Sectoral diversity of financial liquidity of enterprises
Journal Title: Zarządzanie i Finanse - Year 2013, Vol 11, Issue 1
Abstract
Financial liquidity is condition of the company’s proper functioning. The financial liquidity has a huge impact on company’s survival on the market and perspective of its development. This article mainly focuses on diversity of financial liquidity depending on sectors where a given enterprise operates. The analysis confirms that the values of indicators from area of financial liquidity are strongly diverse between sectors. This difference cannot be eliminated by the correction of liquidity indicators by time indicators as proposed by the literature. Additionally, the study shows that managers of the most profitable stock companies create values of indicators from area of financial liquidity which are significantly different than recommended in the literature of the subject.
Authors and Affiliations
Piotr Figura
Manager of Tomorrow, increase practical skills of students as part of creating the pre-academic entrepreneurship
Modern universities have been forced by market conditions to change the approach to the learning process and to redefine its role. Strong peer pressure led to the development of academic entrepreneurship, disclosing a ne...
Academic entrepreneurship. Operational concepts and regional support system for spin-offs and spin-outs in Lesser Poland County
This article presents the essence of academic entrepreneurship in American, Brit-ish and European contexts as well as the concept of companies merging science and economy. The issues discussed are the requirements...
Teoria i praktyka funkcjonowania piramidy finansowej versus studium przypadku upadłości Amber Gold Sp. z o.o.
Wraz z rosnącą swobodą działalności gospodarczej pojawia się coraz więcej innowacyjnych, jednak nie zawsze w dobrym tego słowa znaczeniu, pomysłów prowadzenia działalności gospodarczej. Autorzy artykułu podjęli się opisu...
Znaczenie ocen ratingowych na rynkach obligacji korporacyjnych
W artykule podjęto próbę oceny znaczenia not ratingowych na rynku obligacji korporacyjnych w świetle wydarzeń kryzysu finansowego XXI w. Tworząc podstawy dla prowadzonych rozważań, w pierwszej kolejności określono...
Perception of the EFQM excellence model application in terms of market success
The paper presents general information about the EFQM model and the Competition for Wielkopolska Quality Award (WNJ) and their importance in the implementation of TQM. Characteristics of excellence model has been extende...