Current Issue
Volume
30
year
2024
Issue
1

Archive

AUTHOR'S GUIDELINES

ABSTRACT GUIDELINES

SUBMIT AN ARTICLE

SCIENTFIC AND RESEARCH PROFILE

PUBLICATION ETHICS

PEER REVIEW POLICY

ABSTRACTING AND INDEXING

EDITORIAL BOARD

INTERNATIONAL EDITORIAL BOARD

PUBLISHER


Economic Alternatives articles are published open access under a Creative Commons CC BY 4.0 user licence

ADDRESS OF THE EDITORIAL OFFICE

ISSN (print): 1312-7462
ISSN (online): 2367-9409
4 issues per year


The conceptions of the authors express their personal opinion and do not engage the editors of the journal.

The Editorial Board is committed to open science and free access to scientific publications.

No Article Processing Charges apply. The Publisher allows for immediate free access to the work and permits any user to read, download, copy, distribute, print, search, or link to the full texts of articles, crawl them for indexing, pass them as data to software, or use them for any other lawful purpose. 

Every manuscript received will be checked for plagiarism.

Typeset by:

UNWE Publishing Complex

Printed by:

UNWE Publishing Complex

Corporate Indebtedness of Non-Financial Corporations in Bulgaria Economic Alternatives
year
2020
Issue
4

Corporate Indebtedness of Non-Financial Corporations in Bulgaria

Abstract

Corporate indebtedness is a particularly important indicator of the financial condition of enterprises, but its analysis is often underestimated, especially when it comes to its levels for entire economies. An example of this is Bulgaria, which does not analyze the indicator and does not prepare statistics on the issue. This is despite the signals in several consecutive EC reports of excessive levels of corporate indebtedness. The aim of the article is to analyze the corporate indebtedness at the macro level for the period 2008-2018 using absolute and relative indicators and looking for correlations with other economic indicators. The object of study are non-financial enterprises in Bulgaria. The research thesis is based on the assumption that the assessment of corporate indebtedness based only on absolute indicators is wrong and would distort the conclusions and opinions of the users interested in this information. Therefore, to assess corporate indebtedness, absolute indicators, absolute indicators per one enterprise and relative indicators must be combined and analyzed, and their relationships with other key macroeconomic and financial indicators should be identified.

Keywords

Corporate Debt, Indebtedness, Intercompany Indebtedness
Download EA.2020.4.03.pdf