Level of the current liquidity ratio versus financial efficiency of dairy cooperatives

The study shows the efficiency of the dairy cooperative depending on the level of their current financial liquidity. Cooperatives were grouped according to the current liquidity ratio using quartiles methods and significance e test of the differences between the groups was conducted on the groups. Adopted to verify the hypothesis that dairy cooperatives with liquidity above the recommended standards of literature show highest efficiency adopted for verification. The most advantageous financial conditions were characterized by dairy cooperatives with liquidity above and within the limits recommended in the literature. This may be due to the fact that having adequate levels of liquidity may be in the form of cooperative farming more important than maximizing financial performance.


Issue Date:
2018
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/276386
ISSN:
p-ISSN 0044-1600, e-ISSN 2392-3458
Language:
English
Published in:
Problems of Agricultural Economics / Zagadnienia Ekonomiki Rolnej, 2 (355)
Page range:
76-90
JEL Codes:
P12; Q13; Q14




 Record created 2018-09-20, last modified 2020-10-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)