ECONOMIC VALUE ADDED VERSUS RISK IN AGRICULTURAL COMPANIES – INTERACTIONS AND CAUSES OF THEIR OCCURRENCES
Journal Title: Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu - Year 2017, Vol 0, Issue 3
Abstract
The goal of the research is to present relations between the ability to generate value and risk in agribusiness companies. The ability to generate value of analyzed entities was determined using a rate of return on invested capital expressed by economic value addend (EVA). To characterize the risk of business indicators of operating and financial leverage were used. In periods of higher leverage lower rates of return on invested capital were noticed. The main reason for growth of the degree of leverage was an increase in the share of fixed cost in gross margin along with a decrease of operating profit. This gave an evidence of a negative influence of risk expressed by leverage on ability to generate value in agribusiness companies.<br/><br/>
Authors and Affiliations
Serhiy Zabolotnyy
Keywords
Related Articles
- EP ID EP346171
- DOI 10.5604/01.3001.0010.3267
- Views 57
- Downloads 0
Handel zagraniczny owocami i przetworami w Polsce w latach 2004-2014
Celem opracowania jest określenie zmian w polskim handlu zagranicznym owocami i ich przetworami w latach 2004-2014. Źródła danych wtórnych pochodziły głównie z analiz rynkowych IERiGŻ-PIB, danych GUS, FAMMU/FAPA, ARR i i...
SOLAR ENERGY IN THE UE – STATE OF THE ART AND DEVELOPMENT TRENDS
The structure of acquisition of energy from renewable sources in the EU shows that till now biomass was of the greatest importance, it is generally available and may be used for direct combustion (e.g. wood, straw, sewag...
SUGAR AND SUGAR BEET PRODUCTION IN TURKEY AND POLAND IN THE YEARS 1995-2014
The work summarizes changes, which involved the sugar and sugar beet production in Turkey and in Poland, in the years 1995-2014. Sugar beet area in Turkey has decreased by 7% and in Poland by 48%. Harvest has increased b...
CHANGES IN THE DEVELOPMENT OF THE SECTOR OF LIQUID BIOFUELS
On the background of legal regulations amendments in Poland and the European Union the changes in the development of the sector of liquid biofuels in the years 2005-2014 were presented. The requirements of the Directive...
FOOD DEVELOPMENT INDUSTRY IN POLAND IN THE CONTEXT OF GLOBALISATION
The aim of the study was to determine the changes that occurred in the food industry in the context of globalization of the world economy. Analysis concerned the size and structure of foreign direct investment to the agr...