ANALÝZA VÝVOJE FINANČNÍ VÝKONNOSTI PODNIKů V ČESKÉ REPUBLICE

• Authors: Sedláček Jaroslav

Title variants

EN

Analysis of the development of financial efficiency of enterprises in the Czech Republic

• Languages of publication: CS

Abstracts

EN

The financial efficiency of the Czech companies in the period 1996 - 2005, measured by return on capital and revenues did not develop very favourably until the year 2000 when the things changed to the favourable development. This article examines the factors that influenced this development and indicates the ways pointing to improvement. The analyses showed that substantial share on a creation of economic value added in the average Czech industrial company has macro-economic policy, launched in the areas of the price of loan capital and of the legal entity income tax. The accelerator of the growth of financial efficiency of the enterprises will be the internal factors disregarded in this analysis, that include the new products and technologies, which are conductive to decrease the share of the costs on revenues.

Keywords

EN

ENTERPRISES; FINANCIAL EFFICIENCY; GROWTH FACTORS; MACROECONOMIC POLICY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2007
• Volume: 55
• Issue: 1
• Pages: 3-18
• Document type: ARTICLE

Contributors

author

Sedláček Jaroslav

• Masarykova univerzita, Ekonomicko-správní fakulta, Katedra financí, Lipová 41a, 602 00 Brno, Czech Republic

• J. Sedlacek, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

07SKAAAA02465105