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Financial Resilience: The Role of Financial Balance, Profitability, and Ownership
University of Skövde, School of Business. University of Skövde, Enterprises for the Future. (Strategiskt entreprenörskap, Strategic Entrepreneurship (StrEnt))ORCID iD: 0000-0002-4217-2068
2018 (English)In: The Resilience Framework: Organizing for Sustained Viability / [ed] Stefan Tengblad, Margareta Oudhuis, Singapore: Springer, 2018, p. 111-131Chapter in book (Refereed)
Abstract [en]

This chapter focuses on financial resilience, which is an important aspect of the organizational resilience framework presented in Chap.  3. Financial resilience includes the balance between assets and debts and also resources like profitability, liquidity and ownership structure. The financial resilience of six of the largest Swedish companies is analyzed in the chapter. The selection includes companies with strong, average, and weak financial resilience, which enables us to contrast different companies to each other. The data is mainly collected from annual reports. The chapter concludes that it is necessary to have a profitable core operation to achieve strong financial resilience, but it is also important to have strong and long-term-oriented owners who retain a part of the profit in the companies as a buffer for more challenging times.

Place, publisher, year, edition, pages
Singapore: Springer, 2018. p. 111-131
Series
Work, Organization, and Employment, ISSN 2520-8837, E-ISSN 2520-8845
Keywords [en]
Financial resilience, Financial balance, Financial square model
National Category
Business Administration
Research subject
Strategic Entrepreneurship
Identifiers
URN: urn:nbn:se:his:diva-14969DOI: 10.1007/978-981-10-5314-6_7ISBN: 978-981-10-5313-9 (print)ISBN: 978-981-10-5314-6 (electronic)OAI: oai:DiVA.org:his-14969DiVA, id: diva2:1191424
Available from: 2018-03-19 Created: 2018-03-19 Last updated: 2018-04-25Bibliographically approved

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Jansson, Christian

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CiteExportLink to record
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Citation style
  • apa
  • apa-cv
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf