Published 2024-10-30
Keywords
- food, meat, cash flow, listed company, machine learning model, stock market, capital, assets, liabilities, net income, current, assets, net cash flow, liquid cash flow, financial management, liquidity, solvency, operational risk.
How to Cite
Copyright (c) 2024 Khachatur Levon Baboyan
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
Cash flow management in commercial organizations of the production sector is one of the key problems of financial management in the post-crisis stages of the pandemic and its overcoming, which requires new solutions.
This article presents practical solutions for improving financial management in the context of liquidity-solvency relationship, cash flow, and current asset valuation in six leading companies that produce food and meat products by capitalization listed on the world stock exchange and studied.
Since the role of artificial intelligence is highly valued in the current period, financial management professionals have also started to use various learning forecasting models in order to increase the efficiency of their decision-making.
Forecasting the capital structure in commercial organizations with an artificial intelligence model is a completely new approach in the financial management system, the main task of which is to define the preferred ratio of the components of liabilities in connection with the minimum cost of capital.
Downloads
References
- Aktas, N., Croci, E., & Petmezas, D. (2015). Is working capital management value-enhancing? Evidence from firm performance and investments. Journal of Corporate Finance, 30, 98-113. https://www.sciencedirect.com/science/article/abs/pii/S0929119914001606?via%3Dihub
- Baboyan, K. (2021). Approach for Predicting Index of Security with the Own Current Assets according to the Capital Structure of Commercial Organizations of the Republic of Armenia. Bulletin of the Georgian National Academy of Sciences, 15(2), 185-190. http://science.org.ge/bnas/t15-n2/26_Baboyan_Economics.pdf
- Baboyan, K. (2022). Improvement-Based Approach for Control over Solvency of Commercial Organizations in the Context of Prediction of Preferred Capital Structure. Transition Studies Review, 1, 65-82. https://doi.org/10.14665/1614-4007-29-1-004
- Baboyan, K. (2023). New approach to the prediction of the structure of liabilities in commercial organizations. Pacific Business Review (International), 15(8), 54-64. http://www.pbr.co.in/2023/February7.aspx
- Bocharov V.V., & Leontev, V.E. (2004). Corporate Finance. SPb.: Peter, 504-562 https://www.studmed.ru/bocharov-vv-leontev-ve-korporativnye-finansy_029474e.html
- Bui, H., & Krajcsák, Z. (2023). The impacts of corporate governance on firms’ performance: from theories and approaches to empirical findings. Journal of Financial Regulation and Compliance, 32(1), 18-46. https://acortar.link/v17lnm
- Chang, L., Gan, X., & Mohsin, M. (2022). Studying corporate liquidity and regulatory responses for economic recovery in COVID-19 crises. Economic Analysis and Policy, 76, 211-225. Doi: 10.1016/j.eap.2022.07.004
- Effendie, J. M., Manafe, H. A., & Man, S. (2022). Analysis of the Effect of Liquidity Ratios, Solvency and Activity on the Financial Performance of the Company (Literature Review of Corporate Financial Management). Dinasti International Journal of Economics, Finance & Accounting, 3(5), 541-550. https://dinastipub.org/DIJEFA/article/view/1507/1058
- Hussain, R. Y., Wen, X., Hussain, H., Saad, M., & Zafar, Z. (2022). Do leverage decisions mediate the relationship between board structure and insolvency risk? A comparative mediating role of capital structure and debt maturity. South Asian Journal of Business Studies, 11(1), 104-125. https://www.emerald.com/insight/content/doi/10.1108/SAJBS-05-2020-0150/full/html
- Jannah, A. N., & As’ari, H. (2023). The influence of liquidity, profitability and solvency on audit delay in energy sector companies listed on the idx in 2020-2022. Journal of Economics, 12(04), 2396-2402. https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/view/3154
- Karim, R., Mamun, M.A.A., & Kamruzzaman, A.S.M. (2023). Cash conversion cycle and financial performance: evidence from manufacturing firms of Bangladesh. Asian Journal of Economics and Banking, 8(1). https://doi.org/10.1108/AJEB-03-2022-0033
- Macrotrends (s/f). Alcoholic Beverages - Top Stocks. https://www.macrotrends.net/stocks/industry/19/alcoholic-beverages
- Macrotrends (2023). Food Items - Meat Products – Top Stocks. (2023, December 21). Retrieved from https://www.macrotrends.net/stocks/industry/75/food-items---meat-products
- Matevosyan, A. V., Hovakanyan, L. Y., Matevosyan, M. H., & Grigoryan, A. Z. (2023). The Proposed Approach to Current Financial Requirement Management in Organizations of The Alcoholic Beverages. Journal of Law and Sustainable Development, 11(12). https://doi.org/10.55908/sdgs.v11i12.1721
- Megasanti, L. C., & Riwayati, H. E. (2023). The Effect Of Liquidity, Profitability, And Solvency On Financial Distress With Good Corporate Governance As A Moderation. International Journal of Economic Studies and Management (IJESM), 3(1), 398-408. https://doi.org/10.5281/zenodo.7740329
- Mukaka, M.M. (2012). Statistics Corner: A guide to appropriate use of Correlation coefficient in medical research. Malawi Medical Journal, 24(3), 69-71. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3576830/pdf/MMJ2403-0069.pdf
- Nikolova, L.V. (2015). Risk Management of Innovation Projects in the Context of Globalization. International Journal of Economics and Financial Issues, 5(3), 73-79. https://www.econjournals.com/index.php/ijefi/article/view/1692/pdf
- Nworie, G. O., Moedu, V. O., & Onyali, C. I. (2023). Contribution of Current Assets Management to the Financial Performance of Listed Consumer Goods Firms in Nigeria. International Journal of Trend in Scientific Research and Development, 7(1), 77-87. https://acortar.link/M0ZQXJ
- Ritchie, H., Rosado, P., & Roser, M. (2019). Meat and dairy production. Our world in data. Retrieved from: https://ourworldindata.org/meat-production
- Shen, Z. D., & Chen, S. (2022). Financial Distress Prediction: A Hybrid Tracking Model Approach. Asian Journal of Economics, Business and Accounting, 22(24), 185-192. https://journalajeba.com/index.php/AJEBA/article/view/906/1811
- Sitinjak. C., Johanna. A., Avinash. B., & Bevoor, B. (2023). Financial Management: A System of Relations for Optimizing Enterprise Finances – a Review. Journal Markcount Finance, 1(3), 160-170. https://doi.org/10.55849/jmf.v1i3.104
- Van Horn, J. C., & Wachowicz, J. M. (2008). Fundamentals of Financial Management. 13th Edition. England: Prentice Hall. https://acortar.link/i3QjuE