Detailed Information on Publication Record
2018
The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic
ŠELIGOVÁ, MarkétaBasic information
Original name
The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic
Authors
ŠELIGOVÁ, Markéta (203 Czech Republic, guarantor, belonging to the institution)
Edition
Springer Nature Switzerland, Advances in Time Series Data Methods in Applied Economic Research: International Conference on Applied Economics (ICOAE)2018, p. 377-387, 16 pp. 2018
Publisher
Springer Proceeding in Business and Economics
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50202 Applied Economics, Econometrics
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
printed version "print"
RIV identification code
RIV/47813059:19520/18:00011223
Organization unit
School of Business Administration in Karvina
ISBN
978-3-030-02193-1
Keywords in English
Debt funding sources Liquidity of companies Long-term bank loans Medium-sized companies
Změněno: 21/11/2019 15:05, RNDr. Daniel Jakubík
Abstract
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.