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The Determinant Of Liquidity Risk In Vf Corporation

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  • Ahmad Saufi, Sarah

Abstract

This study aims to determine the relationship between dependent variable, quick ratio and other internal and external variables in VF Corporation in United States over five years. For the purpose of analysis, the selected data from 2014 until 2018 of VF Corporation is applied as the sample of data. The examination is being carried out in determine the effect of different variables such as return on assets (ROA), average collection period, debt to income, operational ratio, operating margin, corporate governance index, gross domestic product (GDP), inflation, interest rate, exchange rate and market risk. The finding reveals that the liquidity of the company can be influenced by the operational risk. The study shows average collection period have significant negative effect on firm’s liquidity.

Suggested Citation

  • Ahmad Saufi, Sarah, 2019. "The Determinant Of Liquidity Risk In Vf Corporation," MPRA Paper 97247, University Library of Munich, Germany, revised 25 Nov 2019.
    • Handle: RePEc:pra:mprapa:97247
    as

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    References listed on IDEAS

    as
    1. Stephen Manning & Andrew Gurney, 2005. "Operational risk within an insurance market," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 13(4), pages 293-300, December.
    2. Stephen Manning & Andrew Gurney, 2005. "Operational risk within an insurance market," Journal of Financial Regulation and Compliance, Emerald Group Publishing, vol. 13(4), pages 293-300, November.
    3. Ahmed Arif & Ahmed Nauman Anees, 2012. "Liquidity risk and performance of banking system," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 20(2), pages 182-195, May.
    4. Stijn Claessens, 2006. "Corporate Governance and Development," The World Bank Research Observer, World Bank, vol. 21(1), pages 91-122.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    liquidity performance; operational risk; and average collection period;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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    This paper has been announced in the following NEP Reports:

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