Determinants of company indebtedness in the construction industry

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F21%3A39917575" target="_blank" >RIV/00216275:25410/21:39917575 - isvavai.cz</a>
Result on the web
<a href="https://mme2021.v2.czu.cz/en/r-16791-news-mme-2021/proceedings-of-the-39-th-international-conference-on-mme-202.html" target="_blank" >https://mme2021.v2.czu.cz/en/r-16791-news-mme-2021/proceedings-of-the-39-th-international-conference-on-mme-202.html</a>
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Determinants of company indebtedness in the construction industry
Original language description
The aim of this paper is to reveal the determinants of indebtedness in the construc-tion industry companies. The construction industry is a specific sector where pay-ment morale is generally poor. It gradually negatively affects other companies in the following sectors. Finding the essential determinants of corporate indebtedness can prevent liquidity problems. Based on a literature review, the following determinants were selected for analyses: share of fixed assets, interest rate, return on assets, size of the company and its age. Correlation analysis and multiple linear regression analysis have been chosen to de-termine the influence of the determinants within years 2016-2019. It was found that the generally recommended fixed asset share determinant was not an appropriate determinant and its possible effect on indebtedness was also proven to be insignificant. Surprisingly interest rates have also classified as insignifi-cant. Significant determinants negatively affecting indebtedness for construction companies were determined as enterprise size and duration. The most important de-terminant was the return on assets with negative influencing outcome.
Czech name
—
Czech description
—

Project
—
Continuities
S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 39th International Conference on MME2021
ISBN
978-80-213-3126-6
ISSN
—
e-ISSN
—
Number of pages
6
Pages from-to
155-160
Publisher name
Česká zemědělská univerzita v Praze
Place of publication
Praha
Event location
Praha
Event date
Sep 8, 2021
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000936369700025

Similar results(10)