Scholarly record
FINANCIAL MANAGEMENT - ACCOUNTING AND TAX ASPECTS OF DEBT CAPITAL DECISION MAKING – CASE STUDY IN CZECH ENVIRONMENT
Abstract
Optimal structure of the equity and debt capital is continually debated topic on theoretical as well as practical level for decades. Financial managers when they make decision about the sources of the company resources are influenced by various factors –from the economic reality of the country in general to specific conditions of individual capital providers. Our contribution is focused on decision making process in selected debt capital's financing of business activities. The aim of the paper is to discuss benefits and negatives of the fixed asset's financing by financial leasing in the contrast with long-term bank loan in the Czech accounting and tax legislative conditions after civil law recodification. Comparative analysis was used. Results are demonstrated in a case study and they are discussed in view of potential tax savings, the proper displaying of selected sources in the financial statements (balance sheet) and other sequential impacts on decision making in managing the long-term debts of the company.
Publication Impact Profile
- Captures
- Mendeley - Readers: 3
Publication details
ReferencesPending
Structured references will appear here after the reference import pass. The count is preserved now so the scholarly record is not incomplete.
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.
