FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES

A thorough understanding of business processes is essential for successful corporate operation. The best method of gaining knowledge is analysis, namely the understanding and evaluation of correlations between economic phenomena. In the present study, the financial position of companies operating in...

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Main Authors: Szabolcs KOVÁCS, Andrea GERGELY, Péter HORVÁTH
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2020-05-01
Series:SEA: Practical Application of Science
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_22_6.pdf
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author Szabolcs KOVÁCS
Andrea GERGELY
Péter HORVÁTH
author_facet Szabolcs KOVÁCS
Andrea GERGELY
Péter HORVÁTH
author_sort Szabolcs KOVÁCS
collection DOAJ
description A thorough understanding of business processes is essential for successful corporate operation. The best method of gaining knowledge is analysis, namely the understanding and evaluation of correlations between economic phenomena. In the present study, the financial position of companies operating in the poultry and pig sectors of the Visegrád countries is examined and compared. This sector was chosen because the food industry is one of the most important sectors, both because of its size and since it satisfies fundamental human needs. Both globally and in Hungary, these two industries are the most prominent in terms of trends in production and consumption. Present study examines corporate data series downloaded from the EMIS database and performed the analysis of various financial indicators that can be calculated from them. Along the primary research question, the time series development of the financial position of these sectors was examined in terms of solvency. Based on the examinations it can be stated that the pig sector clearly performs better in Poland, which was also true for the Czech Republic at the end of the period. In Hungary and Slovakia, however, the poultry sector performed better.
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spelling doaj.art-5d9f3f4b274140a795027d5250cd88a82022-12-21T20:17:18ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542020-05-01VIII22 (1/2020)4955seapas:y:2020:i:22:p:49-55FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIESSzabolcs KOVÁCS0Andrea GERGELY1Péter HORVÁTH2 Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary A thorough understanding of business processes is essential for successful corporate operation. The best method of gaining knowledge is analysis, namely the understanding and evaluation of correlations between economic phenomena. In the present study, the financial position of companies operating in the poultry and pig sectors of the Visegrád countries is examined and compared. This sector was chosen because the food industry is one of the most important sectors, both because of its size and since it satisfies fundamental human needs. Both globally and in Hungary, these two industries are the most prominent in terms of trends in production and consumption. Present study examines corporate data series downloaded from the EMIS database and performed the analysis of various financial indicators that can be calculated from them. Along the primary research question, the time series development of the financial position of these sectors was examined in terms of solvency. Based on the examinations it can be stated that the pig sector clearly performs better in Poland, which was also true for the Czech Republic at the end of the period. In Hungary and Slovakia, however, the poultry sector performed better. http://seaopenresearch.eu/Journals/articles/SPAS_22_6.pdf net working capitalpig and poultry sectorsolvencyfinancial positionvisegrád countries
spellingShingle Szabolcs KOVÁCS
Andrea GERGELY
Péter HORVÁTH
FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES
SEA: Practical Application of Science
net working capital
pig and poultry sector
solvency
financial position
visegrád countries
title FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES
title_full FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES
title_fullStr FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES
title_full_unstemmed FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES
title_short FINANCIAL POSITION OF THE COMPANIES OPERATING IN THE POULTRY AND PIG SECTORS OF THE VISEGRAD COUNTRIES
title_sort financial position of the companies operating in the poultry and pig sectors of the visegrad countries
topic net working capital
pig and poultry sector
solvency
financial position
visegrád countries
url http://seaopenresearch.eu/Journals/articles/SPAS_22_6.pdf
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AT andreagergely financialpositionofthecompaniesoperatinginthepoultryandpigsectorsofthevisegradcountries
AT peterhorvath financialpositionofthecompaniesoperatinginthepoultryandpigsectorsofthevisegradcountries