Economic synergy: liquidity and activity in V4 enterprises
Economic synergy: liquidity and activity in V4 enterprises
Author(s): Juscius Vytautas, Jarosław Korpysa, Roman BlazekSubject(s): Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Žilinska univerzita v Žiline, Fakulta prevádzky a ekonomiky dopravy a spojov, Katedra ekonomiky
Keywords: Friedman test; liquidity indicators; activity indicators; Visegrad Group;
Summary/Abstract: Research background: It is essential to examine the correlation between liquidity and enterprise activity in the Visegrad Group, which comprises Central European countries, given the current economic conditions. These variables are the basis for economic synergy and operate as crucial factors in determining the financial sustainability and competitiveness of firms in the region. Purpose of the article: This essay aims to offer a comprehensive comprehension of the correlation between liquidity and activity in V4 firms. We examine the reciprocal impact and collective contribution of these two factors on regional economic dynamics. We aim to analyse the fundamental elements that influence this connection and provide precise suggestions for the commercial setting. Methods: We utilised an amalgamation of quantitative and statistical methodologies in order to accomplish the predetermined goals. Median values for specific liquidity and activity indicators among V4 enterprises were computed using Microsoft Excel for the quantitative analysis. Furthermore, the significance of variations between years was evaluated by employing the Friedman test. Findings & Value added: Our research demonstrates that activity and liquidity have a substantial effect on the V4 economy. We have identified and illustrated the variation of important factors that influence this relationship across industries. This article enhances comprehension of economic synergy in the region and provides business leaders, economists, and the general public with an interest in Central European business matters with insightful information.
Journal: Ekonomicko-manazerske spektrum
- Issue Year: 18/2024
- Issue No: 1
- Page Range: 1-15
- Page Count: 15
- Language: English