IDEAS home Printed from https://ideas.repec.org/a/ags/iepeoa/244823.html
   My bibliography  Save this article

Аnalysis Of The Financial Position Of Agricultural Companies In The Republic Of Serbia

Author

Listed:
  • Jaksic, Dejan
  • Vukovic, Bojana
  • Mijic, Kristina

Abstract

The financial position of a company is determined by its financial balance, indebtedness, solvency, maintenance of real value of equity and reproductive ability. In order to recognize a financial position of agricultural companies as good, acceptable or bad, in this paper we observed the most important parameters of the financial position of agricultural companies in the Republic of Serbia. The research was based on a sample of 50 financial statements of agricultural companies. Comparison of indicators of the financial position of the companies in two consecutive years (2008, 2009) led to a conclusion that 70% of the agricultural companies had a bad financial position in both observed years. Bad financial position of the companies is a consequence of the lack of financial balance, and inability to maintain an acceptable level of liquidity. Bad financial position of most agricultural companies indicates the problem of agricultural branch as a whole, which requires systemic measures by strengthening financial position and therefore economic position of agricultural activity in Republic of Serbia.

Suggested Citation

  • Jaksic, Dejan & Vukovic, Bojana & Mijic, Kristina, 2011. "Аnalysis Of The Financial Position Of Agricultural Companies In The Republic Of Serbia," Economics of Agriculture, Institute of Agricultural Economics, vol. 58(01).
    • Handle: RePEc:ags:iepeoa:244823
    DOI: 10.22004/ag.econ.244823
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/244823/files/Article%206.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.244823?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iepeoa:244823. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iepbgyu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.