Izvorni znanstveni članak
https://doi.org/10.17559/JF-2026020000028
MATERIAL COMPENSATIONS AND THEIR IMPACT ON LIQUIDITY
Andreja Katolik Kovačević
orcid.org/0000-0002-8985-0903
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* Dopisni autor.
Sažetak
The study analyzes the impact of the growth of material compensation per employee on the liquidity of companies in Eastern Croatia. The authors use non-parametric tests (Kruskal-Wallis, Mann-Whitney) and Spearman correlation to examine differences by company size and county, and the relationship between material compensation and the coefficients of current and accelerated liquidity. The main findings show that the relationship between material compensation and liquidity is statistically significant only in small companies (weak positive correlation: Rho ≈ 0.21–0.25, P < 0.001), while medium-sized and large companies do not show a consistent positive relationship; in large companies, in some cases, the relationship is negative. Regional analysis confirms similar patterns in all counties, with differences by company size being partially significant. The author concludes that the increase in material compensation usually follows the growth in liquidity in small companies, probably due to more efficient working capital management and productivity adjustments, but this relationship is not universal for medium-sized and large entities.
Ključne riječi
Eastern Croatia, liquidity, material compensation
Hrčak ID:
346742
URI
Datum izdavanja:
30.4.2026.
Posjeta: 0 *