Level of the Current Liquidity Ratio Versus Financial Efficiency of Dairy Cooperatives
Problems of Agricultural Economics, 2(355) 2018, 76-90, DOI/10.30858/zer/92063
15 Pages Posted: 20 Oct 2018
Date Written: 2018
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.
Keywords: Dairy Cooperatives, Current Financial Liquidity, Efficiency of Dairy Cooperatives
JEL Classification: P12, Q13, Q14
Suggested Citation: Suggested Citation