IDEAS home Printed from https://ideas.repec.org/a/prg/jnlcfu/v2013y2013i2id341p74-83.html
   My bibliography  Save this article

Optimizing of the Capital Structure of the Concrete Enterprise and Branch Standards
[Optimalizace kapitálové struktury konkrétního podniku a oborové standardy]

Author

Listed:
  • Milan Hrdý

Abstract

The contribution deals with the role of the branch standards in the process of the optimizing of the capital structure of the concrete firm. The enterprises can use the branch standards available and adjust their indebtedness on this level besides the process of the active optimizing. The problem however lies in the identification of these branch standards. The branch standards in the seventeenth areas were analyzed from the point of view of the Czech Republic, the U.S.A., of the world and of the Europe. Even if the results in the single areas were different, it is possible to generalize that the indebtedness of the firms in the Czech Republic is in general higher than it is in the U.S.A., in Europe, and in total in the world. The reason could lie in the relatively great benevolence in the area of the offers of the bank loans in previous periods. The next interesting conclusion arises from the findings out that the indebtedness from the market values is lesser than from the accounting values, which demonstrates the higher market value than the accounting value. The maximum values were recommended for the indebtedness of the enterprises in the Czech Republic on the basis of the above mentioned data. The procedure of the solution was identified in three groups according to the differences in the single values of indebtedness in the concrete spheres.

Suggested Citation

  • Milan Hrdý, 2013. "Optimizing of the Capital Structure of the Concrete Enterprise and Branch Standards [Optimalizace kapitálové struktury konkrétního podniku a oborové standardy]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2013(2), pages 74-83.
  • Handle: RePEc:prg:jnlcfu:v:2013:y:2013:i:2:id:341:p:74-83
    DOI: 10.18267/j.cfuc.341
    as

    Download full text from publisher

    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.341.html
    Download Restriction: free of charge

    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.341.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.cfuc.341?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Capital Structure; Enterprise; Optimizing; Branch Standards; Kapitálová struktura; Oborové standardy; Optimalizace; Podnik;
    All these keywords.

    JEL classification:

    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlcfu:v:2013:y:2013:i:2:id:341:p:74-83. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.