Open Access Article SciPap-932
Selected Efficiency Factors of Agricultural SME in the Czech Republic
by Lukáš Moravec 1,*, Gabriela Kukalová 2 and Jitka Svobodová 3

1 Faculty of Economics and Management, Department of Trade and Finance, Czech University of Life Sciences Prague, Kamýcká 129, Prague 6 165 21, Czechia

2 Faculty of Economics and Management, Department of Trade and Finance, Czech University of Life Sciences Prague, Kamýcká 129, Prague 165 21, Czechia

3 Faculty of Economics and Management, Department of Trade and Finance, Czech University of Life Sciences Prague, Kamýcká 129, Prague 6 165 21, Czechia

* Authors to whom correspondence should be addressed.

Abstract: This paper identifies the influence of selected groups of factors on the efficiency of the agricultural sector represented by the Czech Small and Medium Entrepreneurs (SME). The database Amadeus was used as the primary data source. The group of data gained from the database Amadeus covers the period of years between 2005 and 2014. The group of analyzed subjects consists of more than 2000 SME agricultural companies located in the Czech Republic. The econometric models were used for identification of relationships between groups of potentially relevant factors and the efficiency. The analyzed efficiency level is represented in the econometric models by the variables EBIT and EBITDA.

Keywords: Sme, Efficiency, Profit, Evaluation, Agriculture, Farm, Econometric Models

JEL classification:   D22 - Firm Behavior: Empirical Analysis,   H25 - Business Taxes and Subsidies,   M41 - Accounting

SciPap 2018, 26(2), 932

Received: 31 August 2017 / Accepted: 27 June 2018 / Published: 23 August 2018