IDEAS home Printed from https://ideas.repec.org/a/ags/aolpei/373332.html
   My bibliography  Save this article

Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic

Author

Listed:
  • Skupieňová, Markéta
  • Koštuříková, Ivana

Abstract

The aim of the article is to evaluate determinants of working capital investment policy of companies in agriculture in the Czech Republic from 2013 to 2022. The aim of this article is to identify the main determinants that influence the management of working capital in agricultural enterprises in the Czech Republic and to analyze how these factors affect the operational efficiency and financial stability of these enterprises from 2013 to 2022. Comparative analysis, Granger causality test and generalized method of moments (GMM method) will be used to identify the determinants of working capital. The data base includes 2 516 enterprises operating in agriculture in the Czech Republic. The results showed that the agricultural sector has a relaxed investment policy with a high share of inventories, while in recent years there has been a positive improvement in the effectiveness of working capital management. This policy is significantly influenced by company size, growth opportunities and capital structure. The improvement in return on assets and equity contributed to better financial stability. Companies can optimize their investment policy and improve financial results through better analysis of these factors.

Suggested Citation

  • Skupieňová, Markéta & Koštuříková, Ivana, 2025. "Determinants of Working Capital Management of Companies in Agriculture in the Czech Republic," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 17(3), September.
    • Handle: RePEc:ags:aolpei:373332
    DOI: 10.22004/ag.econ.373332
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/373332/files/668_agris-on-line-3-2025-skupienova-kosturikova.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.373332?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aolpei:373332. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fevszcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.