Impact of Working Capital Management of Czech Companies on Their Performance
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F24%3AA0000504" target="_blank" >RIV/47813059:19520/24:A0000504 - isvavai.cz</a>
Result on the web
<a href="https://www.emerald.com/insight/content/doi/10.1108/978-1-83753-840-920241019/full/html" target="_blank" >https://www.emerald.com/insight/content/doi/10.1108/978-1-83753-840-920241019/full/html</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1108/978-1-83753-840-920241019" target="_blank" >10.1108/978-1-83753-840-920241019</a>
Alternative languages
Result language
angličtina
Original language name
Impact of Working Capital Management of Czech Companies on Their Performance
Original language description
The amount of current assets and the structure of their financing within working capital management define the level of risk, liquidity and profitability of any company. This chapter identifies the type of working capital investment and financing policies and reveals their influence on the financial performance of Czech firms. The type of investment policy was defined, based on the structure of current assets and the working capital-to-sales ratio, followed by the share of different liabilities in assets, used to determine the financing policy. The Orbis database provided the chapter with indexes of manufacturing, agricultural, construction and trade companies for the period of 2012-2021. The results obtained revealed the liquidity and financial independence of all selected industries. Flexible investment and conservative financing policies in agriculture were accompanied by low profitability. The decrease of the working capital-to-sales ratio and the attraction of the current debts for assets financing provided a higher return on assets in cases of the manufacturing, agricultural and trade sectors.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Modeling Economic Growth in Contemporary Czechia
ISBN
9781837538416
Number of pages of the result
15
Pages from-to
299-313
Number of pages of the book
322
Publisher name
Emerald Publishing Limited
Place of publication
Leeds
UT code for WoS chapter
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