Corporate Liquidity Management: A Conceptual Framework and Survey

Ensuring that a firm has sufficient liquidity to finance valuable projects that occur in the future is at the heart of the practice of financial management. Yet, while discussion of these issues goes back at least to Keynes (1936), a substantial literature on the ways in which firms manage liquidity

确保企业拥有充足的流动性以支撑未来开展的有价值项目，是财务管理实践的核心所在。尽管对这类问题的讨论至少可追溯至凯恩斯（Keynes）1936年的研究，但目前已有大量关于企业流动性管理路径的学术文献。