J 2019

Influence of Selected Determinants on the Financial Structure in the Civil Engineering Companies in the Selected Countries

ŠKULÁŇOVÁ, Nicole

Basic information

Original name

Influence of Selected Determinants on the Financial Structure in the Civil Engineering Companies in the Selected Countries

Authors

ŠKULÁŇOVÁ, Nicole

Edition

Socialiniai Tyrimai, 2019, 2351-6712

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Country of publisher

Lithuania

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

Organization unit

School of Business Administration in Karvina

Keywords in English

Financial structure, profitability, nondebt tax shield, GDP growth, inflation

Tags

Reviewed
Změněno: 22/12/2019 21:13, Ing. Nicole Škuláňová, Ph.D.

Abstract

V originále

Analyzing and deciding on capital structure is one of the core activities of any company, as evidenced by the vast amount of research. Each sector is characterized by a different capital structure. This article deals with the impact of profitability, non-debt tax shield, GDP growth rate, and inflation rate on the overall, long-term, and short-term debt of medium and large civil engineering companies. The analysis is carried out for the period 2009–2018 on eleven selected economies, including the extended Visegrád Group and Estonia, Lithuania, and Latvia. The input data is obtained from the Orbis database and the World Bank database. Panel regression using the Generalized Method of Moment is used to analyze the influence of selected determinants on debt