Financing of the Operations of Retail Chains

cris.sourceIdoai:journals.unwe.bg:article/109
dc.creatorIgnatova, Nikolinkaen
dc.date2025-03-27
dc.date.accessioned2026-09-24T23:09:13Z
dc.date.available2026-09-24T23:09:13Z
dc.descriptionThis study examines the state and changes in the financing of the operations of retail chains in the Republic of Bulgaria. The focus of the research is on retail chains for fast-moving consumer goods, furniture and interiors, household appliances (both black and white goods), and fashion items. These include: „Kaufland Bulgaria“ Ltd., „Lidl Bulgaria“ Ltd. & Co. K.D., „Metro Cash and Carry Bulgaria“" Ltd., „Aiko“ Ltd., „House Market Bulgaria“ AD, „Mömax Bulgaria“ Ltd., „Zora M.M.S.“ Ltd., „Technomarket Bulgaria“ AD, „Technopolis Bulgaria“ AD, „H&M Hennes & Mauritz“ Ltd., „Zara Bulgaria“ Ltd., and „Peek & Cloppenburg“ Ltd. The subject of the research is the composition and structure of the financing sources for the operations of retail chains, which include equity, current liabilities, and non-current liabilities. The study assesses the coverage ratios – the ratio of borrowed capital to equity, debt capital to equity, long-term assets to equity, long-term assets to long-term financing sources, and the weighted average cost of capital. A comparative analysis and statistical methods are applied. The limiting conditions relate to the time period of the study, which spans from 2017 to 2021, and the entities under investigation, which are twelve retail chains in the Republic of Bulgaria.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/109
dc.identifier10.37075/RP.2025.1.08
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/781
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/109/101
dc.rightsCopyright (c) 2025 Nikolinka Ignatova (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 1 (2025); 161-193en
dc.subjectEquityen
dc.subjectNon-current liabilitiesen
dc.subjectCurrent liabilitiesen
dc.subjectFinancing structureen
dc.subjectCapital structureen
dc.subjectWeighted average cost of capitalen
dc.subjectM21 - Business Economicsen
dc.titleFinancing of the Operations of Retail Chainsen
dc.typePeer-reviewed Articleen

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