Title: Capital structure of COOP group in the Czech Republic
Authors: Pevná, Jana
Citation: Trendy v podnikání = Business trends : vědecký časopis Fakulty ekonomické ZČU v Plzni. 2021, roč. 11, č. 1, s. 30-40.
Issue Date: 2021
Publisher: Západočeská univerzita v Plzni
Document type: článek
article
URI: https://drive.google.com/drive/folders/1VbC1RfauQMJbLazE1bUaZXErqwPzpkKL
http://hdl.handle.net/11025/44906
ISSN: 1805-0603
Keywords: kapitálová struktura;vliv;determinant;spotřebitelské družstvo
Keywords in different language: capital structure;leverage;determinant;consumer co-operative
Abstract in different language: The aim of this paper is to evaluate the capital structure and its determinants in consumer co- operatives in the Czech Republic. Consumer co-operatives are associated in the COOP Group, which is the largest retail network of food stores in the country. This analysis uses quantitative data from the financial statements for the years 2014 to 2018 from the database of information on Czech economic entities Albertina. Financial indicators, regression as well as correlation analysis are all used to analyse the data. This paper reveals that the leverage of the entire group is low, as more than two- thirds of the assets are financed by equity. Internal financing from retained profits is prevalent. From the results of multiple linear regression analysis is apparent that tangibility and total assets turnover both have a positive effect on leverage while liquidity and retained profits negative.
Rights: © Západočeská univerzita v Plzni
Appears in Collections:Číslo 1 (2021)
Číslo 1 (2021)

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