Insolvency proceedings - analysis of enterprise leverage

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F19%3A00334896" target="_blank" >RIV/68407700:21630/19:00334896 - isvavai.cz</a>

Výsledek na webu

<a href="https://msed.vse.cz/msed_2019/article/198-Camska-Dagmar-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2019/article/198-Camska-Dagmar-paper.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.18267/pr.2019.los.186.25" target="_blank" >10.18267/pr.2019.los.186.25</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Insolvency proceedings - analysis of enterprise leverage

Popis výsledku v původním jazyce

The paper is focused on companies entering insolvency proceedings in the Czech Republic because they have met conditions for declaring bankruptcy according the Insolvency Act No. 182/2006 Coll. The paper deals with a specific enterprise feature – leverage. Leverage characters financial structure. It shows the relationship between financing by the owners and by creditors. Sources provided by the creditors have to be repaid and therefore they constitute a financial risk for the enterprise. It is generally assumed that the companies declared bankruptcy are more indebted than the companies without existential problems. This paper wants to verify if there are significant differences among the insolvent enterprises and if there can be detected industry branches with higher indebtedness and lower indebtedness. It can be proved that the influence of industry sector is not relevant for the used financial structure. The data sample is obtained from the corporate database Albertina. The leverage analysis is based on the total debt ratio. The results are interpreted and summarized with the use of descriptive statistics.

Název v anglickém jazyce

Insolvency proceedings - analysis of enterprise leverage

Popis výsledku anglicky

The paper is focused on companies entering insolvency proceedings in the Czech Republic because they have met conditions for declaring bankruptcy according the Insolvency Act No. 182/2006 Coll. The paper deals with a specific enterprise feature – leverage. Leverage characters financial structure. It shows the relationship between financing by the owners and by creditors. Sources provided by the creditors have to be repaid and therefore they constitute a financial risk for the enterprise. It is generally assumed that the companies declared bankruptcy are more indebted than the companies without existential problems. This paper wants to verify if there are significant differences among the insolvent enterprises and if there can be detected industry branches with higher indebtedness and lower indebtedness. It can be proved that the influence of industry sector is not relevant for the used financial structure. The data sample is obtained from the corporate database Albertina. The leverage analysis is based on the total debt ratio. The results are interpreted and summarized with the use of descriptive statistics.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

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

Název statě ve sborníku

Conference Proceedings of the 13th International Days of Statistics and Economics

ISBN

978-80-87990-18-6

ISSN

—

e-ISSN

—

Počet stran výsledku

9

Strana od-do

251-259

Název nakladatele

Libuše Macáková, MELANDRIUM

Místo vydání

Slaný

Místo konání akce

Praha

Datum konání akce

5. 9. 2019

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000589182000025