Differences in the financial structure of Slovak and Czech enterprises operating in machinery manufacturing and equipment industry

Lenka Kalusova,Peter Badura

doi:10.14254/2071-8330.2020/13-1/10

Abstract

Differences in the financial structure of Slovak and Czech enterprises operating in machinery manufacturing and equipment industry

Highlights

Some of the most important areas in financial management of companies are the decisions taken on financial and capital structure
In shaping their financial structure, enterprises should take into account a number of factors, which are highlighted by several studies conducted in domestic as well as foreign context
Since several studies point to differences in the financial structure of companies operating in different sectors, we have focused only on the machinery and equipment industry

Summary

Introduction

Some of the most important areas in financial management of companies are the decisions taken on financial and capital structure. The importance of the appropriate financial structure formation can be seen especially in the segment of small and medium-sized enterprises (SMEs) These enterprises have limited options of using certain sources of financing and are exposed to limits in forming their financial structure. The research by Belás et al (2014) points to the fact that, this was a common financing problem of SMEs, the problem has further deepened during the latest economic crisis In shaping their financial structure, enterprises should take into account a number of factors, which are highlighted by several studies conducted in domestic as well as foreign context. We have decided to study companies operating in the same sector, which is manufacturing of machinery and equipment industry

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Conclusion