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Czasopismo
2019 | 15 | nr 2 | 36--47
Tytuł artykułu

Net Working Capital Strategy Influencing Beta Coefficient Based on Companies Listed on Newconnect Alternative Exchange in Warsaw

Autorzy
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The goal of this paper is to present the net working capital strategies relationship with the systematic risk ratio, namely beta coefficient, that is a measure of a stock's volatility in relation to the market. The strategy of financing assets reflected in net working capital is influencing the financial liquidity policy and the risk of the company thereafter. Decisions and strategies that are performed by management are assessed by investors when a company is listed on the exchange and should be reflected in share price volatility. The survey is based on quantitative analysis of NewConnect nonfinancial company data. The results of the analysis show that the relationship between net working capital indicators and beta coefficient is negative. (original abstract)
Czasopismo
Rocznik
Tom
15
Numer
Strony
36--47
Opis fizyczny
Twórcy
autor
  • University of Lodz, Poland
Bibliografia
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  • Szczepankowski, P. (2010). Efektywność wzrostu i rozwoju spółek rynku NewConnect w ujęciu sektorowym. Współczesna Ekonomia, (1), 13.
  • Tahir, M., Anuar, M.B.A. (2015). The Determinants of Working Capital Management and Firms Performance of Textile Sector in Pakistan. Quality & Quantity, 1-14.
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  • Wędzki, D. (2006). Analiza wskaźnikowa sprawozdań finansowych. Kraków: Oficyna Ekonomiczna.
Typ dokumentu
Bibliografia
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Identyfikator YADDA
bwmeta1.element.ekon-element-000171584218

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