Abstract: The local economic challenges facing South Africa, so far, have been addressed by the introduction of policies. Hence, there are major policy reforms that have taken place pre- Covid-19 era, including the protection of rural producers, consumers and the markets. However, the spread of COVID-19 novel coronavirus around in 2020 was fast and dramatic. With the death toll experienced by various countries around the world, the effect had tremendous impact on the general economy and local communities in rural areas (in specific). The economic effects were also exacerbated by emergency strategies (like lockdowns) by different countries around the world. Nonetheless, it has been established that rural institutions are viewed as having a potential role in rural poverty alleviation and sustainable development. Hence, the enforcement of local institutions in rural areas and capacity building as fundamental elements of strategies for rural poverty alleviation are necessary. Local economic growth,

• Publication Date: 27-Sep-2020
• DOI: 10.15224/978-1-63248-190-0-01
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Abstract: Financial statement analysis is used by investors, creditors, security analysts, bank lending officers, managers, auditors, taxing authorities, regulatory agencies, labour unions, customers, and many other parties who rely on financial data for making economic decisions about a company. Growth of companies is therefore essential for the development process. One of the ways how companies attract external financing for development is to list them on the stock market. The stock markets in the Baltic States has not extensively analysed in detail on listed companies's financial statement level. Therefore, the aim of this study is to analyse in the Baltic States stock market listed companies’ financial ratio variables. Research results reveals the portrait of Baltic States listed company based on their financial ratios and discovers which ratios and on what level explain variability in their financial statements. Financial ratio variables indicate strong correlations between debt to equity

• Publication Date: 27-Sep-2020
• DOI: 10.15224/978-1-63248-190-0-02
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• Downloads: 0