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The Relationship among Profitability, Liquidity and Gross Domestic Product in Condition in the Czech Republic
[Vztah rentability, likvidity a hrubého domácího produktu v podmínkách České republiky]

Author

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  • Petra Růčková

Abstract

Competitive environment enables healthy operation only to those companies that are able to perfectly manage not only the business side of the entrepreneurial activities (sale of products and services surely is purpose of existence of any company), but also the financial side which constitutes a significant part of strategic decision-making process. And thus, from the view of corporation operating, the most important parameters are profitability and liquidity. The emphasis is also put on aspects of development of economic cycle and trust indicators. The comparison was made on the level of business branches. The aim of the paper is to evaluate the practical view of the theoretical data resulting from the fact that the low level of profitability will

Suggested Citation

  • Petra Růčková, 2014. "The Relationship among Profitability, Liquidity and Gross Domestic Product in Condition in the Czech Republic [Vztah rentability, likvidity a hrubého domácího produktu v podmínkách České republiky]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2014(1), pages 140-147.
    • Handle: RePEc:prg:jnlcfu:v:2014:y:2014:i:1:id:388:p:140-147
    DOI: 10.18267/j.cfuc.388
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    References listed on IDEAS

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    1. Kim, Chang-Soo & Mauer, David C. & Sherman, Ann E., 1998. "The Determinants of Corporate Liquidity: Theory and Evidence," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 33(3), pages 335-359, September.
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    More about this item

    Keywords

    Financial management of corporations; Liquidity; Profitability; Gross Domestic Product; Comparison; Analysis; Finanční řízení společností; Likvidita; Rentabilita; Hrubý domácí produkt; Komparace; Analýza;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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