2 Determining the liquidity level of businesses registered on the Polish Stock exchange
Haşim Bağci and Ceyda Yerdelen Kaygin
1 Introduction
Stocks are financial instruments that assume a crucial task in the management, valuation, and performance of companies besides providing the funds that companies need (Fang et al., 2009). For this reason, determining the liquidity levels of companies’ stocks is very important in measuring financial performance (Kimondo et al., 2016). As it is known, companies must have sufficient liquidity levels to fulfill their short-term financial obligations without default. This requirement can only be achieved with the correct management of companies’ resources (Loncan and Caldeira, ...
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