Working capital, profitability, liquidity and solvency of healthcare insurance companies

The purpose of this study is to analyze the adequacy of a working capital management normative model, in terms of profitability, liquidity and solvency. Through an empirical and analytical research, the analysis of variance results (ANOVA) of a sample containing financial information from 621 health...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	André Luiz de Souza Guimarães, Valcemiro Nossa
Formato:	article
Lenguaje:	EN PT
Publicado:	FUCAPE Business School 2010
Materias:	working capital profitability solvency healthcare fleuriet model Business HF5001-6182
Acceso en línea:	https://doaj.org/article/965cc5d1a6cd43b7bf7f2cf6359ce095
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:965cc5d1a6cd43b7bf7f2cf6359ce095
record_format	dspace
spelling	oai:doaj.org-article:965cc5d1a6cd43b7bf7f2cf6359ce0952021-11-11T15:48:04ZWorking capital, profitability, liquidity and solvency of healthcare insurance companies1807-734Xhttps://doaj.org/article/965cc5d1a6cd43b7bf7f2cf6359ce0952010-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123021648003https://doaj.org/toc/1807-734XThe purpose of this study is to analyze the adequacy of a working capital management normative model, in terms of profitability, liquidity and solvency. Through an empirical and analytical research, the analysis of variance results (ANOVA) of a sample containing financial information from 621 healthcare insurance companies for the year 2006 ,show that different working capital structures are associated with different levels of profitability, liquidity and solvency, suggesting a preference order different from the one theorized by Fleuriet / Braga. The results indicate that a certain structure - where financial current assets exceed onerous current liabilities, and cyclical current assets exceed cyclical current liabilities ¿ is associated with higher levels of profitability, liquidity and solvency. In addition, the study reiterates the importance of efficient management of working capital to the performance and survival of healthcare insurance companies.André Luiz de Souza GuimarãesValcemiro NossaFUCAPE Business Schoolarticleworking capitalprofitabilitysolvencyhealthcarefleuriet modelBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 7, Iss 2, Pp 37-59 (2010)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	working capital profitability solvency healthcare fleuriet model Business HF5001-6182
spellingShingle	working capital profitability solvency healthcare fleuriet model Business HF5001-6182 André Luiz de Souza Guimarães Valcemiro Nossa Working capital, profitability, liquidity and solvency of healthcare insurance companies
description	The purpose of this study is to analyze the adequacy of a working capital management normative model, in terms of profitability, liquidity and solvency. Through an empirical and analytical research, the analysis of variance results (ANOVA) of a sample containing financial information from 621 healthcare insurance companies for the year 2006 ,show that different working capital structures are associated with different levels of profitability, liquidity and solvency, suggesting a preference order different from the one theorized by Fleuriet / Braga. The results indicate that a certain structure - where financial current assets exceed onerous current liabilities, and cyclical current assets exceed cyclical current liabilities ¿ is associated with higher levels of profitability, liquidity and solvency. In addition, the study reiterates the importance of efficient management of working capital to the performance and survival of healthcare insurance companies.
format	article
author	André Luiz de Souza Guimarães Valcemiro Nossa
author_facet	André Luiz de Souza Guimarães Valcemiro Nossa
author_sort	André Luiz de Souza Guimarães
title	Working capital, profitability, liquidity and solvency of healthcare insurance companies
title_short	Working capital, profitability, liquidity and solvency of healthcare insurance companies
title_full	Working capital, profitability, liquidity and solvency of healthcare insurance companies
title_fullStr	Working capital, profitability, liquidity and solvency of healthcare insurance companies
title_full_unstemmed	Working capital, profitability, liquidity and solvency of healthcare insurance companies
title_sort	working capital, profitability, liquidity and solvency of healthcare insurance companies
publisher	FUCAPE Business School
publishDate	2010
url	https://doaj.org/article/965cc5d1a6cd43b7bf7f2cf6359ce095
work_keys_str_mv	AT andreluizdesouzaguimaraes workingcapitalprofitabilityliquidityandsolvencyofhealthcareinsurancecompanies AT valcemironossa workingcapitalprofitabilityliquidityandsolvencyofhealthcareinsurancecompanies
_version_	1718433972171571200

Working capital, profitability, liquidity and solvency of healthcare insurance companies

Ejemplares similares