Share prices of companies with the weakest balance sheets have increased 94 percent in just over two years; junk bond issuers rising faster than the overall market.
As Dodd-Frank regulations are implemented, companies cite greater administrative burden and higher costs for derivatives, as well as a fragmenting market.
Hackett Group study shows cash management is still considered a priority, but budget and staffing remain tight. As a result, some companies are outsourcing strategic tasks, including treasury.