- Tytuł:
- Risk assessment of tourism companies listed on the stock exchange based on their financial reporting
- Autorzy:
-
Dębniewska, M.
Skorwider-Namiotko, J.
Wojtowicz, K. - Powiązania:
- https://bibliotekanauki.pl/articles/95672.pdf
- Data publikacji:
- 2018
- Wydawca:
- Fundacja Ekonomistów Środowiska i Zasobów Naturalnych
- Tematy:
-
ryzyko operacyjne
ryzyko finansowe
ryzyko bankructwa
firma turystyczna
operational risk
financial risk
bankruptcy risk
tourism company - Opis:
- The aim of the research was to identify the level of economic risk and to evaluate the effects of the risk management in the tourism companies listed on the stock exchange from 2010 till second quarter of 2017 on the basis of their financial reporting. Desk research method for identifying specific risks and a comparative indicator analysis of the tourism companies were used in the research process. Operating and financial risk, using degree of leverages and multipliers, bankruptcy risk, systematic risk, and business profitability have been measured. The results indicated that tourism companies operating in the valuable natural areas had a higher level of risk and, at the same time, had lower profitability. The necessity of verification of the way of distinguishing the tourism companies sector on the Warsaw Stock Exchange was pointed out and the implementation of social responsibility reporting standards in the tourist companies was recommended.
- Źródło:
-
Ekonomia i Środowisko; 2018, 1; 158-169
0867-8898 - Pojawia się w:
- Ekonomia i Środowisko
- Dostawca treści:
- Biblioteka Nauki
Artykuł