THE ECONOMIC RECESSION AND WORKING CAPITAL MANAGEMENT OF COMPANIES IN POLAND

Małgotrzata B. Okręglicka

Economy & Business Journal, 2014, vol. 8, issue 1, 696-706

Abstract: Working capital is the most liquid and dynamic component of total assets. Working capital management, as the core content of short-term corporate finance, is vital to enterprises' survival and development. This article aims to highlight the impact of the economic recession in the economy at the enterprises' working capital and strategy of its management. It is suggested that working capital requirements and liquidity needs increase for firms when the economy is in poor economic conditions or is in recession. This article focuses on the analysis of the changes in working capital management and based on financial data of companies in Poland.

Keywords: working capital management; recession; liquidity; poland (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.scientific-publications.net/get/1000007/1409341076224954.pdf (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:isp:journl:v:8:y:2014:i:1:p:696-706

Access Statistics for this article

More articles in Economy & Business Journal from International Scientific Publications, Bulgaria
Bibliographic data for series maintained by Svetoslav Ivanov ().