This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Ali, M.M., Hussin, N.N.A.N. & Ghani, E.K. (2019). Liquidity, growth and profitability of non-financial public listed Malaysia: A Malaysian evidence. International Journal of Financial Research, 10(3), 194-202, https://doi.org/10.5430/ijfr.v10n3p194.Search in Google Scholar
Altman, E.I., & Hotchkiss, E. (2010). Corporate financial distress and bankruptcy: Predict and avoid bankruptcy, analyze and invest in distressed debt (Vol. 289). John Wiley & Sons, Hoboken, https://doi.org/10.1002/9781118267806.Search in Google Scholar
Analiza sytuacji sektora przedsiębiorstw. Szybki Monitoring NBP. No. 01/20, p. 2, 39. No. 02/20, p. 1, 23, 44-45. No. 03/20, p. 36. No. 03/20, p. 2, 56. No. 01/21, p. 2. No. 02/21, p. 2. No. 03/21, p. 46, 56. No. 04/21, p. 2, 44, 48-49, 59.Search in Google Scholar
Bolek, M. & Wiliński, W. (2012). The influence of liquidity on profitability of Polish construction sector companies. Financial Internet Quarterly, 8(1), 38-52.Search in Google Scholar
De Bruin, G. & Steyn, R. (2020). Gender differences in the relationship between innovation and its antecedents. South African Journal of Business Management, 51(1), 1-12, https://doi.org/10.4102/sajbm.v51i1.1675.Search in Google Scholar
Cambell, K. & Jerzemowska, M. (2001). Capital Structure Decisions Made by Companies in a Transitional Economy: The Case of Poland, [in:] Zarzecki, D. (ed.). Financial Management. Objectives–Organization–Tools, FRR in Poland, Warsaw.Search in Google Scholar
D’Amato, A. (2020). Capital structure, debt maturity, and financial crisis: empirical evidence from SMEs. Small Business Economics, 55(4), 919-941, https://doi.org/10.1007/s11187-019-00165-6.Search in Google Scholar
Danbolt, J., Hirst, I.R. & Jones, E. (2011). The growth companies puzzle: can growth opportunities measures predict firm growth? The European Journal of Finance, 17(1), 1-25, https://doi.org/10.1080/13518470903448432.Search in Google Scholar
Demiraj, R., Dsouza, S. & Abiad, M. (2022). Working Capital Management Impact on Profitability: Pre-Pandemic and Pandemic Evidence from the European Automotive Industry. Risks, 10(12), 236-257, https://doi.org/10.3390/risks10120236.Search in Google Scholar
Demmou, L., Franco, G., Calligaris, S. & Dlugosch, D. (2021). Liquidity shortfalls during the COVID-19 outbreak: Assessment and policy responses, OECD Economics Department Working Papers No. 1647, 1-24, https://doi.org/10.1787/18151973.Search in Google Scholar
Fajaria, A.Z. & Isnalita, N.I.D.N. (2018). The effect of profitability, liquidity, leverage and firm growth of firm value with its dividend policy as a moderating variable. International Journal of Managerial Studies and Research, 6(10), 55-69.Search in Google Scholar
Jędrzejczak-Gas, J. (2018). Determinants of the capital structure of TSL sector enterprises. Management, 22(1), 176-193, https://doi.org/10.2478/manment-2018-0013.Search in Google Scholar
Khan, M.M. & Raj, K.B. (2020). Liquidity-profitability analysis & prediction of bankruptcy-A study of select telecom companies. Journal of Critical Reviews, 7(3), 307-316.Search in Google Scholar
Kühnhausen, F. & Stieber, H. (2014). Determinants of capital structure in non-financial companies. Available at SSRN 2410741.Search in Google Scholar
Lestari, S.P. & Khafid, M. (2021). The role of company size in moderating the effect of profitability, profit growth, leverage, and liquidity on earnings quality. Accounting Analysis Journal, 10(2), 86-93.Search in Google Scholar
Lipson, M.L. & Mortal, S. (2009). Liquidity and capital structure. Journal of Financial Markets, 12(4), 611-644.Search in Google Scholar
Łojek, P. (2020). The relationship between profitability and financial liquidity among the importers of best-selling brands of new cars in Poland. Central European Economic Journal, 7(54), 127-142, https://doi.org/10.2478/ceej-2020-0011.Search in Google Scholar
Moch, R., Prihatni, R. & Buchdadi, A.D. (2019). The effect of liquidity, profitability and solvability to the financial distress of manufacturing companies listed on the Indonesia stock exchange (IDX) period of year 2015-2017. Academy of Accounting and Financial Studies Journal, 23(6), 1-16.Search in Google Scholar
Mazur, K. (2007). The determinants of capital structure choice: evidence from Polish companies. International Advances in Economic Research, 13(4), 495-514, https://doi.org/10.1007/s11294-007-9114-y.Search in Google Scholar
Myers, S.C. & Rajan, R.G. (1998). The paradox of liquidity. The Quarterly Journal of Economics, 113(3), 733-771.Search in Google Scholar
Nejad, N.R. & Wasiuzzaman, S. (2013). The Empirical Analysis of Capital Structure Determinants–Evidence from Malaysia. Engineering and Technology, 74, 466-474.Search in Google Scholar
Oliveira, B. & Fortunato, A. (2006). Firm growth and liquidity constraints: A dynamic analysis. Small Business Economics, 27, 139-156, https://doi.org/10.1007/s11187-006-0006-y.Search in Google Scholar
Pepur, P., Laca, S. & Basic, I. (2021). The Impact Of COVID-19 On The Company’s Liquidity. Interdisciplinary Management Research, 17, 757-769.Search in Google Scholar
Narodowy Bank Polski (2021). Raport o stabilności systemu finansowego. Narodowy Bank Polski, Warszawa.Search in Google Scholar
Receivables and liabilities of monetary financial institutions (monthly data), Statistics - Accounting, National Bank of Poland, https://www.nbp.pl/home.aspx?f=/statystyka/pieniezna_i_bankowa/nal_zobow.html, (Accessed: 24.05.2022).Search in Google Scholar
Šarlija, N. & Harc, M. (2012). The impact of liquidity on the capital structure: a case study of Croatian firms. Business Systems Research: International Journal of the Society for Advancing Innovation and Research in Economy, 3(1), 30-36, https://doi.org/10.2478/v10305-012-0005-1.Search in Google Scholar
Serghiescu, L. & Văidean, V.L. (2014). Determinant factors of the capital structure of a firm-an empirical analysis. Procedia Economics and Finance, 15, 1447-1457, https://doi.org/10.1016/S2212-5671(14)00610-8.Search in Google Scholar
Shleifer, A. & Vishny, R.W. (1992). Liquidation values and debt capacity: A market equilibrium approach. The Journal of Finance, 47(4), 1343-1366.Search in Google Scholar
Sibilkov, V. (2009). Asset liquidity and capital structure. Journal of Financial and Quantitative Analysis, 44(5), 1173-1196, https://doi.org/10.2139/ssrn.594523.Search in Google Scholar
Stanić, M., Cita, M. & Prša, D. (2022). The impact of COVID-19 on liquidity management in small and medium-sized trade businesses: The Croatian case. Ekonomski Vjesnik, 35(2), 261-274, https://doi.org/10.51680/ev.35.2.3.Search in Google Scholar
Susanti, M. & Samara, A. (2021). Analysis of profitability, leverage, liquidity, and activity of financial distress basic study of chemical sub sector industry listed on BEI. Jurnal Ekonomi Lembaga Layanan Pendidikan Tinggi Wilayah, 1(1), 5-13, https://doi.org/10.54076/juket.v1i1.39.Search in Google Scholar
Trippner, P. (2013). Analysis of Financial Liquidity Management in the Enterprise and its Impact on the Profitability. In: Proceedings of 14th International Conference on Finance and Banking. Karviná, Silesian University, School of Business Administration (pp. 494-501).Search in Google Scholar
Zimon, G. (2020). Financial liquidity management strategies in Polish energy companies. International Journal of Energy Economics and Policy, 10(3), 365-369, https://doi.org/10.32479/ijeep.9150.Search in Google Scholar
Zimon, G. (2020). Issues of financial liquidity of small and medium-sized trading companies: A case study from Poland. Entrepreneurship and Sustainability Issues, 8(1), 363-373, https://doi.org/10.9770/jesi.2020.8.1(25).Search in Google Scholar
Zygmunt, J. (2013, March 25-29). Does liquidity impact on profitability. In: Conference of Informatics and Management Sciences. Slovakia, University of Žilina, Faculty of Management Science and Informatics, (pp. 38-49).Search in Google Scholar
, 