GROWTH, PROFITABILITY AND LIQUIDITY OF POLISH ROAD TRANSPORTATION COMPANIES

Fast growth of road transportation companies registered in Poland, whose fleet has become the largest in European Union has yet not received sufficient attention. Here relationships of profitability and financial liquidity and a company growth of sales for 2367 road transportation companies register...

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Bibliographic Details
Published inBusiness Logistics in Modern Management pp. 75 - 88
Main Author Korneta, Piotr
Format Conference Proceeding
LanguageEnglish
Published Osijek J.J. Strossmayer University of Osijek, Faculty of Economics 01.01.2020
Subjects
Corporate profits
Growth factors
Growth rate
Literature reviews
Management decisions
Profitability
Research methodology
Social responsibility
Poland
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Summary:Fast growth of road transportation companies registered in Poland, whose fleet has become the largest in European Union has yet not received sufficient attention. Here relationships of profitability and financial liquidity and a company growth of sales for 2367 road transportation companies registered in Poland in period 2013 - 2017 are studied. The static, linear, symptomatic and mezoeconomic econometric model is proposed and the analysis is based on the moving quartile, Spearman rho and Kendall tau-b coefficients and multi-segment piecewise-linear approximation with Theil-Sen trend lines. The relationships between the growth of sales and considered factors are not uniform and depend on a factor rage. The results of this study postulate positive relationship between the profitability and the growth of sales in a given range for studied companies. The optimum financial liquidity to increase the growth of sales for road transportation companies registered has been identified. Managerial implications and advantages following from the applied analysis are given.
ISSN:1849-5931
1849-6148