Impact of CAP on the Cash-Flow Components in Slovak Agriculture

The primary goal of the paper is to state the development of cash-flow in Slovak agriculture. The observed period covers 11 years, which offers the opportunity to analyze three separate periods: the pre-accession period 2000-2003, the old CAP from 2004-2006 and the current CAP 2007-2010. The data fo...

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Main Authors: Zuzana Čierna, Tomáš Rábek, Marián Tóth
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University od Life Sciences Press 2012-06-01
Series:Polityki Europejskie, Finanse i Marketing
Online Access:https://pefim.sggw.edu.pl/article/view/1470
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author Zuzana Čierna
Tomáš Rábek
Marián Tóth
author_facet Zuzana Čierna
Tomáš Rábek
Marián Tóth
author_sort Zuzana Čierna
collection DOAJ
description The primary goal of the paper is to state the development of cash-flow in Slovak agriculture. The observed period covers 11 years, which offers the opportunity to analyze three separate periods: the pre-accession period 2000-2003, the old CAP from 2004-2006 and the current CAP 2007-2010. The data for individual companies - corporations - were obtained from The Research Institute of Agricultural and Food Economics (RIAFE) for the period 2000 – 2010. The research has shown that entering EU and adopting Common agricultural policy had a positive impact on the cash flow from operating activities. We also did identify lower investments (CF from investing activities) since 2009. One of the reasons for that can be the impact of the financial and economic crisis. The impact on net cash flow was a higher volatility.
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spelling doaj.art-c7b5ce3bea5b4502af41c10cac1c61172023-10-30T15:12:47ZengWydawnictwo SGGW - Warsaw University od Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402012-06-017(56)Impact of CAP on the Cash-Flow Components in Slovak AgricultureZuzana Čierna0Tomáš Rábek1Marián Tóth2Department of Finance, Faculty of Economics and Management, Slovak Agricultural University in NitreDepartment of Finance, Faculty of Economics and Management, Slovak Agricultural University in NitreDepartment of Finance, Faculty of Economics and Management, Slovak Agricultural University in NitreThe primary goal of the paper is to state the development of cash-flow in Slovak agriculture. The observed period covers 11 years, which offers the opportunity to analyze three separate periods: the pre-accession period 2000-2003, the old CAP from 2004-2006 and the current CAP 2007-2010. The data for individual companies - corporations - were obtained from The Research Institute of Agricultural and Food Economics (RIAFE) for the period 2000 – 2010. The research has shown that entering EU and adopting Common agricultural policy had a positive impact on the cash flow from operating activities. We also did identify lower investments (CF from investing activities) since 2009. One of the reasons for that can be the impact of the financial and economic crisis. The impact on net cash flow was a higher volatility.https://pefim.sggw.edu.pl/article/view/1470
spellingShingle Zuzana Čierna
Tomáš Rábek
Marián Tóth
Impact of CAP on the Cash-Flow Components in Slovak Agriculture
Polityki Europejskie, Finanse i Marketing
title Impact of CAP on the Cash-Flow Components in Slovak Agriculture
title_full Impact of CAP on the Cash-Flow Components in Slovak Agriculture
title_fullStr Impact of CAP on the Cash-Flow Components in Slovak Agriculture
title_full_unstemmed Impact of CAP on the Cash-Flow Components in Slovak Agriculture
title_short Impact of CAP on the Cash-Flow Components in Slovak Agriculture
title_sort impact of cap on the cash flow components in slovak agriculture
url https://pefim.sggw.edu.pl/article/view/1470
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AT tomasrabek impactofcaponthecashflowcomponentsinslovakagriculture
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