D 2017

The Impact of Capital Structure on Profitability: An Empirical Analysis of Energy Sector in Czech Republic, Slovak Republic and Republic of Poland.

RŮČKOVÁ, Petra a René WOLNY

Základní údaje

Originální název

The Impact of Capital Structure on Profitability: An Empirical Analysis of Energy Sector in Czech Republic, Slovak Republic and Republic of Poland.

Autoři

RŮČKOVÁ, Petra (203 Česká republika, domácí) a René WOLNY (203 Česká republika)

Vydání

Brno, Proceedings of 20th International Scientific Conference Enterprise and Competitive Environment, od s. 721 - 730, 10 s. 2017

Nakladatel

Mendel University in Brno

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50204 Business and management

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

elektronická verze "online"

Kód RIV

RIV/47813059:19520/17:00010996

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

ISBN

978-80-7509-499-5

Klíčová slova anglicky

profitability; debt resources; return on equity; return on assets; GMM
Změněno: 7. 2. 2020 10:58, RNDr. Daniel Jakubík

Anotace

V originále

The influence of the capital structure on profitability of companies is investigated in this contribution. Based on the theoretical research, debt resources have a significant impact on the profitability of companies. Considering fundraising in the Czech Republic, where companies are financing their activities primarily from the banking sector, the debt sources must be gained by the best possible conditions. This is supported besides by the trade-off theory. Based on previous studies and realized analyses the aim of the paper is to find out answer to question, whether there is any dependence between profitability and debt financing sources of Energy Sector companies in the Czech Republic, Slovak Republic and Republic of Poland in period 2007 - 2014. GMM is main method for our analysis and data have been taken from Amadeus database.