Detailed Information on Publication Record
2017
The Effect of Funding Sources on Liquidity of Companies in Selected Sectors in the Czech Republic
ŠELIGOVÁ, MarkétaBasic information
Original name
The Effect of Funding Sources on Liquidity of Companies in Selected Sectors in the Czech Republic
Authors
ŠELIGOVÁ, Markéta (203 Czech Republic, guarantor, belonging to the institution)
Edition
Brno, 20th International Scientific Conference "Enterprise and Competitive Environment, p. 764-773, 10 pp. 2017
Publisher
Mendel University in Brno
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
electronic version available online
RIV identification code
RIV/47813059:19520/17:00010957
Organization unit
School of Business Administration in Karvina
ISBN
978-80-7509-499-5
Keywords in English
correlation; debt equity ratio; fixed assets; leverage ratio; liquidity of companies; regression analysis; return on equity
Změněno: 7/2/2020 10:58, RNDr. Daniel Jakubík
Abstract
V originále
The aim of this paper is to determine the effect of funding sources on liquidity of companies in selected sectors in the Czech Republic from 2000 to 2015. With the purpose to fulfill the aim, we examine existence and character of relationship between selected financial factors (debt equity ratio, return on equity, share of fixed assets to total assets, share of earnings before interest and taxes to total assets) and liquidity of the companies in sectors such as mining and quarrying, manufacturing, construction, service sector and energy sector. The existence of relationship between financial factors and liquidity of companies is tested by correlation analysis and regression analysis. The results show that there is the negative impact of share of fixed assets to total assets on liquidity of companies in service sector in the Czech Republic. The liquidity of companies was positively influenced by the return on equity and negatively influenced by debt equity ratio in energy sector in the Czech Republic.