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Pregled bibliografske jedinice broj: 980361

Debt to Equity Ratio of Listed Companies in Croatia and Poland


Roška, Vlasta; Remlein, Marzena
Debt to Equity Ratio of Listed Companies in Croatia and Poland // Book of Proceedings, 31th International Scientific Conference on Economic and Social Development– Legal Challenges of Modern World / Cingula, Marijan ; Rhein, Douglas ; Machrafi, Mustapha (ur.).
Split: Varazdin Development and Entrepreneurship Agency in cooperation with University North Faculty of Management University of Warsaw Faculty of Law, Economics and Social Sciences Sale - Mohammed V University in Rabat, 2018. str. 518-526 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)


Naslov
Debt to Equity Ratio of Listed Companies in Croatia and Poland

Autori
Roška, Vlasta ; Remlein, Marzena

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Book of Proceedings, 31th International Scientific Conference on Economic and Social Development– Legal Challenges of Modern World / Cingula, Marijan ; Rhein, Douglas ; Machrafi, Mustapha - Split : Varazdin Development and Entrepreneurship Agency in cooperation with University North Faculty of Management University of Warsaw Faculty of Law, Economics and Social Sciences Sale - Mohammed V University in Rabat, 2018, 518-526

Skup
, 31th International Scientific Conference on Economic and Social Development– Legal Challenges of Modern World

Mjesto i datum
Split, Hrvatska, 7-8 June, 2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Debt to Equity Ratio, Insolvency, Late Payment

Sažetak
The problems of late payment, liquidity and insolvency are present in any country’s economy. Financial discipline should be one of the main priorities for both business people and national administration. All of the EU countries implement the Directive 2011/7/EU on combating late payment in commercial transactions, yet, obviously, this is not enough. In both Croatia and Poland, entrepreneurs are constantly struggling against late payment of their receivables. Legislation of both countries implements not only Bankruptcy Law, but also a procedure for faster recovery of affected debtors. Pre- bankruptcy settlement in Croatia, or Restructuring Law in Poland, aims to prevent bankruptcy. The debt to equity ratio is one of the first indicators of financial crises. The main aim of this research was to test the debt to equity ratio of 107 companies listed in Croatia and Poland as well as find if there are any differences between Croatia and Poland. The results of both countries in terms of the debt- to-equity ratio were also compared to determine the average ratio between the normal and critical ratios, or 1.5 ratio. The research showed that there are differences between the countries: the average debt to equity ratio in Croatia is 2.19 (2016), compared with 1.57 (2016) in Poland. Furthermore, the companies in Croatia, compared to the companies in Poland, use much more external financing resources

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Ustanove
Sveučilište Libertas,
Sveučilište Sjever, Koprivnica

Autor s matičnim brojem:
Vlasta Roška, (318233)