Wyniki wyszukiwania - Biblioteka Nauki

1

Determinanty płynności finansowej przedsiębiorstw

100%

Sierpińska M.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2004

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tom Nr 43, t. 2

851-860

EN

The company's ability to pay its liabilities on time is influenced by both macro-economical factors (such as the development of financial markets, the market of fusions and takeovers, interest rate, tax systems, etc.) and internal micro-economical factors. The factors have been included in the model of determinants of financial liquidity. The empirical observations that have been carried on proved that the structure of the assets depends on the specification of trade. In the laborious clothing industry the current assets dominate the total assets. On the contrary the total assets of capital-intensive steel industry are dominated by fixed assets. Although in both industries the companies are not over-indepted the structure of debts is not correct enough. The overwhelming part of the companies' debts consist of short term liabilities what results in difficulties in retaining the finance liquidity.

2

Crisis Caused Changes in Intrinsic Liquidity Value in Non-profit Institutions

80%

Michalski G.

Equilibrium. Quarterly Journal of Economics and Economic Policy

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2012

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tom 7

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nr 2

EN

Liquid assets which non-profit institutions hold are not a source of any special interests and although the close to cash assets together with credit lines available for non-profit institution are connected with resigning from realizing a part of income or costs, non-profit institutions decide to hold some liquidity reserves. This results not only from transactional needs, but also from precautional and speculative reasons. Investment in liquid reserves resulting from speculative demand for money may be assessed by usage of capital budgeting methods. In the paper, each of these aspects of liquidity was taken into consideration and presented from non-profit perspective. Non-profit liquidity value determination may often significantly contribute to the solution of working capital management problems in these institutions.

3

Ekonometryczna analiza rygorystycznych zobowiązań pieniężnych małego przedsiębiorstwa

80%

Wiśniewski J. W. , Wiśniewska E.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2004

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tom Nr 43, t. 2

985-994

EN

From the beginning of the nineties our century, small enterprises in Poland have been facing growing difficulties in competition with other entities, which have a range of privileges. The liquidity of small enterprise decides about its existence. Small entrepreneurs' uses mainly finance sources in form of takings, coming from the sale of goods and services. He has limited access to other sources of finance as banking credit for example. The important component of financial analysis of the enterprise, is the evaluation of the share of rigorous finance obligations during one month. The rigorous finance obligations are mainly: income tax, value added tax, social security payments, and wages of the workers. The growing trend of the rigorous finance payments share, independently from big seasonal fluctuations, decreases security of the enterprise. The reasons of such an inconvenient tendency are mainly: growing competition, not advantageous law regulations, and badly functioning system of execution of entrepreneur-creditor law.

4

Ocena statycznej płynności finansowej spółek portowych funkcjonujących w portach morskich

80%

Urbańczyk E.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2004

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tom Nr 42

163-180

EN

The firm's liquidity is of distinct interest to creditors, as it indicates the ability to cover outstanding obligations when they are due. There are untold examples of companies being forced into receivership because they have become illiquid despite otherwise good operating results. Net working capital is of interest primarily for internal control, but the current ratio and acid test should be seen in relation to figures commonly accepted in the particular industry.

5

Wypłacalność a płynność finansowa przedsiębiorstwa

80%

Mioduchowska-Jaroszewicz E.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2003

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tom Nr 41

253-261

EN

Article is test of definition of notion of solvency on background of used notions in economic literature, such as: liquidity financial, ability credit, ability of payments, bankruptcy. Author defines notion of solvency in article as ability to regulations all of liabilites, her possession depends from market values in given time fortune topping value of liabilites on this oneself time, in which we qualify solvency of firm and ability to generating of financial surpluses, making possible his development.

6

Application of Factoring in Business Operations

80%

Baranowski B.

Polish Journal of Political Science

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2023

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tom 9

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nr 2

22-32

EN

Assignment of receivables as an institution of current civil law is rooted in ancient legal systems. The abovementioned institution was introduced to the Polish legal system under the Code of Obligations of 27 October 1933. This solution occurs in various specific forms serving various legal and economic goals, beginning with the satisfaction of claims of individuals, to securing a claim, to improvement of financial liquidity of the assignor. Thanks to the constant development of the above legal institution it functions in numerous legal systems and constitutes a real support in securing business transactions and making them more efficient.

7

Badanie płynności finansowej w kopalni węgla brunatnego

80%

Rychter D.

Górnictwo Odkrywkowe

|

2003

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tom R. 45, nr 1

33-44

PL

W artykule przedstawiono czynniki wpływające na płynność finansową kopalni węgla brunatnego. Zaakceptowano, ze statystyczny pomiar płynności w okresach rocznych jest niewystarczający, a najpełniejsze jej badanie dokonuje się na podstawie analizy dynamicznej opartej na strumieniu przepływu środków pieniężnych. Zwrócono uwagę na różnice i niekiedy spore rozbieżności pomiędzy osiąganym przez kopalnię zyskiem, a jej wypłacalnością czyli zdolnością do regulowania zobowiązań bieżących.

EN

In the article are described the factors influencing the financial liquidity in brown coal mines is insufficient for the evaluation of the current financial situation of these mines. The most complete investigation of financial liquidity is made on the basis of its dynamic measurement supported by the stream of the flow of financial means. It shows the differences between the obtaining profit of the brown coal mines and solvency.

8

The relationship between profitability and financial liquidity among the importers of best-selling brands of new cars in poland

80%

Łojek P.

Central European Economic Journal

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2020

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tom 7

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nr 54

EN

The automotive industry is a particularly sensitive sector of the economy. Numerous legal changes have been introduced in Poland that may affect the company's liquidity and profitability. Sales of new vehicles in Poland were very high until the end of 2019. I have presented the most recently available financial data, and hence it can be concluded that they are not distorted. The article discusses the issue of cash flow statements and the associated financial ratios, as well as assesses the financial liquidity among the importers of new, ten best-selling car makers in Poland between 2015 and 2019. Moreover, I have analysed the relationship between profitability ratios and liquidity ratios as well as cash adequacy ratios during this period. According to my findings, in most cases, there is a positive and strong relationship between profitability and financial liquidity in the automotive industry.

9

Kryzys lat 2007–2009 i luka informacyjna w sektorze finansowym

80%

Siwiński W.

Management and Business Administration. Central Europe

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2013

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tom 21

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nr 2(121)

6-22

XX

Purpose: The paper aims at identifying the major information gaps related to the financial sector that have emerged during the last years, including the explanation of the reasons and consequences of these gaps. Methodology: The analysis is conducted using the descriptive methodology based on real developments in the financial sector. This analysis identifies substantial institutional changes within the financial sector combined with the introduction of new financial instruments that significantly increased information gaps related to financial developments. Findings: We found that one of the main reasons for the breakdown in the financial liquidity market was the sudden buildup of a systemic risk caused, among other things, by substantial information gaps and limitations in the transparency of financial markets. The low transparency of the financial markets has been caused by institutional changes and new financial instruments introduced within the financial sector. They were introduced by the financial institutions themselves to facilitate very risky financial activities that were very profitable for them in the short term, but – as it occurred – very disruptive for the whole financial system and the whole economy in the longer term. Research limitations: The analysis is limited only to the consideration of the causes and consequences of statistical gaps substantially reducing the transparency of the financial sector. A more comprehensive project should also explore and provide an appropriate proposal for remedy data and – even more important – a proposal to set up a macroprudential policy framework. Originality: The original contribution of the paper is the link between specific institutional changes within the financial sector as well as new financial instruments and the emergence of particular information gaps.

10

Optymalna wielkość wskaźnika bieżącej płynności finansowej w przedsiębiorstwach sektora budowlanego

80%

Mioduchowska-Jawszewicz E.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2006

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tom Nr 47

261--272

EN

Research financial liquidity is very criterion by probability. By practice economy and economic literature very much to identify with three degree liquidity's financial and thesis optimum is discuses. Aim article was to take a position on optimum current and quick liquidity financial.

11

Dynamic measurement of the financial liquidity of Polish companies listed on the Warsaw Stock Exchange between 2002 and 2017: cross-sectoral comparative analysis - Part 2

80%

Mosiejko L. , Bernardelli M.

Journal of Management and Financial Sciences

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2020

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nr 41

9-32

EN

The purpose of the present research was to analyse Polish listed companies in terms of liquidity management in 2002-2017 in a dynamic context. Evaluation of the dynamic model of corporate financial liquidity was carried out with the use of classical descriptive statistics tools and methods applied in such analyses. The companies were analysed in the new sectoral layout implemented by the Management Board of the Warsaw Stock Exchange in January 2017. The study of the dynamic financial liquidity of enterprises on the basis of selected ratios consisted of two parts. In the first part of the study, a series of medians was determined for each of the liquidity ratios in particular sectors. Each element of the series is associated with the quarter from which the data came. The ratios within sectors were then compared so that coexistence of changes over time, shifts in relation to one another, or the lack of clear interdependencies could be observed. Unlike the first part, which covered the relationship between the different ratios within a sector, the second part focuses on cross-sectoral comparative analysis. Descriptive statistics based on quantiles were derived for data covering the entire period under consideration and for all enterprises in the sector. Half of the surveyed listed companies (i.e. all the ratio values between the first and third quartiles), were adopted as the central standard. Numerical values of standards for particular ratios and sectors are presented in a tabular form.

12

Wielokierunkowa ocena sytuacji finansowej TP SA

80%

Rogowski A. , Kamieniecki W.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2004

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tom Nr 43, t. 1

659-669

EN

The financial analysis is ongoing process that uses all financial data generated in the courses of the firm's activities. The financial manager's analytical work comprises exposition of accounting and financial data in forms allowing an overview of the firm' financial condition. This process is known as ratio analysis. Financial ratios are for practical use grouped into three categories, which are labelled activity ratios, profitability ratios and debt ratios.

13

Management of Receivables on the Example of Business Entities from the Płock Subregion

80%

Felic B. , Grabowska M. , Krzętowska A. , Piekut M. , Walczak R.

Foundations of Management

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2013

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tom 5

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nr 2

69-80

EN

The article presents a problem and differences of financial liquidity and profitability. The survey of financial liquidity and profitability, underwritten by the College of Economics and Social Sciences of Warsaw University of Technology, was conducted on Płock Subregion enterprises. The survey concerned cash flow management, receivables controlling, trade credits, different payments and receivables. The results of the conducted survey indicate that the majority of companies from the subregion of Płock suffer several problems and despite a wide range of possibilities of using different tools for the management of receivables, the respondents do not use them efficiently. The survey has shown that most of them applies only the most popular, simplest and cheapest solutions, but, consequently the least efficient.

14

W poszukiwaniu ładu terminologicznego: zdolność płatnicza, płynność finansowa, wypłacalność

80%

Stępień K.

Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie

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2013

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nr 908

93-102

EN

Being solvent determines whether or not an enterprise exists in a market economy. A lack of solvency is therefore one reason businesses fail. In the economics literature, beside the notion of solvency there are also the ideas of financial liquidity and the ability to pay. Some authors identify these notions as being interchangeable, while others differentiate them, ascribing to them different essential ranges and a different character of mutual relation. This paper explains the meaning of these notions and also describes the mutual relations between them.

15

The liquidity management with application of artificial intelligence techniques

70%

Relich M.

Management

|

2008

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tom Vol. 12, no 2

176-184

EN

This paper presents the liquidity management with the application the data mining techniques. In proposed approach used the neurofuzzy system, that seeks the relations in data base of enterprise. It is an alternative approach as compared to the ones that have been applied so far. The example presented in this paper relates the estimation a delay in accounts receivable payment. There was led to the comparison of the conventional approach results with the reverse approach results. Additional on the base the sought rules, there can try improve the liquidity level.

PL

W artykule przedstawiono wykorzystanie systemu rozmytoneuronowego do zarządzania płynnością finansową, obejmującego monitorowanie i sterowanie przepływami pieniężnymi. Zaproponowane podejście zostało oparte na systemie hybrydowym, łączącym techniki sztucznych sieci neuronowych z formalizmem zbiorów rozmytych. System ten wyszukuje zależności pomiędzy warunkami transakcji sprzedaży a długością okresu opóźnienia płatności należności przez klienta. Wyodrębnione zależności są przedstawione w postaci bazy reguł rozmytych, która jest podstawą planowania przepływów pieniężnych oraz sterowania płynnością finansową.

16

Rentowność i płynność finansowa jako warunek funkcjonowania i rozwoju przedsiębiorstw

70%

Adamczyk J.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2004

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tom Nr 43, t. 2

789-797

EN

Identification of enterprises goals is especially important in management process. The most important purpose is assuring the long-term development and required growth. In order to achieve it, maximization of profit is fundamental. The profit appears as a substantial condition of functional balance and essential mean of assuring the development of enterprises. Simultaneously, in order to keep continuity of activity, enterprise has to have financial liquidity. In the article, formation and profitability and financial liquidity was presented at the example of selected company and group of enterprises. In the analyzed period (1996-2002) the enterprises evidenced of low liquidity with downward tendency and worsening profitability, including loss. On optimistic conclusion are symptoms of boom, observed till the beginning of 2003.

17

Wpływ otoczenia przedsiębiorstwa na wartość płynności finansowej

70%

Walewski P. K.

Pieniądze i Więź

|

2012

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tom 15

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nr 4(57)

120-127

EN

The article investigates one of the still unsolved problems in the theory of corporate finance – what is the value of financial liquidity and to what extent is it determined by external factors originating from the business environment. Based upon the conducted research there has been observed a relationship between the value of financial liquidity and phases of the economic cycle. Differences in the value of liquidity exist between businesses operating on markets with different development level. The research is a significant step towards a detailed analysis of how exogenous factors impact the value of corporate financial liquidity.

18

Planowanie finansowe w zarządzaniu przedsiębiorstwem górniczym

60%

Bąk P.

Wiadomości Górnicze

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2012

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tom R. 63, nr 10

568--571

PL

Potrzeba planowania finansowego wynika z dążenia przedsiębiorstwa do maksymalizacji wartości i zachowania płynności. Planowanie finansowe jest niezbędnym narzędziem realizacji priorytetowych celów działania każdego podmiotu gospodarczego. Potrzeba planowania w przedsiębiorstwie górniczym jest podyktowana przede wszystkim tym, że niepewność i ryzyko w procesie podejmowania decyzji są często znacznie większe niż w innych przedsiębiorstwach. Zagrożenia realizacji strategicznych planów spółki węglowej wynikają z funkcjonowania w warunkach otwartej konkurencji oraz wielu czynników o charakterze specyficznym dla przedsiębiorstw górniczych.

EN

The need for financial planning results from the desire of a company to maximize the value and maintain liquidity. Financial planning is an essential tool for achieving the priority objectives of each economic operator. The need for planning in a mining company is dictated primarily by the fact that uncertainty and risk in decision-making are often much higher than in other companies. Threats to the implementation of strategic plans of a company result from the operation in an open competition and a number of factors specific to the mining companies.

19

Lukogap jako metoda zarządzania ryzykiem płynności finansowe] na przykładzie przedsiębiorstwa bankowego

60%

Rudawska M.

Zeszyty Naukowe. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw / Uniwersytet Szczeciński

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2004

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tom Nr 43, t. 2

945-957

EN

The aim of the article is to present liquidity risk as an important element of banking activity. This risk is an important risk category in banking. The management of liquidity is a problem in every bank. GAP is one of method gain general confidence on the bank. This method allow define current financial position in the bank. The author attempts to research of fluency in select bank X. The article also presents the cycle of deposit-credit in describe bank. Traditional methods not are practical as a GAP. Method GAP is practical method near calculation at every bank the risk of fluency.

20

Model of financial controlling

60%

Sedliacikova M.

Annals of Warsaw University of Life Sciences - SGGW. Forestry and Wood Technology

|

2014

|

tom 88

EN

Financial controlling is the subsystem of the enterprise controlling, which main task is to ensure the liquidity of the company at the simultaneous regard of profitability aims in any moment. The aim of this paper is to analyse the theoretic and practical approaches to the fundamentals, place, roles, and functions and to the contents of the financial controlling. From this analysis of the work of domestic and foreign authors we suggested our own approach to the problem of financial controlling and its schedule of implementation to the small and medium-size wood-processing enterprises. The proposed model is integrated to the subsystem of the operative controlling and puts accent to relations among single subsystems of controlling.