Corporate Indebtedness: Bane Or Blessing? Empirical Evidence from the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F14%3A00002142" target="_blank" >RIV/46747885:24310/14:00002142 - 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
Corporate Indebtedness: Bane Or Blessing? Empirical Evidence from the Czech Republic
Original language description
This study focuses on the indebtedness of Czech companies and its development between the years 2006 and 2011, thereby contributing to an ongoing discussion on the corporate capital structure and its optimal form. The paper aims to provide up-to-date empirical evidence on the relationship between the leverage and corporate performance of selected companies from the Czech Republic within 14 major business sectors. The results of this study show that corporate leverage varies across industries, and confirms the impact of the global financial and economic crisis on the corporate indebtedness level. Furthermore, the findings indicate that, generally, financial leverage was associated with positive effects on corporate profitability in most business sectors.
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
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
Proceedings of the International Conference Hradec Economic Days 2014
ISBN
978-80-7435-370-3
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
360-369
Publisher name
Univerzita Hradec Králové
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Jan 1, 2014
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
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