European SMEs’ value management based on controlling, financial analysis and ratios – empirical study

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F19%3A%230000541" target="_blank" >RIV/04274644:_____/19:#0000541 - isvavai.cz</a>

Result on the web

<a href="https://businessperspectives.org/investment-management-and-financial-innovations/issue-334/european-smes-value-management-based-on-controlling-financial-analysis-and-ratios-empirical-study" target="_blank" >https://businessperspectives.org/investment-management-and-financial-innovations/issue-334/european-smes-value-management-based-on-controlling-financial-analysis-and-ratios-empirical-study</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.21511/imfi.16(4).2019.24" target="_blank" >10.21511/imfi.16(4).2019.24</a>

Result language

angličtina

Original language name

European SMEs’ value management based on controlling, financial analysis and ratios – empirical study

Original language description

Small and medium enterprises (SMEs) are a powerful economic force, significant employers, and creators of added value. In the European Union SMEs are the backbone of its economic and innovative potential, and for this reason, economic development and stability of SMEs are critical. The goal of this study is to apply modern controlling to the management of SME value growth using the tools and indicators of financial analysis. This study is based on a detailed analysis of 359 companies from the European Union in order to test 4 hypotheses. The data obtained were subjected to statistical analysis to identify the dependence between the controlling management of a company, tools of financial analysis, innovative potential, level of digitization, internal auditing, and HR communication tools used in the SME. The statistical analysis confirmed a close relationship between the studied variables and created a model for managing the company’s value growth for the study sample of SMEs. Subsequent experimental testing was used to confirm these conclusions, and other important associations were found that are important for successful management of SMEs value growth. The findings obtained are applicable in practice and can be used for a deeper analysis of the issues in question.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50200 - Economics and Business

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

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

Name of the periodical

Investment Management and Financial Innovations

ISSN

1810-4967

e-ISSN

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Volume of the periodical

16 2019

Issue of the periodical within the volume

4.

Country of publishing house

UA - UKRAINE

Number of pages

13

Pages from-to

277-289

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85078136115