IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-49105-4_54.html
   My bibliography  Save this book chapter

Working Capital Management Policy and Its Financing Across Selected Enterprises According to Size in the Czech Republic

In: Applied Economic Research and Trends

Author

Listed:
  • Markéta Skupieňová

    (Silesian University in Opava, School of Business Administration in Karviná)

Abstract

The aim of this chapter is to evaluate whether the policy of working capital management and its financing affects the profitability of enterprises divided by size in the Czech Republic and thus to find out the differences in the management of working capital across the size of enterprises. In order to fulfill the goal of this article, Granger causality and the generalized method of moments, the so-called GMM, will be used. The data sample will include data for the period 2012–2021. The analysis will include companies operating in the Czech Republic, which are divided according to size into medium-sized companies, large companies, and very large companies. The result will be to find out whether and how the management of working capital and its financing affects the profitability of enterprises according to size and whether there are differences in this connection across enterprises according to size in the Czech Republic. It was found that if medium-sized enterprises want to achieve higher profitability, they should apply a more aggressive working capital management policy and a more aggressive working capital financing policy. On the contrary, in order to increase profitability, large enterprises and very large enterprises should apply a more aggressive working capital management policy, but on the contrary, a more conservative working capital financing policy compared to medium-sized enterprises.

Suggested Citation

  • Markéta Skupieňová, 2024. "Working Capital Management Policy and Its Financing Across Selected Enterprises According to Size in the Czech Republic," Springer Proceedings in Business and Economics, in: Nicholas Tsounis & Aspasia Vlachvei (ed.), Applied Economic Research and Trends, chapter 0, pages 955-968, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-49105-4_54
    DOI: 10.1007/978-3-031-49105-4_54
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:prbchp:978-3-031-49105-4_54. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.