Język Polski
English
Published
:
2007-12-30
The Financial Liquidity of Polish Small and Medium-sized Enterprises between 2002 and 2004
Jarosław Kubiak
Abstract
The objective of the paper is to present the methods for measuring liquidity and to apply these to assessing the liquidity of Polish business enterprises in the 2002-2004 period. The paper demonstrates that the liquidity measurement should match the purpose of intended analysis. Furthermore, it is vital that the measurement not be based on benchmarking against "universal standards" only but on comparison against an industry or sector average as well. The author's study indicates a general improvement in the liquidity ratios of Polish companies between 2002 and 2004. It should be noted, however, that the lowest liquidity levels were found among small businesses. This is largely attributable to the observed deficiencies of the capital financing system. (original abstract)Keywords:
Small business, Enterprise finance, Enterprises financial liquidity, Scientific researchMost read articles by the same author(s)
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Kubiak, J. (2007). The Financial Liquidity of Polish Small and Medium-sized Enterprises between 2002 and 2004. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 20(20). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1721