Liquidity and short term asset-liability structure : evidence from a panel of Hungarian firms

Pálinkó Éva and Szabó Márta: Liquidity and short term asset-liability structure : evidence from a panel of Hungarian firms.

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Abstract

Financial crisis has made a hard effect on the solvency and liquidity position of companies. The increasing number of bankruptcy signals that less liquid companies come easily to unsafe situation. We analyze the features of short-term liquidity conditions of the Hungarian manufacturing companies. The liquidity condition is interpreted broadly, connecting with the asset-liability structure. We investigate whether the structure of short-term assets is determined by particularity of sectors of industry and liabilities by general financial conditions. The features of asset-side analysis are confronted by the liability-side, and we make conclusion on trends of liquidity position of Hungarian manufacturing sectors. We use AMADEUS company level database. The balance sheet and income statement data from 2004 to 2007 provide information for panel data analysis.

Item Type: Conference or Workshop Item
Journal or Publication Title: Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009
Date: 2010
ISBN: 978-963-06-9558-9
Page Range: pp. 499-516
Related URLs: http://acta.bibl.u-szeged.hu/57418/
Uncontrolled Keywords: Vállalkozás - Magyarország, Pénzügy - Magyarország
Additional Information: Bibliogr.: 516. p. ; összefoglalás angol nyelven
Date Deposited: 2019. Apr. 25. 08:31
Last Modified: 2022. Nov. 08. 13:09
URI: http://acta.bibl.u-szeged.hu/id/eprint/57821

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