The Role of Financial Success of SMES in Achieving Economic Sustainability

International Conference of Marketing and Management Sciences / D.Sakas and N.Konstantopoulos eds. 2008
Nataļja Lāce, Zoja Sundukova

The article deals with the problems of identifying financial stability of enterprises by different branches of national economy of Latvia and inside each specific branch depending on the size of the enterprise. The analysis was made on the basis of calculation of financial indicators in the period from 2002 to 2006. The authors recommend the methodology of identifying sufficient level of own capital for financial balance of an enterprise and on the basis of this also the sufficient level of financial autonomy coefficient.

Keywords
financial stability, SME, financial indicators

Lāce, N., Sundukova, Z. The Role of Financial Success of SMES in Achieving Economic Sustainability. In: International Conference of Marketing and Management Sciences / D.Sakas and N.Konstantopoulos eds., Greece, Athens, 23-25 May, 2008. Athens: Imperial College Press, 2008, pp.492-495. ISBN 978-1-84816-509-0.

Publication language
English (en)