Effect of the equity multiplier indicator in companies according to sectors
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F13%3A%230000060" target="_blank" >RIV/71226401:_____/13:#0000060 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.11118/actaun201361020385" target="_blank" >http://dx.doi.org/10.11118/actaun201361020385</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Effect of the equity multiplier indicator in companies according to sectors
Original language description
Managers carry out the demand of the owners to maximise the rentability of invested capital with regards to the taken risk. The tool that evaluates the suitability to indebt in order to reach a higher rentability is the equity multiplier indicator. An analysis of the multiplier was carried out on 10 years of data from 456 Czech companies. Based on the data from these companies the in? uence of two components of the multiplier, which characterise the in? uence of indebtedness on the return on equity, wasanalysed. These components are ?? nancial leverage? and ?interest burden?, these having an antagonistic e? ect. The low variability of the equity multiplier is apparent in the companies of the administrative and support service sector and it is also relatively low in the companies of the agriculture, forestry and ? shing sector; on the contrary, in for example the professional, scienti? c and technical activities and the sector of water, sewage and waste there are companies with higher
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
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2013
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
0524-7403
e-ISSN
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Volume of the periodical
61
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
7
Pages from-to
385-392
UT code for WoS article
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EID of the result in the Scopus database
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