Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F25%3AA0000581" target="_blank" >RIV/47813059:19520/25:A0000581 - isvavai.cz</a>
Result on the web
<a href="https://online.agris.cz/archive/2025/03/07" target="_blank" >https://online.agris.cz/archive/2025/03/07</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7160/aol.2025.170307" target="_blank" >10.7160/aol.2025.170307</a>
Alternative languages
Result language
angličtina
Original language name
Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic
Original language description
The aim of the article is to evaluate determinants of working capital investment policy of companies in agriculture in the Czech Republic from 2013 to 2022. The aim of this article is to identify the main determinants that influence the management of working capital in agricultural enterprises in the Czech Republic and to analyze how these factors affect the operational efficiency and financial stability of these enterprises from 2013 to 2022. Comparative analysis, Granger causality test and generalized method of moments (GMM method) will be used to identify the determinants of working capital. The data base includes 2 516 enterprises operating in agriculture in the Czech Republic. The results showed that the agricultural sector has a relaxed investment policy with a high share of inventories, while in recent years there has been a positive improvement in the effectiveness of working capital management. This policy is significantly influenced by company size, growth opportunities and capital structure. The improvement in return on assets and equity contributed to better financial stability. Companies can optimize their investment policy and improve financial results through better analysis of these factors.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Agris On-line Papers in Economics and Informatics
ISSN
1804-1930
e-ISSN
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Volume of the periodical
17
Issue of the periodical within the volume
3
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
15
Pages from-to
73-87
UT code for WoS article
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EID of the result in the Scopus database
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