East European outwear textile producers and their financial performance after Covid-19 period

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F23%3APU147701" target="_blank" >RIV/00216305:26510/23:PU147701 - isvavai.cz</a>

Result on the web

<a href="https://globalizacia.com/wp-content/uploads/2023/02/Globalizacia_2022.pdf" target="_blank" >https://globalizacia.com/wp-content/uploads/2023/02/Globalizacia_2022.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

East European outwear textile producers and their financial performance after Covid-19 period

Original language description

Research background: For the companies is financial performance considered as key area of their business activities. Also it is not important the industry of the company. Therefore, similar approach is possible to apply in field of outdoor wear production. In the outwear industry there should be difference for companies from Eastern Europe because of the customers perception of their products. Purpose of the article: The main objective of the paper is to find key indicators in grouped factor in the field of financial performance for companies in outwear production industry. Methods: For definition of composite indicator we employed data of Orbis Europe database, from which we got data of 2097 companies, which operated in Eastern Europe (Czech Republic, Slovakia, Hungary, Poland, Romania, Bulgaria, and Ukraina). To definition of the mentioned composite factor we employed factor analysis, which helps to reduce number of input variables into less number of factors. Findings & Value added: We defined three composite factors, which should be used for evaluation of financial performance of outwear producers. All chosen companies in outwear production should focus on application one of three observed factors, which help them to improve own competitiveness within companies of other European regions (especially Scandinavians) and from world area.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

GLOBALIZATION AND ITS SOCIO-ECONOMIC CONSEQUENCES

ISBN

978-80-8154-332-6

ISSN

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e-ISSN

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Number of pages

7

Pages from-to

946-952

Publisher name

UNIVERSITY OF ZILINA

Place of publication

Žilina

Event location

Rajecké teplice

Event date

Oct 12, 2022

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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