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Strategic management controlling system and its importance for SMEs in the EU

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F20%3A%230000662" target="_blank" >RIV/04274644:_____/20:#0000662 - isvavai.cz</a>

  • Alternative codes found

    RIV/49777513:23510/20:43959568

  • Result on the web

    <a href="https://www.businessperspectives.org/journals/problems-and-perspectives-in-management/issue-359/strategic-management-controlling-system-and-its-importance-for-smes-in-the-eu" target="_blank" >https://www.businessperspectives.org/journals/problems-and-perspectives-in-management/issue-359/strategic-management-controlling-system-and-its-importance-for-smes-in-the-eu</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.21511/ppm.18(3).2020.30" target="_blank" >10.21511/ppm.18(3).2020.30</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Strategic management controlling system and its importance for SMEs in the EU

  • Original language description

    The current hyper-competitive environment offers many great opportunities for small and medium-sized businesses (SMEs), but on the other hand, this business environment is also hazardous. SMEs are a significant economic power and employer in the European Union. Their competitiveness and long-term stability are a crucial factor for European cohesion and economic growth. The research aim is to design a strategic management controlling system that should be implemented to SMEs and be useful for their long-term future development. The study was conducted in 2017–2020 based on data from 403 SMEs. The PAPI method was used to collect data. The implications between defined variables controlling, ROA, turnover, financial analysis, and strategic management were explained, and the results obtained from an in-depth analysis were indicated. The research was concluded by a model of strategic management controlling system tested by experimental in-practice implementation on SMEs and verified. The model and the research findings are suitable for business practice and should support the long-term stability and development of SMEs.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • CEP classification

  • OECD FORD branch

    50200 - Economics and Business

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2020

  • Confidentiality

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

Data specific for result type

  • Name of the periodical

    Problems and Perspectives in Management

  • ISSN

    1727-7051

  • e-ISSN

    1810-5467

  • Volume of the periodical

    18

  • Issue of the periodical within the volume

    3

  • Country of publishing house

    UA - UKRAINE

  • Number of pages

    11

  • Pages from-to

    362-372

  • UT code for WoS article

  • EID of the result in the Scopus database

    2-s2.0-85092800797