Practical Applicability of the Pecking Order Theory in Conditions of the Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002694" target="_blank" >RIV/47813059:19520/14:#0002694 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.ekf.vsb.cz/erp21/en/proceedings/" target="_blank" >http://www.ekf.vsb.cz/erp21/en/proceedings/</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Practical Applicability of the Pecking Order Theory in Conditions of the Czech Republic

Popis výsledku v původním jazyce

Management of financial structure has been an object of economists´ interest for almost a century. In spite of the long period of research of the issue there is no unified approach to division of internal and external finance sources. The aim is to verify a generally valid statement that the greater use of external capital leads to growth of return on equity. This is the base on which hypotheses have been formulated and they will be checked in the analytical part. The issue is examined based on data from five business branches as wholes from 2004 to 2012. The attention is also drawn to the fact that there are differences in the use of finance sources in case that the majority owner is a domestic subject or foreign subject. Based on the correlation of values of debt-equity ratio and return on equity, the situation will be compared and the formulated hypotheses about the use of finance sources will be proven or disproven.

Název v anglickém jazyce

Practical Applicability of the Pecking Order Theory in Conditions of the Czech Republic

Popis výsledku anglicky

Management of financial structure has been an object of economists´ interest for almost a century. In spite of the long period of research of the issue there is no unified approach to division of internal and external finance sources. The aim is to verify a generally valid statement that the greater use of external capital leads to growth of return on equity. This is the base on which hypotheses have been formulated and they will be checked in the analytical part. The issue is examined based on data from five business branches as wholes from 2004 to 2012. The attention is also drawn to the fact that there are differences in the use of finance sources in case that the majority owner is a domestic subject or foreign subject. Based on the correlation of values of debt-equity ratio and return on equity, the situation will be compared and the formulated hypotheses about the use of finance sources will be proven or disproven.

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Economics and Business Management in the 21st Century

ISBN

978-80-248-3520-4

ISSN

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e-ISSN

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Počet stran výsledku

14

Strana od-do

146-159

Název nakladatele

VŠB - Technical University of Ostrava, Faculty of Economics,

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

10. 9. 2014

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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