Cash management practices in Louisiana municipalities

Abstract

In this paper, we examine the cash management practices in the State of Louisiana and contrasted those practices with the rate of return on investment income due to cash management practices. Essentially, we framed various model hypotheses from the literature, which tells us that if those practices exist then we should see an increased rate of return due to cash management. In general, our research supported the literature but there were some interesting exceptions that merit attention.

Citation

Onwujuba, C.C. and Lynch, T.D. (2002), "Cash management practices in Louisiana municipalities", Journal of Public Budgeting, Accounting & Financial Management, Vol. 14 No. 1, pp. 95-116. https://doi.org/10.1108/JPBAFM-14-01-2002-B005