Static and Dynamic Indicators in the Analysis of Internal Sources of Companies’ Investments Financing

Rajko Bukvić (), Radica Pavlović and Aleksandar Gajić

MPRA Paper from University Library of Munich, Germany

Abstract: The Republic of Serbia is characterized by an unsatisfactory macroeconomic environment. Under the conditions of an evident shortage of liquid assets, the financial capital has moved from real to the financial sector, which led companies to over-indebtedness and shutdown of their own capacities. Therefore, capital investments largely depend on internal financing sources and the ability of companies to internally generate funds for investments. In this regard, an emphasis is placed on the difference in the assessment of the company’s investment capacity based on internal financing sources, which are measured using static and dynamic indicators in order to prove the necessity of applying dynamic coefficients, which are unfortunately not present in our domestic practice. The paper examines and proves the advantages of the use of the dynamic approach for such analyses using the example of energy sector, which is one of the most important branches in Serbian economy.

Keywords: dynamic and static coefficients; dynamic analysis; investments; financing; sources; dispersion analysis (search for similar items in EconPapers)
JEL-codes: E22 G17 G31 G32 M40 M49 (search for similar items in EconPapers)
Date: 2017, Revised 2017
New Economics Papers: this item is included in nep-cfn, nep-mac and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Journal of Modern Accounting and Auditing 3.13(2017): pp. 108-120

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/79810/1/MPRA_paper_79810.pdf original version (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:pra:mprapa:79810

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().