Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F25%3AA0000581" target="_blank" >RIV/47813059:19520/25:A0000581 - isvavai.cz</a>
Výsledek na webu
<a href="https://online.agris.cz/archive/2025/03/07" target="_blank" >https://online.agris.cz/archive/2025/03/07</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7160/aol.2025.170307" target="_blank" >10.7160/aol.2025.170307</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic
Popis výsledku v původním jazyce
The aim of the article is to evaluate determinants of working capital investment policy of companies in agriculture in the Czech Republic from 2013 to 2022. The aim of this article is to identify the main determinants that influence the management of working capital in agricultural enterprises in the Czech Republic and to analyze how these factors affect the operational efficiency and financial stability of these enterprises from 2013 to 2022. Comparative analysis, Granger causality test and generalized method of moments (GMM method) will be used to identify the determinants of working capital. The data base includes 2 516 enterprises operating in agriculture in the Czech Republic. The results showed that the agricultural sector has a relaxed investment policy with a high share of inventories, while in recent years there has been a positive improvement in the effectiveness of working capital management. This policy is significantly influenced by company size, growth opportunities and capital structure. The improvement in return on assets and equity contributed to better financial stability. Companies can optimize their investment policy and improve financial results through better analysis of these factors.
Název v anglickém jazyce
Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic
Popis výsledku anglicky
The aim of the article is to evaluate determinants of working capital investment policy of companies in agriculture in the Czech Republic from 2013 to 2022. The aim of this article is to identify the main determinants that influence the management of working capital in agricultural enterprises in the Czech Republic and to analyze how these factors affect the operational efficiency and financial stability of these enterprises from 2013 to 2022. Comparative analysis, Granger causality test and generalized method of moments (GMM method) will be used to identify the determinants of working capital. The data base includes 2 516 enterprises operating in agriculture in the Czech Republic. The results showed that the agricultural sector has a relaxed investment policy with a high share of inventories, while in recent years there has been a positive improvement in the effectiveness of working capital management. This policy is significantly influenced by company size, growth opportunities and capital structure. The improvement in return on assets and equity contributed to better financial stability. Companies can optimize their investment policy and improve financial results through better analysis of these factors.
Klasifikace
Druh
J<sub>ost</sub> - Ostatní články v recenzovaných periodicích
CEP obor
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OECD FORD obor
50206 - Finance
Návaznosti výsledku
Projekt
—
Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2025
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Agris On-line Papers in Economics and Informatics
ISSN
1804-1930
e-ISSN
—
Svazek periodika
17
Číslo periodika v rámci svazku
3
Stát vydavatele periodika
CZ - Česká republika
Počet stran výsledku
15
Strana od-do
73-87
Kód UT WoS článku
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EID výsledku v databázi Scopus
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