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Tytuł artykułu
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Warianty tytułu
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Abstrakty
Purpose: The aim of the article was to examine the level of debt value in companies pursuing international expansion in food sector in India, against the background of macroeconomic indicators.
Design/methodology/approach: The following methods were used in the article:1. Calculation of statistical descriptive values for debt level, revenue and total assets, 2. A parametric Student's t-test to test for differences in the capital structures of the companies studied, 3. The Pearson coefficient for determining the relationship between capital structure and the ratio of revenue generated from international sales to total sales revenue. Sixty-five companies from the food sector in India participated in the study. The study covered the period 2014 - 2021.
Findings: The results of the used study indicate that there is a steady decline in the level of corporate debt and an increase in revenues. This is associated with an increasingly better financial situation of the companies - an increase in revenue levels and an increase in foreign direct investment (increasing macro environment indicators). The results presented confirm previous findings in the literature.
Originality/value: In the article, the obtained results allowed capturing the unique relationship between debt structure and internationalisation of enterprises in the food sector. An additional value is the presentation of the relationship between the formation of macroeconomic factors and the internationalisation process.(original abstract)
Design/methodology/approach: The following methods were used in the article:1. Calculation of statistical descriptive values for debt level, revenue and total assets, 2. A parametric Student's t-test to test for differences in the capital structures of the companies studied, 3. The Pearson coefficient for determining the relationship between capital structure and the ratio of revenue generated from international sales to total sales revenue. Sixty-five companies from the food sector in India participated in the study. The study covered the period 2014 - 2021.
Findings: The results of the used study indicate that there is a steady decline in the level of corporate debt and an increase in revenues. This is associated with an increasingly better financial situation of the companies - an increase in revenue levels and an increase in foreign direct investment (increasing macro environment indicators). The results presented confirm previous findings in the literature.
Originality/value: In the article, the obtained results allowed capturing the unique relationship between debt structure and internationalisation of enterprises in the food sector. An additional value is the presentation of the relationship between the formation of macroeconomic factors and the internationalisation process.(original abstract)
Rocznik
Strony
59--71
Opis fizyczny
Twórcy
autor
- University of Lodz, Poland
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171684072
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