التدفقات النقدية و إدارة المردودية و الخطر : دراسة حالة مؤسسة إسمنت تبسة S.C.T

الملخص EN

This study aims at shedding light on the role played by the cash flow management in the balance between achieving the highest levels of return and minimizing the risks associated with it through analyzing and measuring both the cost and the risk, and then to drop this study on the practical reality of the Tebessa Cement Foundation.

The study found that the institution can achieve the highest levels of profitability and minimize risks through good management of the elements of the need in working capital, financing deficit under the best possible conditions, in addition to keeping the institution an optimal amount of cash, which can't keep Excess surpluses lead to hidden costs in the form of lost opportunities