Management Input of Variables and its Impact on the Overall Development of Construction Company
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26110%2F19%3APU131319" target="_blank" >RIV/00216305:26110/19:PU131319 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1088/1757-899X/471/10/102046" target="_blank" >http://dx.doi.org/10.1088/1757-899X/471/10/102046</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1088/1757-899X/471/10/102046" target="_blank" >10.1088/1757-899X/471/10/102046</a>
Alternative languages
Result language
angličtina
Original language name
Management Input of Variables and its Impact on the Overall Development of Construction Company
Original language description
Common definition of management accounting can be described with its benefits for effective management and decision making. As this accounting is not regulated in law, its form may differ from company to company. Today's form of management accounting implies the integration of several areas. These areas include cost accounting, financial accounting, controlling, financial plans, financial analysis, price calculations, budgets, etc. Using financial analysis indicators, it is possible to compile the evaluation of the construction company from the perspective of financial stability and its performance. Approaches to measuring business performance have undergone some development. The indicators include a traditional group based on accounting data such as Return on Equity (ROE), Return on Assets (ROA), Return on Investment (ROI), and on indicators based on financial flows for example Cash Flow Return on Investment (CFROI) or Net Present Value (NPV). The last group consists of indicators that, according to the microeconomic theory, are based on economic profit. This group combines both accounting and market data. Indicators include Economic Value Added (EVA) and Market Value Added (MVA). This paper is aimed to evaluation of the construction company using the economic value added of economic index EVA. Due to its compilation this index became a variable evaluation tool in the companies. The EVA indicator, compared to other value indicators, appears to be a simpler benchmark of performance and its economic content is easily understood. The aim of the article is to compare the rating of selected construction companies based on the economic added value indicator. The impact of different inputs on the overall development of the construction company will be monitored. Variables will be controlled by sensitivity analysis. The results of this paper can be used in the future for management of companies through management accounting
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
20101 - Civil engineering
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
4th World Multidisciplinary Civil Engineering, Architecture, Urban Planning Symposium (WMCAUS 2018)
ISBN
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ISSN
1757-8981
e-ISSN
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Number of pages
8
Pages from-to
1-8
Publisher name
IOP Conference Series
Place of publication
UK
Event location
Praha
Event date
Jun 18, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000465811805061