Zróżnicowanie kondycji finansowej korporacji w Europie Wschodniej w czasie spowolnienia gospodarczego
Differentiation of the financial condition of corporations in Eastern Europe during economic recession
Author(s): Piotr RaźniakSubject(s): Business Economy / Management, Financial Markets, Human Resources in Economy
Published by: Oficyna Wydawnicza AFM Uniwersytetu Andrzeja Frycza Modrzewskiego w Krakowie
Keywords: Corporation; headquarters; Deloitte; recession
Summary/Abstract: This article examines differences in the financial status of the largest corporations in Central Europe. The number of companies’ revenues and net income has been aggregated to the country where the management headquarter is located. It has been shown that the global economic crisis generally did not affect the condition of the analysed companies, although there is a strong regional variation. Higher dynamics of revenues and net income characterized the countries located in the northern part of Central Europe, where the highest income is generated by Polish and Czech corporations. The largest economy measured by GDP is not necessarily conducive to high performance corrected for one corporation. The highest number of corporations in Poland created the highest revenues and net income, but the revenues and net income of individual companies was only average. In turn, companies located in countries with smaller economies generate higher average net income and revenues, as noted in Slovenia, Bulgaria and Macedonia.
Journal: Państwo i Społeczeństwo
- Issue Year: XVII/2017
- Issue No: 2
- Page Range: 57-69
- Page Count: 13
- Language: Polish