Does Biological Assets´ Tangibility Matter from the Profitability and Cost of Debt Perspective for Agricultural Firms?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F25%3A103023" target="_blank" >RIV/60460709:41110/25:103023 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11230/25:10513973
Result on the web
<a href="https://doi.org/10.7160/aol.2025.170207" target="_blank" >https://doi.org/10.7160/aol.2025.170207</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7160/aol.2025.170207" target="_blank" >10.7160/aol.2025.170207</a>
Alternative languages
Result language
angličtina
Original language name
Does Biological Assets´ Tangibility Matter from the Profitability and Cost of Debt Perspective for Agricultural Firms?
Original language description
The research aim is to identify specific production factors (biological assets) and target potential profitability and cost of external debt dependency on these biological assets (as an anticipated essential driving forces) due to relative scarcity of this topic coverage. Underlying unbalanced data set consist of 229 agricultural firms managing their business operations from 2011 till 2019 in the Czech Republic. The paper is innovative based on its combination of several different factors including incorporation of biological assets' variables influencing firm's profitability and by assessing determinants concerning cost of external debt using a panel regression analysis with fixed effects. Biological assets tangibility is relatively low with declining trend. Contrary to it land tangibility experienced exactly opposite development caused by "skyrocket" land price appreciation. It has been proven that cost of debt is depending only on the short/long-term leverage levels, thus primarily the total indebtedness is essential and relevant driving force.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
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
1804-1930
Volume of the periodical
17
Issue of the periodical within the volume
JUN 2025
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
12
Pages from-to
95-106
UT code for WoS article
001533993900007
EID of the result in the Scopus database
2-s2.0-105011179196