The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech ...

@inproceedings{32070,
   author = {Šeligová, Markéta},
   address = {Springer Nature Switzerland},
   booktitle = {Advances in Time Series Data Methods in Applied Economic Research: International Conference on Applied Economics (ICOAE)2018},
   keywords = {Debt funding sources Liquidity of companies Long-term bank loans Medium-sized companies},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Springer Nature Switzerland},
   isbn = {978-3-030-02193-1},
   pages = {377-387},
   publisher = {Springer Proceeding in Business and Economics},
   title = {The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic},
   year = {2018}
}

TY  - JOUR
ID  - 32070
AU  - Šeligová, Markéta
PY  - 2018
TI  - The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic
PB  - Springer Proceeding in Business and Economics
CY  - Springer Nature Switzerland
SN  - 9783030021931
KW  - Debt funding sources Liquidity of companies Long-term bank loans Medium-sized companies
N2  - The aim of this paper is to determine the impact of structure of debt funding sources on liquidity of medium-sized companies in the Czech Republic from 2006 to 2015. With the purpose to fulfill the aim, we determine the impact of structure of debt funding sources including variables such as debt equity ratio, supplier loans, long-term bank loans, short-term bank loans, other long-term liabilities, other short-term liabilities on liquidity of medium-sized companies in the Czech Republic. The relationship between structure of debt funding sources and liquidity of medium-sized companies is determined using a correlation analysis and panel regression analysis using generalized method of moments (GMM). The results confirm that there is negative impact of long-term bank loans on liquidity of medium-sized companies in the Czech Republic. The results also confirm the positive impact of other short-term liabilities on liquidity of medium-sized companies in the Czech Republic.
ER  - 

ŠELIGOVÁ, Markéta. The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic. In \textit{Advances in Time Series Data Methods in Applied Economic Research: International Conference on Applied Economics (ICOAE)2018}. Springer Nature Switzerland: Springer Proceeding in Business and Economics, 2018, s.~377-387, 16 s. ISBN~978-3-030-02193-1.