IDEAS home Printed from https://ideas.repec.org/a/vrs/ecocul/v13y2016i1p88-96n9.html
   My bibliography  Save this article

The Issues of the Management of Receivables: Lithuanian Case

Author

Listed:
  • Remeikiene Rita

    (Mykolas Romeris University, Lithuania)

  • Gaspareniene Ligita

    (Mykolas Romeris University, Lithuania)

  • Grigaliune Gintare

    (Mykolas Romeris University, Lithuania)

Abstract

Constant changes in business environment determine the significance of receivables to business. The analysis of the current situation in Lithuania has revealed that a substantial part of business enterprises are facing the problem of overdue receivables. This issue emerged as extremely topical after the beginning of the economic crisis in 2008. A number of scientific studies confirmed that the level of receivables has a significant impact not only on smooth business operation but also on operational results and serves as the cause of numerous economic and social problems, faced by both business enterprises and the state. Rising level of receivables determines slower recovery of total economics because it has a negative impact on the sustainability of the public sector of the country. In addition, the scientists highlight economic problems such as production capacity losses, general decrease in competitiveness and failure to satisfy the debt claims. The social problems include the increase in unemployment rate, fall of living standards, dissatisfaction with poor economics of the country and uncertainty about the future. The aim of this article is to analyse the impact of receivables on business in Lithuania. The methods of the research include scientific literature analysis and statistical data analysis.

Suggested Citation

  • Remeikiene Rita & Gaspareniene Ligita & Grigaliune Gintare, 2016. "The Issues of the Management of Receivables: Lithuanian Case," Economics and Culture, Sciendo, vol. 13(1), pages 88-96, June.
    • Handle: RePEc:vrs:ecocul:v:13:y:2016:i:1:p:88-96:n:9
    DOI: 10.1515/jec-2016-0011
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/jec-2016-0011
    Download Restriction: no
    File URL: https://libkey.io/10.1515/jec-2016-0011?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
    ---><---

    References listed on IDEAS

    as
    1. Dooley, Michael P., 2000. "Debt management and crisis in developing countries," Journal of Development Economics, Elsevier, vol. 63(1), pages 45-58, October.
    2. repec:adr:anecst:y:2004:i:73:p:05 is not listed on IDEAS
    3. repec:bla:jfinan:v:43:y:1988:i:5:p:1127-41 is not listed on IDEAS
    4. Frédéric Boissay, 2004. "Crédits interentreprises et délais de paiement : une théorie financière," Annals of Economics and Statistics, GENES, issue 73, pages 101-118.
    5. Rebecca Boden & Salima Yassia Paul, 2014. "Creditable behaviour? The intra-firm management of trade credit," Qualitative Research in Accounting & Management, Emerald Group Publishing Limited, vol. 11(3), pages 260-275, September.
    6. Haitham Nobanee & Jaya Abraham, 2015. "Current assets management of small enterprises," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 42(4), pages 549-560, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Inès Chaari & Jézabel Couppey-Soubeyran, 2008. "La place des banques dans le financement de l’économie tunisienne," Revue d'Économie Financière, Programme National Persée, vol. 93(3), pages 297-317.
    2. Semjonova Nadežda, 2016. "Financial Security in the Baltic States: Comparison with Selected EU Countries," Economics and Business, Sciendo, vol. 29(1), pages 90-95, August.
    3. William C. Gruben & John H. Welch, 2001. "Banking and currency crisis recovery: Brazil's turnaround of 1999," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q IV, pages 12-23.
    4. Most Asikha Aktar & Mu’ath Hesham Metlaq Al-Azzam & Md. Mahmudul Alam, 2021. "Fair Debts Management for Sustainable Development," Post-Print hal-03520105, HAL.
    5. Mohamed, Elwasila, 2017. "Sustainability of Sudan External Debt up 2015 and beyond," MPRA Paper 79708, University Library of Munich, Germany.
    6. Hussein, Khaled A. & de Mello, Luiz Jr., 2001. "Is foreign debt portfolio management efficient in emerging economies?," Journal of Development Economics, Elsevier, vol. 66(1), pages 317-335, October.
    7. Jacek Jaworski & Leszek Czerwonka, 2022. "Which Determinants Matter for Working Capital Management in Energy Industry? The Case of European Union Economy," Energies, MDPI, vol. 15(9), pages 1-18, April.
    8. Morris Goldstein, 2001. "IMF Structural Conditionality: How Much is Too Much?," Working Paper Series WP01-4, Peterson Institute for International Economics.
    9. Grzegorz Zimon & Hossein Tarighi & Mahdi Salehi & Adam Sadowski, 2022. "Assessment of Financial Security of SMEs Operating in the Renewable Energy Industry during COVID-19 Pandemic," Energies, MDPI, vol. 15(24), pages 1-18, December.
    10. Jane Mpapalika, 2020. "Alternative Financing Instruments for African Economies," 2020 Papers pmp2, Job Market Papers.
    11. Ydriss Ziane, 2009. "Tests des motifs transactionnels et financiers du crédit commercial:le cas des firmes lorraines," Revue Finance Contrôle Stratégie, revues.org, vol. 12(1), pages 67-92, March.
    12. Togo, Eriko, 2007. "Coordinating public debt management with fiscal and monetary policies : an analytical framework," Policy Research Working Paper Series 4369, The World Bank.

    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:vrs:ecocul:v:13:y:2016:i:1:p:88-96:n:9. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    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.