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The consideration paid on studying the impact of liquidity management on financial performance has increased both in the literature and the business environment. This is a concept linked with financial stability. Before the crisis from the previous years, financial stability was considered a matter of macroeconomics, assessed at country level or as a link between markets. However, at the present, companies also approach the financial stability issue. In Romania, the effects of the financial crisis have manifested with a certain time lag compared to its onset on the international Abstract
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Vintilă et al. (2016) studied this question.
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