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Vliv osobních a finančních nákladů na podniky
[The impact of labour and financial costs on firms]

Author

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  • Vladislav Flek

Abstract

A simple model is developed with the aim of testing the efficiency of cost control in the key branches of Czech entrepreneurial sector (labour and financial costs are solely subject to analysis). In the period 1996 - 1999 the share of profits and depreciation in value added increased sligtly, predominantly due to a relative decrease in financial cost. At the same time, the impact of labour costs control on enterprise recapitalisation was rather insignificant. In general, producers failed in enforcing such a level of profitability which would a) diminish dramatically their dependecy on external financial resources; b) increase the attractiveness for capital allocation vis-ŕ-vis risk free assets such as government bonds.

Suggested Citation

  • Vladislav Flek, 2001. "Vliv osobních a finančních nákladů na podniky [The impact of labour and financial costs on firms]," Politická ekonomie, Prague University of Economics and Business, vol. 2001(2).
    • Handle: RePEc:prg:jnlpol:v:2001:y:2001:i:2:id:208
    DOI: 10.18267/j.polek.208
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