Impact of Working Capital Management of Czech Companies on Their Performance

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F24%3AA0000504" target="_blank" >RIV/47813059:19520/24:A0000504 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.emerald.com/insight/content/doi/10.1108/978-1-83753-840-920241019/full/html" target="_blank" >https://www.emerald.com/insight/content/doi/10.1108/978-1-83753-840-920241019/full/html</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1108/978-1-83753-840-920241019" target="_blank" >10.1108/978-1-83753-840-920241019</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Impact of Working Capital Management of Czech Companies on Their Performance

Popis výsledku v původním jazyce

The amount of current assets and the structure of their financing within working capital management define the level of risk, liquidity and profitability of any company. This chapter identifies the type of working capital investment and financing policies and reveals their influence on the financial performance of Czech firms. The type of investment policy was defined, based on the structure of current assets and the working capital-to-sales ratio, followed by the share of different liabilities in assets, used to determine the financing policy. The Orbis database provided the chapter with indexes of manufacturing, agricultural, construction and trade companies for the period of 2012-2021. The results obtained revealed the liquidity and financial independence of all selected industries. Flexible investment and conservative financing policies in agriculture were accompanied by low profitability. The decrease of the working capital-to-sales ratio and the attraction of the current debts for assets financing provided a higher return on assets in cases of the manufacturing, agricultural and trade sectors.

Název v anglickém jazyce

Impact of Working Capital Management of Czech Companies on Their Performance

Popis výsledku anglicky

The amount of current assets and the structure of their financing within working capital management define the level of risk, liquidity and profitability of any company. This chapter identifies the type of working capital investment and financing policies and reveals their influence on the financial performance of Czech firms. The type of investment policy was defined, based on the structure of current assets and the working capital-to-sales ratio, followed by the share of different liabilities in assets, used to determine the financing policy. The Orbis database provided the chapter with indexes of manufacturing, agricultural, construction and trade companies for the period of 2012-2021. The results obtained revealed the liquidity and financial independence of all selected industries. Flexible investment and conservative financing policies in agriculture were accompanied by low profitability. The decrease of the working capital-to-sales ratio and the attraction of the current debts for assets financing provided a higher return on assets in cases of the manufacturing, agricultural and trade sectors.

Druh

C - Kapitola v odborné knize

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

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

Název knihy nebo sborníku

Modeling Economic Growth in Contemporary Czechia

ISBN

9781837538416

Počet stran výsledku

15

Strana od-do

299-313

Počet stran knihy

322

Název nakladatele

Emerald Publishing Limited

Místo vydání

Leeds

Kód UT WoS kapitoly

—