Abstract: The enterprises that deviate too far from the optimum will face greater risk of failure or acquisition. The businesses appear to increase leverage when they face attractive growth opportunities or when poor operating performance reduces equity value or compels borrowing. The enterprises are acquired when rapid growth has reduced financial slack. The economically optimal capital structure decision is very important even more in those days because the profitability of an enterprise and its success is directly affected by such decision. This study is focused on the capital structure and its disparity of companies in the Czech agricultural sector for time series 2008-2013. The data from the database of enterprises Albertina is analyzed by using statistical measures and correlation analysis to find out the association between the calculated selected financial indicators. The financial crisis and the recovery period influenced the most the limited liability companies in the agricultural sector in the Czech Republic in terms of the highest changes in the calculated values for most of the financial ratios. The capital disparity in terms of differences between the values of calculated ratios, especially in the case of tangible assets ratio and market share ratio for the selected types of companies in agricultural sector has narrowed during the recovery period.
Jana Stekla and Marta Gryeova, 2017. Agricultural Economic Subjects in the Czech Republic: Capital Structure. The Social Sciences, 12: 1918-1923.