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Indicator Analysis In The Process Of Financial Security Management For The Wholesale Foodstuff Sector

Author

Listed:
  • Balina, Rafał
  • Nowak, Mirosława Marzena
  • Juszczyk, Sławomir

Abstract

Presented is the indicator analysis in the process of fi nancial security management for Poland’s wholesale foods sector. The study examined 160 wholesalers of foodstuff s, beverages and tobacco products (Polish commercial classifi - cations – PKD – from 46.31z to 46.39z), during the period 2008–2014. The study took advantage of corporate balance sheets, and profi ts and loss accounts of fi rms organized as limited liability entities and companies for scrutiny were chosen randomly. It was found that wholesaler liquidity diffi culty is a signal for other entities of fi nancial commercial stress which can consequently indicate diffi culty in payment for entrusted goods. The study confi rmed that the scrutinized companies have diffi culty in improving their liquidity and profi tability, potentially leading to bankruptcy as a result of negative opinions from potential investors.

Suggested Citation

  • Balina, Rafał & Nowak, Mirosława Marzena & Juszczyk, Sławomir, 2016. "Indicator Analysis In The Process Of Financial Security Management For The Wholesale Foodstuff Sector," Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland, vol. 40(2).
    • Handle: RePEc:ags:pojard:253768
    DOI: 10.22004/ag.econ.253768
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    References listed on IDEAS

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    1. Ohlson, Ja, 1980. "Financial Ratios And The Probabilistic Prediction Of Bankruptcy," Journal of Accounting Research, Wiley Blackwell, vol. 18(1), pages 109-131.
    2. Lins, Karl V. & Servaes, Henri & Tufano, Peter, 2010. "What drives corporate liquidity? An international survey of cash holdings and lines of credit," Journal of Financial Economics, Elsevier, vol. 98(1), pages 160-176, October.
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