scholarly journals Catalan family companies with high growth during the crisis period

2016 ◽  
Vol 12 (5) ◽  
pp. 1255
Author(s):  
Nuria Arimany-Serrat ◽  
Elisenda Tarrats-Pons
Keyword(s):  
Economic Analysis ◽  
Small Businesses ◽  
High Growth ◽  
Financial Statements ◽  
Family Businesses ◽  
Descriptive Statistics ◽  
Financial Health ◽  
Crisis Period ◽  
Economic Health ◽  
The Impact

Purpose: This study aims to analyze the financial and economic health of the Catalan family companies with high growth during the crisis period (2008-2013), as an engine of job creation and economic development of the territory, identifying the economic and financial characteristics.Design/methodology/approach: The data used comes from the financial statements of the high growth Catalan companies during the crisis period of 2008-2013, in particular it collects a sample of the 140 high growth Catalan companies where a 70% of them are family businesses, there is a financial and economic analysis using descriptive statistics of these family businesses with a regression model to achieve results and conclusions.Findings: During the 2008-2013 crisis, Catalan family companies with high growth that are mostly small businesses have a good economic and financial health, with moderate innovation and a great potential for survival.Research limitations/implications: It would be convenient to make the same study in similar territories where most of the companies are family businesses, in order to compare the financial and economic analysis, valuing the impact of these companies in the business.Practical implications: It allows valuing the projection of these kinds of family companies, mostly in Catalonia, in a financial and economic level, identifying if they have a proper financial strategy.Social implications: The results show that these companies have great financial and economic health and have a better response during a crisis period.Originality / value: The study shows that family businesses have moderate indebtedness and acceptable rendibility in the crisis period, although, since they are small businesses the lack of innovation and patents can lead to future problems.

The Impact of Marketing Strategy in Small Family Businesses

2015 ◽  
pp. 1695-1707 ◽  
Author(s):  
Anastasios Ntanos ◽  
Stamatios Ntanos
Keyword(s):  
Marketing Strategy ◽  
Economic Crisis ◽  
Second Generation ◽  
Family Businesses ◽  
Previous Model ◽  
Crisis Period ◽  
Small Family ◽  
First And Second Generation ◽  
The Impact ◽  
Structured Questionnaire

This chapter refers to small family businesses in Greece and examines the impact of their marketing strategy during an economic crisis period. The research took place in the broad area of Athens between December 2011 and March 2012. Data were collected to form a database of Greek independent private family companies (n=380) using personal interviews (structured questionnaire) with owners/managers of first- and second-generation family businesses. The chapter shows how small family businesses indicate marketing strategy using Carson's model. Limitations of expertise outline the marketing background, which can be described as “self-assisted.” The research offers a verification of a previous model so that problems that arise from companies not putting into practice any marketing concepts can be examined. The significance of the chapter is that there have not formerly been any reviews made about Carson's model in Greece during the economic crisis period emphasizing family businesses.

scholarly journals Impact of COVID-19 on the economic-financial health of the company REIPROACERO S. A., during the periods 2019-2020

2021 ◽  
pp. 1-10
Author(s):  
Keily Jannina Muñoz-Walter ◽  
Carlos Omar Soto-González
Keyword(s):  
Scientific Method ◽  
Financial Analysis ◽  
Financial Statements ◽  
Financial Health ◽  
Financial Situation ◽  
Research Article ◽  
Qualitative Descriptive ◽  
Descriptive Approach ◽  
The Impact ◽  
Investigative Process

This research article focused on evaluating the economic-financial situation of the company REIPROACERO SA, through the application of financial analysis methods and financial ratios, in order to determine the impact caused by the COVID-19 pandemic. On the other hand, within the investigative process the scientific method is applied, since it allowed to have an approach to the fact of interest, having contact with the data and information and real facts, which provided clues for the formulation of hypotheses and antecedents, building knowledge and leading to the verification of the same. Likewise, the qualitative descriptive approach was used, since the Financial Statements of the company, obtained from the Superintendencia de Compañias, Valores y Seguros, were analyzed; with a documentary design because information was obtained from scientifically recognized sources such as journals, articles in order to scientifically strengthen research. Where the results obtained showed excessive liquidity, low profitability and poor portfolio rotation.

scholarly journals On the use of the structural and functional modeling of a system analysis of the company financial statements

2016 ◽  
Vol 12 (2) ◽  
pp. 49-53
Author(s):  
Daria S Orlova ◽  
Andrey V Kutyshkin
Keyword(s):  
Economic Analysis ◽  
Data Model ◽  
System Analysis ◽  
Functional Model ◽  
Financial Statements ◽  
Functional Modeling ◽  
Semantic Data ◽  
Complex Models ◽  
Semantic Data Model ◽  
The Impact

The article discusses the construction of complex models consisting of a structural-functional model, information model and semantic data model, which is the basis for the design of soft-ware that implements the method of calculating the dynamic standard. Dynamic specification of linear and non-linear form is intended for financial and economic analysis of the performance of the enterprise. Dynamic standard to some extent reduces the impact on the results of financial and economic analysis of the experience and skills of the analyst conducting this analysis.

scholarly journals COVID-19 and firms' financial health in Brescia: a simulation with Logistic regression and neural networks

2021 ◽  
Vol 3 (3) ◽  
pp. 293-309
Author(s):  
Alberto Bernardi ◽  
◽  
Daniela Bragoli ◽  
Davide Fedreghini ◽  
Tommaso Ganugi ◽  
...  
Keyword(s):  
Neural Networks ◽  
Logistic Regression ◽  
Global Economy ◽  
Financial Statements ◽  
Financial Health ◽  
Demand And Supply ◽  
Industrial Areas ◽  
Economic Health

<abstract><p>COVID-19 has generated an unprecedented shock to the global economy causing both the decrease in demand and supply. The purpose of this paper is to simulate the effect of COVID-19 on firms' financial statements in Brescia. The shocked information is then fed into two bankruptcy models with the aim of providing an up-to-date picture of firms' economic health in one of the most prosperous industrial areas in Italy and Europe.</p></abstract>

The Leasing Decisions of Startup Firms

2017 ◽  
Vol 20 (04) ◽  
pp. 1750022 ◽  
Author(s):  
Carmen Cotei ◽  
Joseph Farhat
Keyword(s):  
Small Businesses ◽  
High Growth ◽  
Individual Risk ◽  
Small Business Owners ◽  
Publicly Traded ◽  
Growth Opportunities ◽  
Highly Educated ◽  
Experience Education ◽  
The Impact ◽  
Startup Firms

Small business owners use a variety of bootstrap financing methods to acquire the needed resources necessary to survive and eventually grow their businesses. One such method is to lease equipment and/or machinery. Leasing is a viable alternative to bank financing and for small businesses, leasing is a flexible strategy to preserve cash. In this study, we analyze the impact of asset specificity and growth opportunities on leasing decisions of a large cohort of startup businesses. To test our hypotheses, we use a unique dataset provided by the Kauffman Foundation. 1 Our longitudinal analyses show that startups with unique/specific assets have a lower propensity to lease whereas startups with high growth opportunities are more likely to lease their assets. We also argue that the owners’ demographic and socioeconomic characteristics are likely to impact their individual risk-taking behavior. Thus, factors such as owners’ experience, education, age, gender, and race are likely to impact the decision to lease assets. Our results show that owners’ characteristics do have a significant impact on these decisions. The findings reveal that female and older entrepreneurs as well as highly educated owners are less likely to lease. Our work advances prior research on the determinants of leasing in large, publicly traded firms and provides additional insights on entrepreneurial bootstrapping.

scholarly journals Enterprises Financial Performance in a Globalized World

2020 ◽  
Vol 74 ◽  
pp. 05018
Author(s):  
Ivana Podhorska ◽  
Anna Siekelova
Keyword(s):  
Economic Analysis ◽  
Financial Performance ◽  
Historical Development ◽  
Slovak Republic ◽  
Financial Statements ◽  
Financial Economic ◽  
Financial Health ◽  
Private Companies ◽  
Public And Private ◽  
Globalized World

World globalization has a significant impact on the financial performance and financial health of enterprises. The aim of the paper is to analyse and compare the financial performance of selected enterprises under the conditions of globalization. Paper will work with six selected enterprises from the IT sector, which represents one of the fastest growing sectors in the globalized world. Each of them will be from the Slovak Republic. As input data will be used their financial statements during years 2015-2018. These data will be obtained from the Amadeus database - a database of comparable financial information for public and private companies across Europe. The methods of financial-economic analysis will be used to analyse these data. Especially, the paper will be work with selected financial ratios from analysing of liquidity, profitability, indebtedness, and activity. The theoretical part of the paper will contain a literature review and historical development of financial performance assessment and theoretical aspects of enterprise financial performance. The practical part will contain the application of selected methods of financial-economic analysis in the database of enterprises. Paper findings brings evaluation of financial performance of enterprises in IT sector under the conditions of globalized world.

The Impact of Marketing Strategy in Small Family Businesses

2014 ◽  
pp. 153-166 ◽  
Author(s):  
Anastasios Ntanos ◽  
Stamatios Ntanos
Keyword(s):  
Marketing Strategy ◽  
Economic Crisis ◽  
Second Generation ◽  
Family Businesses ◽  
Previous Model ◽  
Crisis Period ◽  
Small Family ◽  
First And Second Generation ◽  
The Impact ◽  
Structured Questionnaire

This chapter refers to small family businesses in Greece and examines the impact of their marketing strategy during an economic crisis period. The research took place in the broad area of Athens between December 2011 and March 2012. Data were collected to form a database of Greek independent private family companies (n=380) using personal interviews (structured questionnaire) with owners/managers of first- and second-generation family businesses. The chapter shows how small family businesses indicate marketing strategy using Carson's model. Limitations of expertise outline the marketing background, which can be described as “self-assisted.” The research offers a verification of a previous model so that problems that arise from companies not putting into practice any marketing concepts can be examined. The significance of the chapter is that there have not formerly been any reviews made about Carson's model in Greece during the economic crisis period emphasizing family businesses.

scholarly journals Assessment of financial health of Slovak family businesses using models predicting financial distress

2021 ◽  
Vol 115 ◽  
pp. 02010
Author(s):  
Mária Trúchliková
Keyword(s):  
Risk Management ◽  
Family Business ◽  
Financial Distress ◽  
Financial Statements ◽  
Family Businesses ◽  
Financial Viability ◽  
Financial Health ◽  
Financial Problems ◽  
Different Types ◽  
A Company

The financial health of a company can be seen as the ability to maintain a balance against changing conditions in the environment and companies should pay more attention to the financial viability and risk management. There many models for predicting of financial problems of the companies, especially Altman, Ohlson or Zmijewski are the most cited ones. The main objective of the article is the review and assessment of the level of financial health of Slovak family business in selected industries. The data was obtained from Finstat database and financial statements from 2017, 2018 and 2019 were analysed. For assessing the financial health of selected family businesses 3 models predicting financial distress were used: Kralicek Quick Test, Taffler model and Virág-Hajdu model. The results show how many family businesses are facing to the financial problems using different types of predicting models.

ANALISIS RASIO UNTUK MENGUKUR KINERJA KEUANGAN PERUSAHAAN (STUDI KASUS PADA PT MEKAR KARYA PRATAMA)

2019 ◽  
Vol 9 (1B) ◽  
pp. 15
Author(s):  
Rizki Ahmad Fauzi
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
Corporate Activity ◽  
Significant Change ◽  
Overall Ratio ◽  
The Impact ◽  
Solvency Ratio

Based on the results of the analysis of the ratio of the financial statements can be seen from liquidity ratio in 2010 can already be said to be liquid and in 2011 occurred very significant increase in this ratio that makes the company's liquidity to be too high. Judging from the solvency ratio, in 2010 the company could not be said solvable because the value of this ratio is still quite high. However, in 2011 this ratio decreased significantly which shows that the company can already be said to be solvable. From the ratio of the activity, in 2010 and 2011 the ratio of corporate activity can already be said to be good. Despite the decrease from 2010 to 2011 on some of these ratios, but the overall ratio of activity of the company is good enough. Judging from the ratio of profitability, in 2010 and 2011 the profitability of the company can not be said to be good because it is still very low and no significant change from the year 2010 to the year 2011 for this ratio.The overall financial performance of PT Mekar Karya Pratama from year 2010 to year 2011 can be said to be good, although there are some things that must be considered and they should be repaired as liquidity is too high which causes the idle funds and the impact on the profitability is low. Keyword:Rasio Analysis

The Determinants of Merger Withdrawals’ Abnormal Returns in The Australian Market

2015 ◽  
pp. 89-110 ◽  
Author(s):  
Thuy Nguyen Thu ◽  
Giang Dao Thi Thu ◽  
Hoang Truong Huy
Keyword(s):  
Financial Crisis ◽  
Event Study ◽  
Abnormal Returns ◽  
Market Response ◽  
Crisis Period ◽  
Valuation Effects ◽  
Event Study Method ◽  
Private And Public ◽  
Method Of Payment ◽  
The Impact

This paper examines the abnormal returns in merger withdrawals in Australia, especially distinguishing the market response between private and public targets. We also study the determinants of those abnormal returns, including the method of payment and the impact of financial crisis periods. Using the event study method, we document that in the Australian context, the announced withdrawal of mergers involving private targets creates significantly negative valuation effects in comparison with the valuation effects in withdrawal of mergers involving public targets. We also find that a financial crisis period strongly affects abnormal returns of merger withdrawals. However, the method of payment does not have any impact on the abnormal returns.

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