Determinants of capital structure: evidence from the Czech automotive industry
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F12%3A00192014" target="_blank" >RIV/62156489:43110/12:00192014 - isvavai.cz</a>
Výsledek na webu
<a href="http://dx.doi.org/10.11118/actaun201260070217" target="_blank" >http://dx.doi.org/10.11118/actaun201260070217</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.11118/actaun201260070217" target="_blank" >10.11118/actaun201260070217</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Determinants of capital structure: evidence from the Czech automotive industry
Popis výsledku v původním jazyce
The objective of the paper is to identify the determinants infl uencing the capital structure of large and medium-sized enterprises of the automotive industry in the Czech Republic. The sample consists of 100 companies belonging to NACE division 29. Thedata come from fi nancial statements of selected companies and cover a period from 2006 to 2010. For the purpose of the paper quantitative research is used. The selection of appropriate dependent and independent is realized on the basis of secondary research on studies of capital structure. The analysis of variance, correlation and regression analyses have been performed to see the nature of relationship between variables. Size, tangibility, profi tability and liquidity appear to be relevant determinants of capital structure. Growth is not a statistically signifi cant determinant of leverage. It has been observed that the maturity of debt has to be considered, since the investigation of total debt only, does not provide precious results
Název v anglickém jazyce
Determinants of capital structure: evidence from the Czech automotive industry
Popis výsledku anglicky
The objective of the paper is to identify the determinants infl uencing the capital structure of large and medium-sized enterprises of the automotive industry in the Czech Republic. The sample consists of 100 companies belonging to NACE division 29. Thedata come from fi nancial statements of selected companies and cover a period from 2006 to 2010. For the purpose of the paper quantitative research is used. The selection of appropriate dependent and independent is realized on the basis of secondary research on studies of capital structure. The analysis of variance, correlation and regression analyses have been performed to see the nature of relationship between variables. Size, tangibility, profi tability and liquidity appear to be relevant determinants of capital structure. Growth is not a statistically signifi cant determinant of leverage. It has been observed that the maturity of debt has to be considered, since the investigation of total debt only, does not provide precious results
Klasifikace
Druh
J<sub>x</sub> - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)
CEP obor
AE - Řízení, správa a administrativa
OECD FORD obor
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Návaznosti výsledku
Projekt
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Návaznosti
Z - Vyzkumny zamer (s odkazem do CEZ)
Ostatní
Rok uplatnění
2012
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
ISSN
1211-8516
e-ISSN
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Svazek periodika
60
Číslo periodika v rámci svazku
7
Stát vydavatele periodika
CZ - Česká republika
Počet stran výsledku
8
Strana od-do
217-224
Kód UT WoS článku
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EID výsledku v databázi Scopus
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