Year: 2018
Type: conference-paper
Abstract: This paper is focused on the cost of equity in SMEs in conditions of the transitional economic in the Czech Republic.The research question is what the actual level of this indicator in conditions of the different segments of SMEs is and how is in large companies.The second question is whether there are any differences between the three segments of SMEs and between SMEs and large companies.The third question is whether the level of equity cost differ in the different branches in which the SMEs operate.And the last question is whether the equity cost is affected by selected factors.The research is based on the set of 16,302 companies data of which were obtained from the Albertina database.The results confirmed the findings of previous research: the highest costs are associated with the capital employed in micro and small firms and in the field of Accommodation, meals and hospitality.The factor affecting the level of the equity cost was identified the volume of sales achieved.The results are limited by many factors however they can contribute to the overall view of the capital employment in the Czech Republic as the transition economy and as an introduced study for the next research as well as for practice of companies.
Source: Hradec Economic Days ...
Authors: Dana Kubíčková, Vladimír Nulíček
Institution: University of Finance and Administration
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2883369700