- citati u SCIndeksu: 0
- citati u CrossRef-u:0
- citati u Google Scholaru:[
]
- posete u poslednjih 30 dana:8
- preuzimanja u poslednjih 30 dana:7
|
|
2021, vol. 68, br. 3, str. 745-758
|
Financial stability of enterprises in Serbian agriculture, fishing and forestry sector
(naslov ne postoji na srpskom)
Sažetak
(ne postoji na srpskom)
The main aim of this research paper is to examine financial stability, including indebtedness, interest coverage, and profitability of enterprises in Serbian Agriculture, fishing, and forestry sector. The research was performed using the tools of accounting and financial analysis. Period from 2015 to 2019 was observed. Analysis was based on consolidated financial statements for all enterprises that belonged to the sector in mentioned period. Research results show that the enterprises managed to maintain acceptable level of long-term financial stability, while on the other hand, there was a more significant disturbance on the side of short-term financial stability. Solid performances were recorded in the field of interest coverage, but also indebtedness where those indicators met referent values in almost every observed year. In the field of profitability that was examined via ROA and ROE indicators, poor performance was recorded.
|
|
|
Reference
|
1
|
Bogdanov, N., Vasiljević, Z. (2011) Role of agriculture and multifunctional rural development in Serbia. Applied Studies in Agribusiness and Commerce-APSTRACT, Budapest, Hungary, Agroinform Publishing House, Vol. 1-2, pp. 47-56, (available at: http://ageconsearch.umn.edu/bitstream/104642/2/6_Bogdanov_Role%20of%20Agriculture_Apstract.pdf)
|
1
|
Bogdanov, N., Rodić, V. (2014) Agriculture and Agricultural Policy in Serbia. u: Volk T., Erjavec E., Mortensen K. [ur.] Agricultural Policy and European Integration in Southeastern Europe, Budapest: Food and Agriculture Organizaiton of the United Nations, 153-171. (Available at: http://sebina.iamb.it/sebina/repository/catalogazione/immagini/pdf/Agricultural%20policy%20and%20european%20integration.pdf#page=161 , date of access 15.02.2021.)
|
|
Business Registers Agency Financial Statements Annual Bulletins, Belgrade, Available at: https://www.apr.gov.rs/registri/finansijskiizvestaji/publikacije/ godisnji--bilten-finansijskih-izvestaja.2127.html date of access: 10.02.2021.)
|
3
|
Dakić, S., Mijić, K. (2020) Regression analysis of the impact of internal factors on return on assets: A case of meat processing enterprises in Serbia. Strategic Management, vol. 25, br. 1, str. 29-34
|
|
Dauderis, H., Annand, D. (2014) Introduction to Financial Accounting. Canada: Valley Educational Services
|
|
Fridson, M., Alvarez, F. (2002) Financial Statements Analysis. New York: John Wiley & Sons Inc
|
|
Gibson, H.C. (2000) Financial Reporting & Analysis. Boston: Cengage Learning
|
|
Kabajeh, M.A.M., Nu'aimat, A.M.S., Dahmash, N.F. (2012) The relationship between the ROA, ROE and ROI Ratios with Jordanian Insurance Public Companies Market Share Prices. International Journal of Humanities and Social Science, 2(11), 115-120
|
|
Kulkarni, M., Mahajan, S. (2008) Management Accounting. Mumbai: Nirali Prakashan
|
7
|
Kuzman, B., Đurić, K., Mitrović, L., Prodanović, R. (2017) Agricultural budget and agriculture development in Republic of Serbia. Ekonomika poljoprivrede, vol. 64, br. 2, str. 515-531
|
|
Malinić, D., Milićević, V., Stevanović, N.Đ. (2013) Upravljačko računovodstvo / Management Accounting. Beograd: Ekonomski fakultet
|
|
Miljković, A. (2008) Financial Analysis / Finansijska analiza. Novi Sad: Academic of Economics
|
1
|
Mitrović, S., Mitrović, A., Cogoljević, M. (2017) Contribution of agriculture to the development of Serbia. Ekonomika poljoprivrede, vol. 64, br. 2, str. 805-819
|
|
Nuryani, Y., Sunarsi, D. (2020) The Effect of Current Ratio and Debt to Equity ratio on Dividing Growth. JASa, 4(2), 304-312
|
6
|
Palepu, K.G., Healy, P.M., Bernard, V.L. (2000) Business analysis and valuation: Using financial statements, text and cases. Cincinnati, Ohio, USA: Thomson/South-Western, 2nd Edition
|
|
Paramasivan, C., Subramanian, T. (2009) Financial Management. New Delhi: New Age International Ltd. Publishers
|
|
Robinson, R.T., Greuning, V.H., Broihahn, A.M. (2009) International Financial Statements Analysis. New Jersey: John Wiley & Sons, Inc
|
|
Rodić, J., Andrić, M., Vukelić, G., Vuković, B. (2017) Analiza finansijskih izveštaja / Financial Statements Analysis. Subotica: Ekonomski fakultet
|
|
Subramanyam, R.K., Wild, J.J. (2009) Financial Statement Analysis. New York: McGraw-Hill
|
|
Vunjak, N. (2008/2014) Financial Management / Finansijski menadžment. Bečej: Proleter Ltd
|
|
|
|