EconPapers    
Economics at your fingertips  
 

The impact of the exchange rate on the financial result of enterprises in the transport sector

Patrycja Krawczyk () and Patrycja Kokot-Stepien ()
Additional contact information
Patrycja Krawczyk: Czestochowa University of Technology
Patrycja Kokot-Stepien: Czestochowa University of Technology

Ekonomia i Prawo, 2020, vol. 19, issue 1, 47-60

Abstract: Motivation: Transport is one of the most important elements that have a major impact on economic development in various countries around the world. Among the main factors that affect the evolution of transport is the development of consumerism, globalization, as well as the modernization of road infrastructure. There are more and more transport companies on the market, which is supported by the dynamic pace of life and the provision of services in the shortest possible time, at the lowest possible price. Therefore, transport companies are a very important economic link. Many factors affect their economic condition, one of them being the exchange rate. Aim: The aim of the article is to show the relationship between exchange rates and financial results of Polish enterprises in the transport sector. The analysis will show the profits and costs in relation to the exchange rates (Zloty to the Euro, US Dollar, British Pound and Swiss Franc). The expected research period will cover the years 2010–2017. Results: The basis of the conducted analyzes will examined the dependence of the financial result (including revenues and costs) on the exchange rates (USD/PLN, EUR/PLN, GBP/PLN, CHF/PLN).

Keywords: correlation; exchange rate; financial result; transport industry (search for similar items in EconPapers)
JEL-codes: R40 C58 F31 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.12775/EiP.2020.004 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkeip:v:19:y:2020:i:1:p:47-60

Access Statistics for this article

Ekonomia i Prawo is currently edited by Barbara Polszakiewicz and Jerzy Boehlke

More articles in Ekonomia i Prawo from Uniwersytet Mikolaja Kopernika
Bibliographic data for series maintained by Miroslawa Buczynska ().

 
Page updated 2020-07-08
Handle: RePEc:cpn:umkeip:v:19:y:2020:i:1:p:47-60