Financial analysis of long-term sources of capital in tourist companies. Part II. LIABILITIES

Autor: Doncheva, Dora, Ivanova, Desislava, Milev, Oleg
Rok vydání: 2013
Předmět:
Popis: The study aims at analyzing long-term sources of capital (liabilities) of diversified companies in the field of tourism. Diversification of the companies’ business in the sector could be an effective defensive strategy to reduce the risk under conditions of crisis. By analyzing long-term financial resources it is possible to restructure the financial and capital structure of companies and to optimize production capacities, for more efficient strategic planning and enhancing financial sustainability. As a result, companies will reduce financial risk and will be more competitive and sustainable. Under conditions of crisis regular survey of corporate performance is crucial for the survival of the company. Performing financial diagnostics of its structure the management could implement changes for optimization and restructuring.
Databáze: OpenAIRE