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Factors determining the financial structure of Czech and Slovak agricultural enterprises

Author

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  • Lenka KALUSOVA
  • Peter BADURA

    (University of Economics in Bratislava, Bratislava, Slovak Republic)

Abstract

The financial structure of enterprises is constantly a subject of research of many academics. Despite the fact that many scientific studies deal with this area of financial management, the research is mostly focused on industrial companies. In our opinion, there is a wide scope for research into the segment of agricultural enterprises and their financial structure, as well. The aim of the paper is, therefore, to analyse the direction and intensity of action of the selected internal corporate factors and external factors of the macro-environment on the financial structure of Czech and Slovak agricultural enterprises and to identify differences in the action of these factors between the Czech and Slovak companies. The methods of multiple regression and correlation analysis have been used as the main research methods. The achieved results pointed at the fact that in addition to the internal corporate factors, the external factors of the macro-environment were also statistically highly significant for certain groups of agricultural enterprises. The paper also points to some differences in the direction and intensity of action of the chosen factors on the examined level of debt - the total indebtedness and the credit indebtedness of the studied agricultural enterprises.

Suggested Citation

  • Lenka KALUSOVA & Peter BADURA, 2017. "Factors determining the financial structure of Czech and Slovak agricultural enterprises," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 63(1), pages 24-33.
    • Handle: RePEc:caa:jnlage:v:63:y:2017:i:1:id:325-2015-agricecon
    DOI: 10.17221/325/2015-AGRICECON
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    References listed on IDEAS

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