Evaluations of Financial Performance Indicators Based on Factor Analysis in Automotive
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F19%3APU130877" target="_blank" >RIV/00216305:26510/19:PU130877 - isvavai.cz</a>
Result on the web
<a href="https://pp.bme.hu/so/article/view/11328/8241" target="_blank" >https://pp.bme.hu/so/article/view/11328/8241</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.3311/PPso.11328" target="_blank" >10.3311/PPso.11328</a>
Alternative languages
Result language
angličtina
Original language name
Evaluations of Financial Performance Indicators Based on Factor Analysis in Automotive
Original language description
The automotive industry is one of the most significant contributors to the economy of the European Union. This industry employs the largest number highly skilled labors and is a key driver of Europe’s innovation and knowledge so it is an interesting area for research work. Data from 422 subjects in four parts of Europe (include twenty-five countries) have been analyzed. Authors used the factor analysis to eliminate information duplication and reduce dimensionality. At the same time, Pearson’s chi-square test was used to find possible dependencies between observed factors and company size and region of the company. The research brings the conclusion that an alternative hypothesis is applied – all four defined connection between observed indexes and corporate size and region reach accurate values and there is confirmed dependency between them. At the end of the paper, the corresponding map was constructed for graphical representation of both row and column categories and variables. Western companies are at the top of the performance level. Vice versa, southern companies incline to the first quartile, what means they are not focused on performance measurement. The research is focused on the area of performance in the automotive industry in Europe region during last five years. The main aim of this paper is to find key indicators in grouped factors in the field of financial performance of automotive companies because performance is a crucial issue for all individuals and organizations.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
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
Name of the periodical
Periodica Polytechnica, Social and Management Sciences
ISSN
1416-3837
e-ISSN
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Volume of the periodical
27
Issue of the periodical within the volume
1
Country of publishing house
HU - HUNGARY
Number of pages
11
Pages from-to
26-36
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85062838697