D 2017

Indicator EVA in conditions of SMEs in the Czech Republic

KUBÍČKOVÁ, Dana, Vladimír NULÍČEK a Irena JINDŘICHOVSKÁ

Základní údaje

Originální název

Indicator EVA in conditions of SMEs in the Czech Republic

Název česky

Ukazatel EVA v podmínkách přechodové ekonomiky v České republice

Autoři

KUBÍČKOVÁ, Dana, Vladimír NULÍČEK a Irena JINDŘICHOVSKÁ

Vydání

Praha, Proceedings of the “The 12th International Days of Statistics and Economics“ (MSED), od s. 949-958, 10 s. 2017

Nakladatel

VŠE Praha

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50205 Accounting

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Odkazy

Organizační jednotka

Vysoká škola finanční a správní

ISBN

978-80-87990-14-8

Klíčová slova česky

Ekonomická přidaná hodnota, Náklady na kapitál, přechodová ekonomika, risk premium

Klíčová slova anglicky

Economic value added; Cost of equity; SMEs; risk premium.

Štítky

Změněno: 6. 4. 2020 12:05, Ing. Dana Kubíčková, CSc.

Anotace

ORIG CZ

V originále

This paper focuses on the indicator Economic Value Added (EVA) in Small and Medium Enterprises (SMEs) in the transitional economy of the Czech Republic. Our research question is to find the actual level of this indicator in conditions of different segments of SMEs market and to compare it with large companies. The second research question is to find whether the level of EVA differs depending on different branch of industry in which the SMEs operate. And the last question is to assess whether the level of EVA changes in relation with selected in company indicators. The research employs a set of 16,302 company data obtained from database Albertina. Our results confirmed findings of previous research works and furthermore they show that the level of EVA indicator is generally very low in the Czech Republic even in the large companies. The findings have many limitations, but the results may serve as an introductory study for the following research on company performance and decision-making.

Česky

This paper focuses on the indicator Economic Value Added (EVA) in Small and Medium Enterprises (SMEs) in the transitional economy of the Czech Republic. Our research question is to find the actual level of this indicator in conditions of different segments of SMEs market and to compare it with large companies. The second research question is to find whether the level of EVA differs depending on different branch of industry in which the SMEs operate. And the last question is to assess whether the level of EVA changes in relation with selected in company indicators. The research employs a set of 16,302 company data obtained from database Albertina. Our results confirmed findings of previous research works and furthermore they show that the level of EVA indicator is generally very low in the Czech Republic even in the large companies. The findings have many limitations, but the results may serve as an introductory study for the following research on company performance and decision-making.