Insolvency proceedings - analysis of enterprise leverage

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F19%3A00334896" target="_blank" >RIV/68407700:21630/19:00334896 - isvavai.cz</a>
Result on the web
<a href="https://msed.vse.cz/msed_2019/article/198-Camska-Dagmar-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2019/article/198-Camska-Dagmar-paper.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18267/pr.2019.los.186.25" target="_blank" >10.18267/pr.2019.los.186.25</a>

Result language
angličtina
Original language name
Insolvency proceedings - analysis of enterprise leverage
Original language description
The paper is focused on companies entering insolvency proceedings in the Czech Republic because they have met conditions for declaring bankruptcy according the Insolvency Act No. 182/2006 Coll. The paper deals with a specific enterprise feature – leverage. Leverage characters financial structure. It shows the relationship between financing by the owners and by creditors. Sources provided by the creditors have to be repaid and therefore they constitute a financial risk for the enterprise. It is generally assumed that the companies declared bankruptcy are more indebted than the companies without existential problems. This paper wants to verify if there are significant differences among the insolvent enterprises and if there can be detected industry branches with higher indebtedness and lower indebtedness. It can be proved that the influence of industry sector is not relevant for the used financial structure. The data sample is obtained from the corporate database Albertina. The leverage analysis is based on the total debt ratio. The results are interpreted and summarized with the use of descriptive statistics.
Czech name
—
Czech description
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Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Conference Proceedings of the 13th International Days of Statistics and Economics
ISBN
978-80-87990-18-6
ISSN
—
e-ISSN
—
Number of pages
9
Pages from-to
251-259
Publisher name
Libuše Macáková, MELANDRIUM
Place of publication
Slaný
Event location
Praha
Event date
Sep 5, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000589182000025

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