Specific Financial Sources of Insolvent and Healthy Enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60461373%3A22810%2F20%3A43921159" target="_blank" >RIV/60461373:22810/20:43921159 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.46585/sp28021066" target="_blank" >https://doi.org/10.46585/sp28021066</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.46585/sp28021066" target="_blank" >10.46585/sp28021066</a>
Alternative languages
Result language
angličtina
Original language name
Specific Financial Sources of Insolvent and Healthy Enterprises
Original language description
This paper is focused on corporate capital structure from the point of view of specific financial sources. These specific sources consist of liabilities provided by the entities closely connected to company itself such as subsidiaries, parent companies, or individual owners. The conducted research compares financing insolvent enterprises with financing companies without any existential difficulties. Specific sources can be distinguished according to their maturity and kind of providers how they are classified in balance sheets. The comparison is made on financial statements extracted from the prepaid corporate database Albertina. The obtained data sample consists of companies that belong to three industry branches specified according to CZ-NACE classification as CZ-NACE 25, CZ-NACE 28, and CZ-NACE F. Relative frequencies show which enterprises finance more by these specific sources and which kinds of sources are used more frequently. Ratio analysis presented by descriptive statistics expresses corporate capital structure and manifests the importance of these sources on financing. Gained results confirm if the insolvent entities tend to finance more through specific sources than their healthy counterparts. These findings could have serious consequences for insolvency proceedings and their results such as creditors' satisfaction level, assets monetization tempo. It is evident that it may influence business competitiveness, economic results and overall entrepreneurial stability.
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
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice
ISSN
1211-555X
e-ISSN
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Volume of the periodical
28
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
8
Pages from-to
"nečíslováno"
UT code for WoS article
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EID of the result in the Scopus database
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