Factors Shaping the Level of the Financial Liquidity of Enterprises


In the article an attempt has been undertaken to determine the power and direction of the influence of chosen factors on the level of financial liquidity, applying the method of the regression. Constructed regression models showed, that factors most strongly shaping the level of the financial liquidity were a politics of managing current liabilities and, at least to a lesser degree, politics of managing of inventory, amounts due and the cash. Examina-tions showed the positive influence of the profitability on the level of the financial liquidity, but the influence was marginal.


Financial liquidity; Inventories; Receivables cycle; Financial liabilities; Enterprise profitability; Econometric methodology

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Published : 2008-12-31

Bieniasz, A., & Gołaś, Z. (2008). Factors Shaping the Level of the Financial Liquidity of Enterprises. Journal of Agribusiness and Rural Development, 8(2), 5-11. Retrieved from http://www1.up.poznan.pl/jard/index.php/jard/article/view/902

Anna Bieniasz  bieniasz@up.poznan.pl
Uniwersytet Przyrodniczy w Poznaniu  Poland
Zbigniew Gołaś 
Uniwersytet Przyrodniczy w Poznaniu  Poland

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