Efficiency of Production Factors and Financial Performance of Agricultural Enterprises

Martina Novotná and Tomáš Volek

AGRIS on-line Papers in Economics and Informatics, 2015, vol. 07, issue 4, 9

Abstract: This article deals with the relationship between efficiency of use of the production factors in agricultural enterprises in Czech Republic and their financial performance. The aim of the article is to define common economic features of agricultural enterprises which labour productivity has been growing for a long time and, at the same time; they have been increasing value of their fixed assets (investing). The analysis was focused on 1098 agricultural enterprises classified according to the European Commission as micro, small and medium enterprises. The analysis showed that above-average agricultural enterprises (high growth of labour productivity and fixed assets), regardless of their size, have higher profitability indicators, higher indebtedness and lower quick ratio. Summarizing the results of the analysis of individual size classes, it can be said that the smaller size class, the bigger difference.

Keywords: Agribusiness; Production Economics (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/231896/files/a ... _4_novotna_volek.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aolpei:231896

DOI: 10.22004/ag.econ.231896

Access Statistics for this article

More articles in AGRIS on-line Papers in Economics and Informatics from Czech University of Life Sciences Prague, Faculty of Economics and Management Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().