ANALYSIS OF MAJOR CAPITAL STRUCTURE INDEXES OF ORGANIZATIONS DEALING WITH SPORTS ACTIVITIES AND THEIR RELATION WITH THE NOTES TO THE FINANCIAL STATEMENT

Veronika Fenyves (), Zoltán Bács (), BÁBA Éva Bácsné () and Dóra Kerezsi ()
Additional contact information
Veronika Fenyves: University of Debrecen, Faculty of Economics and Business, Institute of Accounting and Finance, Debrecen, Hungary
Zoltán Bács: University of Debrecen, Faculty of Economics and Business, Institute of Accounting and Finance, Debrecen, Hungary
BÁBA Éva Bácsné: University of Debrecen, Faculty of Economics and Business, Institute of Rural Development, Tourism and Sports Management, Debrecen, Hungary
Dóra Kerezsi: University of Debrecen, Faculty of Economics and Business, Institute of Accounting and Finance, Debrecen, Hungary

Annals of Faculty of Economics, 2019, vol. 1, issue 2, 129-136

Abstract: GDP-measurable impact of the sports sector shows a growing tendency. It is one of the most defining elements of global economy, as it is constantly opening up new markets, with profit-oriented companies appearing, where the objective is to achieve profit and wealth. Therefore, it was considered important to examine the financial situation of various sports companies based on their annual statements. The purpose of the financial statement is to provide various market participants with information about the business situation of a company in order to support their decision-making process. In order to make informed decisions, it is essential to process and analyse the financial data disclosed in the statements. The analysis provides the management with essential information on the operation of the system and ensures its awareness. The aim of present study is to show the characteristics of profit-oriented organizations located and based in Hungary in the years 2014-2017, which have TEà OR (Hungarian version of NACE) 931 ‘sports activities’ as their primary business activity. The financial situation is presented through the analysis of the liabilities side of the balance sheet. The survey involves mapping the relationship of the indexes with the notes to the financial statement, namely their conformity with the mandatory content stipulated by the Accounting Act.

Keywords: sports sector; analysis of the financial situation; capital structure indexes; notes to the financial statement (search for similar items in EconPapers)
JEL-codes: Z23 (search for similar items in EconPapers)
Date: 2019
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://anale.steconomiceuoradea.ro/volume/2019/n2/013.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:ora:journl:v:1:y:2019:i:2:p:129-136

Access Statistics for this article

More articles in Annals of Faculty of Economics from University of Oradea, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Catalin ZMOLE ( this e-mail address is bad, please contact ).