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Agricultural Economics, 2016 (vol. 62), issue 9

Strategy for SMEs in the area of primary agricultural productionOriginal Paper

Helena CHLADKOVA, Sylvie FORMANKOVA

Agric. Econ. - Czech, 2016, 62(9):395-406 | DOI: 10.17221/260/2015-AGRICECON  

The goal of the paper was to define recommendations of a suitable business strategy for SMEs in the area of primary agricultural production. First, the external environment was analysed to define suitable recommendations for the industry, and also to discover opportunities and threats through fitting strategic analyses, that affect the aforementioned businesses. Secondly, it was necessary to get familiar with the internal environment and functioning of specific businesses in the industry (namely those that operate in the Western region of Prostějov at the foot of the Drahanska Highlands) and to evaluate their efficiency to define their strengths and...

Formation of the theoretical framework for the comparative analysis of post-socialist countriesOriginal Paper

Eva CIHELKOVA

Agric. Econ. - Czech, 2016, 62(9):407-420 | DOI: 10.17221/18/2016-AGRICECON  

The beginning of the 90s was accompanied by revolutionary changes in the world economy. Newly created incentives for the comparative economics/economy were tackling, inter alia, the post-socialist countries, that were already exposed to the transformation and reform processes. Models of economic systems formed in this period have initiated a great discussion among the relevant stakeholders. This fruitful discussion has led to the creation of a number of model approaches, focusing on the definition of a common theoretical framework for the comparative analysis and its further applications within the surrounding of particularly advanced concrete modern...

The relationship between profitability and capital structure of the agricultural holdings in the Czech RepublicOriginal Paper

Jana STEKLA, Marta GRYCOVA

Agric. Econ. - Czech, 2016, 62(9):421-428 | DOI: 10.17221/232/2015-AGRICECON  

Decision on the capital structure of an enterprise is very important because a bad decision can affect a company's profitability leading to a decrease in the shareholders value. The good financial decision can increase the market value of the owners' equity and poor financial decisions can decrease it. The main objective of financial decisions is to maximize the wealth of stockholders. The effect that capital structure decisions have on profitability and enterprise value is that it increases value through the present value of tax savings from the use of debt. The enterprises can use debt or equity capital to finance their assets. The best what they...

A study on research hot-spots and frontiers of agricultural science and technology innovation - visualization analysis based on the Citespace IIIReview

Qi-Qi CHEN, Jun-Biao ZHANG, Yu HUO

Agric. Econ. - Czech, 2016, 62(9):429-445 | DOI: 10.17221/207/2015-AGRICECON  

At present, the fundamental development way of agricultural production lies in science and technology to achieve the agricultural sustainable and stable development and ensure the effective supply of agricultural products for a long time. Many Chinese scholars had done many researches about the agricultural science and technology innovation. Numerous scholars got much valuable research conclusions for improving the construction of agricultural science and technology innovation system. However, there were still some problems existing in the current agricultural science research system, such as that the agricultural science and technology studies were...