Optimal capital structure as a tool of company competitiveness
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25510%2F14%3A39899448" target="_blank" >RIV/00216275:25510/14:39899448 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.5593/sgemsocial2014/B22/S6.067" target="_blank" >http://dx.doi.org/10.5593/sgemsocial2014/B22/S6.067</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5593/sgemsocial2014/B22/S6.067" target="_blank" >10.5593/sgemsocial2014/B22/S6.067</a>
Alternative languages
Result language
angličtina
Original language name
Optimal capital structure as a tool of company competitiveness
Original language description
In recent years a number of empirical studies have been focused on the capital structure and its optimization and have been mainly applied to a group of enterprises or to the industry. Empirical work in this area has lagged behind the theoretical research and for this reason we used statistical models to the data of a specific enterprise, in which we identified the key determinants of the capital structure. Nowadays there is no universal and uniquely reliable way how to optimize business capital. Therefore we use in the calculations several models that offer a different view on the capital structure, to ensure the multidimensionality and comparability when optimizing the capital structure. In our study we use the model, in which ROE is used as the optimization criterion, to calculate the optimal debt. Subsequently, we identify the optimal ratio of equity to assets and finally the recommended debt for the specific company is determined. The recommendation to minimize or maximize the pro
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Political Sciences, Law, Finance, Economics and Tourism: Conference proceedings. Volume II, "Finance"
ISBN
978-619-7105-26-1
ISSN
2367-5659
e-ISSN
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Number of pages
8
Pages from-to
527-534
Publisher name
SGEM
Place of publication
Sofia
Event location
Albena
Event date
Sep 2, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000359614600067