STRATEGIES FOR ASSETS FINANCING IN COMPANIES OPERATING IN BRANCH GROUP PURCHASING ORGANIZATIONS
STRATEGIES FOR ASSETS FINANCING IN COMPANIES OPERATING IN BRANCH GROUP PURCHASING ORGANIZATIONS

Author(s): Grzegorz Zimon
Subject(s): Business Economy / Management, Economic policy, Accounting - Business Administration
Published by: Masarykova univerzita nakladatelství
Keywords: strategy; sources of financing; a group purchasing organization;
Summary/Abstract: Companies that operate in the market and want to develop need to run an effective policy of assets financing. Managers can choose their own or foreign financial sources. A properly developed financial strategy has a big impact on liquidity and profitability. A big problem for managers is to create a strategy that is not expensive and guarantees the financial security. Operation in a group purchasing organization gives a possibility of creating such a strategy as the specificity of operations in the framework of branch purchasing groups modifies the classic strategies. The aim of this article is to present a strategy for the financing of assets in companies operating in the branch purchasing groups. Thirty-two commercial companies operating in two Polish purchasing groups were analyzed. The research was carried out on the basis of the financial statements for 2013-2015. The selected financial ratios were used for the analysis. The analysis showed that the strategies of financing the assets were used in companies forming branch group purchasing organizations.

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