The impact of the exchange rate on the financial result of enterprises in the transport sector

<p align="center">Motivation: Transport is one of the most important elements that have a major impact on economic development in various countries around the world. Among the main factors that affect the evolution of transport is the development of consumerism, globalization, as wel...

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Main Authors: Patrycja Krawczyk, Patrycja Kokot-Stępień
Format: Article
Language:English
Published: Uniwersytet Mikołaja Kopernika 2020-03-01
Series:Ekonomia i Prawo
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/EiP/article/view/29358
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author Patrycja Krawczyk
Patrycja Kokot-Stępień
author_facet Patrycja Krawczyk
Patrycja Kokot-Stępień
author_sort Patrycja Krawczyk
collection DOAJ
description <p align="center">Motivation: Transport is one of the most important elements that have a major impact on economic development in various countries around the world. Among the main factors that affect the evolution of transport is the development of consumerism, globalization, as well as the modernization of road infrastructure. There are more and more transport companies on the market, which is supported by the dynamic pace of life and the provision of services in the shortest possible time, at the lowest possible price. Therefore, transport companies are a very important economic link. Many factors affect their economic condition, one of them being the exchange rate.</p><p align="center">Aim: The aim of the article is to show the relationship between exchange rates and financial results of Polish enterprises in the transport sector. The analysis will show the profits and costs in relation to the exchange rates (Zloty to the Euro, US Dollar, British Pound and Swiss Franc). The expected research period will cover the years 2010–2017.</p><p align="center">Results: The basis of the conducted analyzes will examined the dependence of the financial result (including revenues and costs) on the exchange rates (USD/PLN, EUR/PLN, GBP/PLN, CHF/PLN).</p>
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spelling doaj.art-8441cf4ed4204facb9d374727deb1c212022-12-22T03:37:59ZengUniwersytet Mikołaja KopernikaEkonomia i Prawo1898-22552020-03-01191476010.12775/EiP.2020.00424062The impact of the exchange rate on the financial result of enterprises in the transport sectorPatrycja Krawczyk0Patrycja Kokot-Stępień1Czestochowa University of TechnologyCzestochowa University of Technology<p align="center">Motivation: Transport is one of the most important elements that have a major impact on economic development in various countries around the world. Among the main factors that affect the evolution of transport is the development of consumerism, globalization, as well as the modernization of road infrastructure. There are more and more transport companies on the market, which is supported by the dynamic pace of life and the provision of services in the shortest possible time, at the lowest possible price. Therefore, transport companies are a very important economic link. Many factors affect their economic condition, one of them being the exchange rate.</p><p align="center">Aim: The aim of the article is to show the relationship between exchange rates and financial results of Polish enterprises in the transport sector. The analysis will show the profits and costs in relation to the exchange rates (Zloty to the Euro, US Dollar, British Pound and Swiss Franc). The expected research period will cover the years 2010–2017.</p><p align="center">Results: The basis of the conducted analyzes will examined the dependence of the financial result (including revenues and costs) on the exchange rates (USD/PLN, EUR/PLN, GBP/PLN, CHF/PLN).</p>https://apcz.umk.pl/czasopisma/index.php/EiP/article/view/29358correlationexchange ratefinancial resulttransport industry
spellingShingle Patrycja Krawczyk
Patrycja Kokot-Stępień
The impact of the exchange rate on the financial result of enterprises in the transport sector
Ekonomia i Prawo
correlation
exchange rate
financial result
transport industry
title The impact of the exchange rate on the financial result of enterprises in the transport sector
title_full The impact of the exchange rate on the financial result of enterprises in the transport sector
title_fullStr The impact of the exchange rate on the financial result of enterprises in the transport sector
title_full_unstemmed The impact of the exchange rate on the financial result of enterprises in the transport sector
title_short The impact of the exchange rate on the financial result of enterprises in the transport sector
title_sort impact of the exchange rate on the financial result of enterprises in the transport sector
topic correlation
exchange rate
financial result
transport industry
url https://apcz.umk.pl/czasopisma/index.php/EiP/article/view/29358
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