WACC and factors influenced its level in conditions of SMEs in Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F15%3A%230000731" target="_blank" >RIV/26138077:_____/15:#0000731 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
WACC and factors influenced its level in conditions of SMEs in Czech Republic
Original language description
This paper is focused on the indicator of WACC and EVA in the conditions of SMEs in the transitional economy in the Czech Republic. The behavior of SMEs in connection with the capital structure is described as specific, with a special features rooted inthe national economic conditions. The research question is what is the level of WACC and EVA in the SMEs companies in the Czech Republic and if there are differences in the individual section of SMEs, i. e. in micro, small and medium companies. The research is based on the set of three hundreds of Czech small and medium companies in industrial branch, data of which were derived from the database of Albertina. The results confirmed the findings of previous research: high level of capital cost and a low level of EVA indicator. The level of WACC indicator is in negative relation with the firm size positive relation with the costs of equity.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Finanční řízení podniků a finančních institucí
ISBN
978-80-248-3865-6
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
299-308
Publisher name
VŠB-TU Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Jan 1, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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