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On the formal foundations of cash management systems

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On the formal foundations of cash management systems

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dc.contributor.author Salas-Molina, Francisco es_ES
dc.contributor.author Rodriguez-Aguilar, Juan A es_ES
dc.contributor.author Pla Santamaría, David es_ES
dc.contributor.author Garcia-Bernabeu, Ana es_ES
dc.date.accessioned 2021-05-29T03:32:22Z
dc.date.available 2021-05-29T03:32:22Z
dc.date.issued 2021-06 es_ES
dc.identifier.issn 1109-2858 es_ES
dc.identifier.uri http://hdl.handle.net/10251/166959
dc.description.abstract [EN] Cash management aims to find a balance between what is held in cash and what is allocated in other investments in exchange for a given return. Dealing with cash management systems with multiple accounts and different links between them is a complex task. Current cash management models provide analytic solutions without exploring the underlying structure of accounts and its main properties. There is a need for a formal definition of cash management systems. In this work, we introduce a formal approach to manage cash with multiple accounts based on graph theory. Our approach allows a formal reasoning on the relation between accounts in cash management systems. A critical part of this formal reasoning is the characterization of desirable and non-desirable cash management policies. Novel theoretical results guide cash managers in the analysis of complex cash management systems. es_ES
dc.description.sponsorship This work is partially funded by projects Logistar (H2020-769142), AI4EU (H2020-825619) and 2017 SGR 172. es_ES
dc.language Inglés es_ES
dc.publisher Springer-Verlag es_ES
dc.relation.ispartof Operational Research es_ES
dc.rights Reserva de todos los derechos es_ES
dc.subject Finance es_ES
dc.subject Graph theory es_ES
dc.subject Formal reasoning es_ES
dc.subject Multiple accounts es_ES
dc.subject.classification ECONOMIA FINANCIERA Y CONTABILIDAD es_ES
dc.subject.classification ECONOMIA APLICADA es_ES
dc.title On the formal foundations of cash management systems es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.1007/s12351-019-00464-6 es_ES
dc.relation.projectID info:eu-repo/grantAgreement/EC/H2020/769142/EU/Enhanced data management techniques for real time logistics planning and scheduling/ es_ES
dc.relation.projectID info:eu-repo/grantAgreement/Generalitat de Catalunya//2017 SGR 172/ es_ES
dc.relation.projectID info:eu-repo/grantAgreement/EC/H2020/825619/EU/A European AI On Demand Platform and Ecosystem/ es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Economía y Ciencias Sociales - Departament d'Economia i Ciències Socials es_ES
dc.description.bibliographicCitation Salas-Molina, F.; Rodriguez-Aguilar, JA.; Pla Santamaría, D.; Garcia-Bernabeu, A. (2021). On the formal foundations of cash management systems. Operational Research. 21(2):1081-1095. https://doi.org/10.1007/s12351-019-00464-6 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.1007/s12351-019-00464-6 es_ES
dc.description.upvformatpinicio 1081 es_ES
dc.description.upvformatpfin 1095 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 21 es_ES
dc.description.issue 2 es_ES
dc.relation.pasarela S\385621 es_ES
dc.contributor.funder European Commission es_ES
dc.contributor.funder Generalitat de Catalunya es_ES
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