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Determinants of the result of economic activity of agricultural businesses of legal entities in the Czech Republic

Author

Listed:
  • Renata Aulová

    (Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21 Prague 6, Czech Republic)

  • Lenka Rumánková

    (Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21 Prague 6, Czech Republic)

  • Miloš Ulman

    (Department of Information Technologies, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21 Prague 6, Czech Republic)

Abstract

This article deals with the result of economic activity of agricultural businesses of legal entities in the Czech Republic within the period of the years 2004-2010. First, the main factors that affect the result of economic activity are identified, and subsequently their effect is quantified. The analysis is based on sectional data from the databases of the Creditinfo company monitor and HBI Czech Republic; on average, 2314 businesses were examined within each year. The analysis showed a significant effect of only some factors, which were indicated as the main determinants of the result of economic activity. In the long-term, the decisive factors affecting the result of economic activity of agricultural businesses of legal entities in the Czech Republic can be considered to be primarily the level to which the business is equipped with assets and capital, and the capital intensity in general.

Suggested Citation

  • Renata Aulová & Lenka Rumánková & Miloš Ulman, 2013. "Determinants of the result of economic activity of agricultural businesses of legal entities in the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(4), pages 849-859.
    • Handle: RePEc:mup:actaun:actaun_2013061040849
    DOI: 10.11118/actaun201361040849
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