D
2017
Indicator EVA in conditions of SMEs in the Czech Republic
KUBÍČKOVÁ, Dana, Vladimír NULÍČEK and Irena JINDŘICHOVSKÁ
Basic information
Original name
Indicator EVA in conditions of SMEs in the Czech Republic
Name in Czech
Ukazatel EVA v podmínkách přechodové ekonomiky v České republice
Authors
KUBÍČKOVÁ, Dana, Vladimír NULÍČEK and Irena JINDŘICHOVSKÁ
Edition
Praha, Proceedings of the “The 12th International Days of Statistics and Economics“ (MSED), p. 949-958, 10 pp. 2017
Other information
Type of outcome
Stať ve sborníku
Field of Study
50205 Accounting
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
printed version "print"
Organization unit
University of Finance and Administration
Keywords (in Czech)
Ekonomická přidaná hodnota, Náklady na kapitál, přechodová ekonomika, risk premium
Keywords in English
Economic value added; Cost of equity; SMEs; risk premium.
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.
In Czech
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.
Displayed: 5/11/2024 08:03