English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

This study focuses on the identification of factors determining corporate capital structure in the Czech Republic, thereby contributing to an ongoing discussion on the capital structure determinants and the capital structure optimization. The paper aims to provide empirical evidence on the basis of the questionnaire survey. To identify the most significant factors affecting decisions of companies concerning their capital structure and debt policy, the statistical methods and procedures were used for the research evaluation. With the help of the factor analysis, the three key factors were derived: the financial aspects of debt financing, the debt as a tool of further development of the company, and the specifics debt and capital markets. The findings of this study moderately support conclusions of the trade-off theory, and the signalling theory. Furthermore, the survey results indicate that the firms in the Czech Republic start to perceive the capital markets as an integral part of the financial market and as a place for obtaining additional funding.

IDENTIFICATION OF THE FACTORS DETERMINING CORPORATE CAPITAL STRUCTURE IN THE CZECH REPUBLIC