engleski

Inter-sectoral analysis of financial behavior of medium sized enterprises in Croatia

The paper analyzes the financial behavior of Croatian enterprises, especially the frequency and size of financial leverage used by similar size enterprises from different industries. Productivity and profitability rates, the share of own and borrowed capital, production and profit margins and ratios vary among industries. On the financial behavior and the use of financial leverage other market factors also affect. Some of these affect the whole economy, and some only specific industries or individual enterprises. Moreover, the financial behaviors of enterprises also affect future business results. The paper analyzes the manner in which financial leverage is being managed and used in medium sized enterprises from different industries which operate on the same market and on the same conditions.

financial leverage ; financial behavior ; SME ; credit flow

This work has been supported by the Croatian Science Foundation under the project no. 6558 – Business and Personal Insolvency – the Ways to Overcome Excessive Indebtedness and by the University of Rijeka under the project no. 13.02.1.2.09