SELECTED FINANCIAL MEASURES AND WORKING CAPITAL MANAGEMENT STRATEGY ON THE EXAMPLE OF THE FOOD INDUSTRY COMPANIES

Abstract

The article presents the dependency between companies’ selected financial measures and the working capital management strategy. One-Factor Analysis of Variance has been used to accomplish the defined aim of the work. The research involved the food industry companies registered at the Warsaw Stock Exchange between years 2004-2012. The effects of the conducted analysis indicate that the working capital management strategy significantly differentiates the analyzed financial measures of companies. Accordingly, companies implementing an aggressive working capital management presented significantly higher sales revenue and net profit when compared to companies with more rigorous strategies.<br/><br/>

Authors and Affiliations

Agnieszka Kuś, Magdalena Pawlik

Keywords

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  • EP ID EP383781
  • DOI -
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How To Cite

Agnieszka Kuś, Magdalena Pawlik (2016). SELECTED FINANCIAL MEASURES AND WORKING CAPITAL MANAGEMENT STRATEGY ON THE EXAMPLE OF THE FOOD INDUSTRY COMPANIES. Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu, 18(3), 217-222. https://europub.co.uk/articles/-A-383781