Determinants of capital structure: evidence from the Czech automotive industry
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F12%3A00192014" target="_blank" >RIV/62156489:43110/12:00192014 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.11118/actaun201260070217" target="_blank" >http://dx.doi.org/10.11118/actaun201260070217</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.11118/actaun201260070217" target="_blank" >10.11118/actaun201260070217</a>
Alternative languages
Result language
angličtina
Original language name
Determinants of capital structure: evidence from the Czech automotive industry
Original language description
The objective of the paper is to identify the determinants infl uencing the capital structure of large and medium-sized enterprises of the automotive industry in the Czech Republic. The sample consists of 100 companies belonging to NACE division 29. Thedata come from fi nancial statements of selected companies and cover a period from 2006 to 2010. For the purpose of the paper quantitative research is used. The selection of appropriate dependent and independent is realized on the basis of secondary research on studies of capital structure. The analysis of variance, correlation and regression analyses have been performed to see the nature of relationship between variables. Size, tangibility, profi tability and liquidity appear to be relevant determinants of capital structure. Growth is not a statistically signifi cant determinant of leverage. It has been observed that the maturity of debt has to be considered, since the investigation of total debt only, does not provide precious results
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
ISSN
1211-8516
e-ISSN
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Volume of the periodical
60
Issue of the periodical within the volume
7
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
8
Pages from-to
217-224
UT code for WoS article
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EID of the result in the Scopus database
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