Analiza wpływu wskaźników płynności i rentowności na kształtowanie się ekonomicznej wartości dodanej na przykładzie spółek notowanych na GPW w Warszaw
Liquidity and profitability ratios influence on economic value added basing on companies listed on the Warsaw Stock Exchange
Author(s): Monika Bolek, Rafał Wolski, Marta KacprzykSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: EVA; profitability; liquidity
Summary/Abstract: The aim of this study is to examine whether managing without a formalized system based on values, one can effectively create value for shareholders. The study was conducted on Polish companies listed on the WSE and there was a universal method of calculating the indicator EVA for all companies adopted. It has been shown that there is a negative correlation between the EVA and tested indicators of liquidity, which partly confirmed the suppositions of the authors. There has not been confirmed logical assumption that the growth of profitability ratio increases the growth of EVA.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2012
- Issue No: 271 vol 1
- Page Range: 279-288
- Page Count: 10
- Language: Polish