PL EN


2008 | 1(314) | 23-42
Article title

DIVERSIFICATION AND DETERMINANTS OF FINANCIAL LIQUIDITY IN AGRICULTURE IN THE LIGHT OF SELECTED ASSETS AND CAPITAL RELATIONS AND REGRESSION ANALYSES

Authors
Content
Title variants
Languages of publication
PL
Abstracts
EN
The article presents results of studies of diversification of financial liquidity in European Union farms using FADN data. Moreover, it attempts to establish the factors determining financial liquidity level using econometric methods. The studies demonstrated, that economic activity in agriculture is usually characterised with financial liquidity higher than in non-agricultural sectors. This results from relatively lower engagement of short-term capitals and larger preference for long-term assets. In the light multiple regression models, the main factor determining the level of financial liquidity in farms is working capital management policy. The conducted studies show that its conservative character, determined by longer liabilities cycle and working capital cycle significantly reduces the risk for financial liquidity.
Year
Issue
Pages
23-42
Physical description
Document type
ARTICLE
Contributors
author
author
  • A. Bieniasz, Akademia Rolnicza w Poznaniu, ul. Wojska Polskiego 28, 60-637 Poznan, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
08PLAAAA04438589
YADDA identifier
bwmeta1.element.517e5c02-421b-30db-9f42-a8f6503734f8
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