Identification of financial performance due application of factor analysis on companies in the waste industry in countries of the Visegrad group

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F26%3A0197988" target="_blank" >RIV/00216305:26510/26:0197988 - isvavai.cz</a>

Result on the web

<a href="https://www.peterlang.com/document/1482750" target="_blank" >https://www.peterlang.com/document/1482750</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3726/b22206" target="_blank" >10.3726/b22206</a>

Result language

angličtina

Original language name

Identification of financial performance due application of factor analysis on companies in the waste industry in countries of the Visegrad group

Original language description

Research background: The topic of the waste area is up- to- date because of the increasing production of waste, especially in the consumption market. The main problem of the consumption market is that almost all kinds of products have a package from plastics or paper, which should be collected and recycled. However, not only recycling process is connected to the current cyclic economy or reverse logistics. Also, it is possible to specify different ways of waste processing in connection to corporate performance. Purpose of the article: The objective of the contribution is to specify key indicators for chosen companies, operating in the area of Visegrad group in the waste collection and processing industry. Methods: The objective of the paper is to define core financial indicators for companies, operating in groups 38 and 46.77 of the CZ- NACE classification. The data was taken from the Orbis Europe database, from which we gained data from 23753 companies, which operated in the Visegrad group (Czech Republic, Slovakia, Hungary, Poland). To define key financial factors, we employed factor analysis as a tool for reducing the number of input variables into less number of composite factors. Findings & Value added: According to the results of factor analysis, we found two factors with confirmation by Cronbach’s alpha rate for the whole Visegrad group, two individual factors for Hungary, Slovakia, and Poland, and one for the Czech Republic. These factors provide a specific perspective on financial results, which should explain the importance and relevance of the chosen industry.

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

2025

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, Volume II 23rd International Scientific Conference Proceedings

ISBN

978-3-631-92476-1

ISSN

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e-ISSN

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Number of pages

12

Pages from-to

267-278

Publisher name

Peter Lang Group AG

Place of publication

Berlin (GE)

Event location

Rajecké teplice

Event date

Oct 11, 2023

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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