GROWTH, PROFITABILITY AND LIQUIDITY OF POLISH ROAD TRANSPORTATION COMPANIES

Piotr Korneta ()
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Piotr Korneta: Warsaw University of Technology, Poland

Business Logistics in Modern Management, 2020, vol. 20, 75-88

Abstract: Fast growth of road transportation companies registered in Poland, whose fleet has become the largest in European Union has yet not received sufficient attention. Here relationships of profitability and financial liquidity and a company growth of sales for 2367 road transportation companies registered in Poland in period 2013 -2017 are studied. The static, linear, symptomatic and mezoeconomic econometric model is proposed and the analysis is based on the moving quartile, Spearman rho and Kendall tau-b coefficients and multi-segment piecewise-linear approximation with Theil-Sen trend lines. The relationships between the growth of sales and considered factors are not uniform and depend on a factor rage. The results of this study postu late positive relationship between the profitability and the growth of sales in a given range for studied companies. The optimum financial liquidity to increase the growth of sales for road transportation companies registered has been identified. Managerial implications and advantages following from the applied analysis are given.

Keywords: growth; profitability; financial liquidity; road transportation (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:osi:bulimm:v:20:y:2020:p:75-88

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