D 2018

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

ŠELIGOVÁ, Markéta

Základní údaje

Originální název

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

Autoři

ŠELIGOVÁ, Markéta (203 Česká republika, garant, domácí)

Vydání

Springer Nature Switzerland, Advances in Time Series Data Methods in Applied Economic Research: International Conference on Applied Economics (ICOAE)2018, od s. 377-387, 16 s. 2018

Nakladatel

Springer Proceeding in Business and Economics

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50202 Applied Economics, Econometrics

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Kód RIV

RIV/47813059:19520/18:00011223

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

ISBN

978-3-030-02193-1

Klíčová slova anglicky

Debt funding sources Liquidity of companies Long-term bank loans Medium-sized companies
Změněno: 21. 11. 2019 15:05, RNDr. Daniel Jakubík

Anotace

V originále

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.