АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA

The financial position of a company is determined by its financial balance, indebtedness, solvency, maintenance of real value of equity and reproductive ability. In order to recognize a financial position of agricultural companies as good, acceptable or bad, in this paper we observed the most impor...

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Main Authors: Dejan Jakšić, Bojana Vuković, Kristina Mijić
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2011-03-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:https://www.ea.bg.ac.rs/index.php/EA/article/view/862
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author Dejan Jakšić
Bojana Vuković
Kristina Mijić
author_facet Dejan Jakšić
Bojana Vuković
Kristina Mijić
author_sort Dejan Jakšić
collection DOAJ
description The financial position of a company is determined by its financial balance, indebtedness, solvency, maintenance of real value of equity and reproductive ability. In order to recognize a financial position of agricultural companies as good, acceptable or bad, in this paper we observed the most important parameters of the financial position of agricultural companies in the Republic of Serbia. The research was based on a sample of 50 financial statements of agricultural companies. Comparison of indicators of the financial position of the companies in two consecutive years (2008, 2009) led to a conclusion that 70% of the agricultural companies had a bad financial position in both observed years. Bad financial position of the companies is a consequence of the lack of financial balance, and inability to maintain an acceptable level of liquidity. Bad financial position of most agricultural companies indicates the problem of agricultural branch as a whole, which requires systemic measures by strengthening financial position and therefore economic position of agricultural activity in Republic of Serbia.
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publishDate 2011-03-01
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spelling doaj.art-106b9bb8d22c469eb4d53c79cddd9f5b2023-05-17T17:00:02ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532011-03-01581АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIADejan Jakšić0Bojana Vuković1Kristina Mijić2Faculty of Economics, SuboticaFaculty of Economics, SuboticaFaculty of Economics, Subotica The financial position of a company is determined by its financial balance, indebtedness, solvency, maintenance of real value of equity and reproductive ability. In order to recognize a financial position of agricultural companies as good, acceptable or bad, in this paper we observed the most important parameters of the financial position of agricultural companies in the Republic of Serbia. The research was based on a sample of 50 financial statements of agricultural companies. Comparison of indicators of the financial position of the companies in two consecutive years (2008, 2009) led to a conclusion that 70% of the agricultural companies had a bad financial position in both observed years. Bad financial position of the companies is a consequence of the lack of financial balance, and inability to maintain an acceptable level of liquidity. Bad financial position of most agricultural companies indicates the problem of agricultural branch as a whole, which requires systemic measures by strengthening financial position and therefore economic position of agricultural activity in Republic of Serbia. https://www.ea.bg.ac.rs/index.php/EA/article/view/862financial position of company, analysis, agriculture
spellingShingle Dejan Jakšić
Bojana Vuković
Kristina Mijić
АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA
Ekonomika Poljoprivrede (1979)
financial position of company, analysis, agriculture
title АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA
title_full АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA
title_fullStr АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA
title_full_unstemmed АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA
title_short АNALYSIS OF THE FINANCIAL POSITION OF AGRICULTURAL COMPANIES IN THE REPUBLIC OF SERBIA
title_sort аnalysis of the financial position of agricultural companies in the republic of serbia
topic financial position of company, analysis, agriculture
url https://www.ea.bg.ac.rs/index.php/EA/article/view/862
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AT bojanavukovic analysisofthefinancialpositionofagriculturalcompaniesintherepublicofserbia
AT kristinamijic analysisofthefinancialpositionofagriculturalcompaniesintherepublicofserbia