supporting materials and templates, evaluation training for staff, and specific provision of advice and assistance in evaluation. The article argues that this multifaceted approach has fostered an evaluative culture within the agency and been critical in supporting the influence and use of evaluation.

scholarly journals Does Pro-Green Policy and Growth Strategy of an Organization will Bail Out Post-Crisis?

2018 ◽  
Vol 6 (7) ◽  
pp. 65
Author(s):  
P. Anbarasan
Keyword(s):  
Sustainable Development ◽  
Development Policy ◽  
Complex Structure ◽  
Growth Strategy ◽  
Profit Motive ◽  
Policy Initiatives ◽  
Green Policy ◽  
For Profit ◽  
Management Policies ◽  
Bail Out

The study comprehensively analysis going green policy as a tangible approach to achieving sustainable development in any enterprise. Although business is conducted for profit motive sustaining the profit and enterprise competitive advantage is mainly related to an enterprise vision and values that incorporate in their management policies, hence the study analyzes the complex structure that related to sustainability and policy through causal loop diagram (CLD) of system dynamics and put forth capability advancement for sustainable development policy initiatives. Finally, the growth strategy and future scope of the study is discussed.

High-Tech Workers, Management Strategy, and Globalization

2011 ◽  
pp. 42-57
Author(s):  
Jasmine Folz
Keyword(s):  
At Risk ◽  
Management Strategy ◽  
Qualitative Interviews ◽  
High Tech ◽  
Foreign Workers ◽  
Contingent Employment ◽  
Cost Cutting ◽  
Management Policies ◽  
The Impact ◽  
Policies And Practices

Based on qualitative interviews with Seattle area high-tech workers, this chapter explores their positioning within and reaction to globalization processes. Looking especially as cost-cutting labor strategies of contingent employment, importation of foreign workers, and the outsourcing of professional high-tech work, it is argued that these are essentially restrictive employment strategies that benefit employers at the expense of employees. While some of the interviewees more or less approved of these practices as logical from the corporate perspective, and were confident that their jobs were too complex to be at risk, most are questioning these processes and some were actively trying to organize in an effort to halt or at least slow down such trends. How and why high-tech workers accommodate or resist management policies and practices they disagree with is analyzed with attention to the impact of ideology.

scholarly journals Multiple-criteria cash-management policies with particular liquidity terms

2019 ◽  
Author(s):  
Francisco Salas-Molina ◽  
David Pla-Santamaria ◽  
Ana Garcia-Bernabeu ◽  
Fernando Mayor-Vitoria
Keyword(s):  
Predictive Accuracy ◽  
Cash Flows ◽  
Expected Returns ◽  
Cash Management ◽  
Deterministic Equivalent ◽  
Multiple Assets ◽  
Management Policies ◽  
The Impact ◽  
Forecasting Errors ◽  
Near Future

Abstract Eliciting policies for cash management systems with multiple assets is by no means straightforward. Both the particular relationship between alternative assets and time delays from control decisions to availability of cash introduce additional difficulties. Here we propose a cash management model to derive short-term finance policies when considering multiple assets with different expected returns and particular liquidity terms for each alternative asset. In order to deal with the inherent uncertainty about the near future introduced by cash flows, we use forecasts as a key input to the model. We express uncertainty as lack of predictive accuracy and we derive a deterministic equivalent problem that depends on forecasting errors and preferences of cash managers. Since the assessment of the quality of forecasts is recommended, we describe a method to evaluate the impact of predictive accuracy in cash management policies. We illustrate this method through several numerical examples.

A Cash Management Model for Health Care Clinics

1973 ◽  
Vol 8 (1) ◽  
pp. 1-10
Author(s):  
Sang M. Lee ◽  
A. Joseph Lerro
Keyword(s):  
Health Care ◽  
Management Model ◽  
Cash Management ◽  
Health Care Clinics
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