Use of external sources of financing in the construction industry

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F16%3A39902372" target="_blank" >RIV/00216275:25410/16:39902372 - isvavai.cz</a>

Result on the web

<a href="https://download.upce.cz/fes/scipap/SciPap-D-36.pdf" target="_blank" >https://download.upce.cz/fes/scipap/SciPap-D-36.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Use of external sources of financing in the construction industry

Original language description

This article analyzes the use of external sources of financing in the construction industry. The article responds to the claim that managers of companies in the construction industry prefer bank loans and the fact that a large volume of bank loans failed to their default. The task of this article is to map the current business situation, and the use of external financing types. The survey method chosen was empirical inquiry. It was necessary to determine the size of a representative sample as the entire population was too large. The questionnaire survey revealed that the most frequently used sources of financing include unpaid invoices to suppliers and advances received from customers. Bank loans as initially preferred tool for external financing placed on the third place. Given that the two main sources of financing are short-term nature of resources there are concerns that companies financed with short-term funds also fixed assets and therefore so have solvency problems.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Scientific Papers of the University of Pardubice - Series D, Faculty of Economics and Administration

ISSN

1211-555X

e-ISSN

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Volume of the periodical

23

Issue of the periodical within the volume

36

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

91-101

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85013389493