Capital Structure and Capital Disparity across the Economic Subjects in the Agricultural Sector in the Czech Republic Before and After the Financial Crisis

The financial crisis of 2008 had an impact on the entire economy of the Czech Republic, and especially for the Czech agriculture. The problem of the Czech agrarian sector lies mainly in its under-capitalization, which was amplified by the financial crisis. For this reason, the paper will focus on the capital structure. The aim of this paper will evaluate the development of the capital structure of agricultural subjects in the Czech Republic with respect to the legal form before and after the financial crisis. For this analysis will be used the debt leverage indicators and method of comparative statics. Data will be obtained and processed from the database of companies of Albertina for time series 2006 - 2011.