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K diskuzi o optimalizaci a determinantech kapitálové struktury podniku

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  • Josef Valach

Abstract

The paper briefly summarizes different capital structure theories of firms. It also informs about the results of last analyses dealing with capital structure rate of debt determinants. It arrives at a conclusion, that these analyses confirm necessity of multi-criteria access to choice of capital structure: besides cost of capital minimization must be take into consideration especially size and structure of assets, dynamics of profit and other factors.

Suggested Citation

  • Josef Valach, 2008. "K diskuzi o optimalizaci a determinantech kapitálové struktury podniku," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2008(1), pages 99-102.
    • Handle: RePEc:prg:jnlcfu:v:2008:y:2008:i:1:id:263:p:99-102
    DOI: 10.18267/j.cfuc.263
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    References listed on IDEAS

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    4. Patrik Bauer, 2004. "Determinants of Capital Structure: Empirical Evidence from the Czech Republic," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 54(1-2), pages 2-21, January.
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    6. David Durand, 1952. "Costs of Debt and Equity Funds for Business: Trends and Problems of Measurement," NBER Chapters, in: Conference on Research in Business Finance, pages 215-262, National Bureau of Economic Research, Inc.
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