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- Title
The Best Investment Is Reinvestment.
- Abstract
The article mentions a survey in the United States that was developed by RHI Management Resources staffing service which questioned chief financial officers about cash management. Sixty-nine percent of the respondents indicated that their firms will reinvest excess cash. Executive director of RHI Management, Cecil Gregg, comments on reinvestment as a growth strategy and investment option with little risk exposure. A majority of respondents from small and larger firms prefer reinvestment to buying short- and long-term securities.
- Subjects
UNITED States; CHIEF financial officers; SURVEYS; CASH management; REINVESTMENT; GREGG, Cecil; RHI Management Resources (Company)
- Publication
Financial Executive, 1998, Vol 14, Issue 4, p10
- ISSN
0895-4186
- Publication type
Article