TY  - JOUR
T1  - Agricultural Economic Subjects in the Czech Republic: Capital Structure
AU - Stekla, Jana AU - Gryeova, Marta 
JO  - The Social Sciences
VL  - 12
IS  - 11
SP  - 1918
EP  - 1923
PY  - 2017
DA  - 2001/08/19
SN  - 1818-5800
DO  - sscience.2017.1918.1923
UR  - https://makhillpublications.co/view-article.php?doi=sscience.2017.1918.1923
KW  - Capital structure
KW  -capital disparity
KW  -agriculture
KW  - farmers cooperatives
KW  -statistics
KW  -correlation
KW  -Persons correlation coefficient
AB  - The enterprises that deviate too far from the optimum will face greater risk of failure or acquisition.
The businesses appear to increase leverage when they face attractive growth opportunities or when poor
operating performance reduces equity value or compels borrowing. The enterprises are acquired when rapid
growth has reduced financial slack. The economically optimal capital structure decision is very important even
more in those days because the profitability of an enterprise and its success is directly affected by such
decision. This study is focused on the capital structure and its disparity of companies in the Czech agricultural
sector for time series 2008-2013. The data from the database of enterprises Albertina is analyzed by using
statistical measures and correlation analysis to find out the association between the calculated selected
financial indicators. The financial crisis and the recovery period influenced the most the limited liability
companies in the agricultural sector in the Czech Republic in terms of the highest changes in the calculated
values for most of the financial ratios. The capital disparity in terms of differences between the values of
calculated ratios, especially in the case of tangible assets ratio and market share ratio for the selected types of
companies in agricultural sector has narrowed during the recovery period.
ER  -