ASSESSMENT OF AGRICULTURAL COMPANIES' FINANCIAL LIQUIDITY

• Authors: Franc-Dabrowska J.
• Languages of publication: PL

Abstracts

EN

This article presents results of research on liquidity ratios levels in companies operating in agricultural sector. About 356 companies were analyzed in the years 1996-2005. It was concluded that farmers were keeping liquidity ratios at higher levels than suggested in literature (average levels were taken as a measure). Farmers keeping liquidity ratios at lower levels (close to optimal values) were operating in a more effective way. Some of the farmers with higher liquidity ratios levels were driven by conservative, risk averse approach, the others were postponing repayment of their debts depending on collected receivables, leading to payment jams in the agricultural sector. In summary, it was stated that specific character of agricultural company should be assessed as pertaining to organizational and not financial area, and consequently financial liquidity in agricultural companies should be assessed against the optimum value described in literature.

Keywords

EN

AGRICULTURAL FARMS; FINANCIAL LIQUIDITY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej – Państwowy Instytut Badawczy
• Journal: Zagadnienia Ekonomiki Rolnej
• Year: 2008
• Issue: 1(314)
• Pages: 43-59
• Document type: ARTICLE

Contributors

author

Franc-Dabrowska J.

• J. Franc-Dabrowska, Szkola Glówna Gospodarstwa Wiejskiego, ul. Nowoursynowska 166, 02-787 Warszawa, Poland

Identifiers

CEJSH db identifier

08PLAAAA04438586