The Relationship Between Economic Value Added and Turnover to GDP Ratio of Automotive Industry in EU-27 Countries.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F29142890%3A_____%2F20%3A00039405" target="_blank" >RIV/29142890:_____/20:00039405 - isvavai.cz</a>
Result on the web
<a href="https://cld.bz/zaOi7qu" target="_blank" >https://cld.bz/zaOi7qu</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Relationship Between Economic Value Added and Turnover to GDP Ratio of Automotive Industry in EU-27 Countries.
Original language description
Economic value added (EVA) is a crucial measure of a company’s financial performance. Its decomposition into individual value drivers enables understanding of the attitudes towards wealth creation applied by company management. The ratio of the turnover of automotive companies to GDP and/or GDP per capita indicates the significance of this industry for a country’s economic development and competitiveness. Our research uses selected available data from 14,289 companies in the automotive industry (NACE Rev. 2: 29 - Manufacture of motor vehicles, trailers and semi-trailers) in EU-27 countries and covers the time period from 2015 to 2018. Since there is negative correlation between profitability and turnover to GDP ratio, the EU-27 countries can be divided into several categories. The aim of the paper is to uncover the relationship between the importance of the automotive industry for the countries in question and the financial performance of local automotive companies. Subsequently, we discuss and identify the key value drivers of automotive companies in different countries.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
ICAI - Proceedings of the 1st International Conference on Automative Industry
ISBN
978-80-7654-016-3
ISSN
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e-ISSN
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Number of pages
11
Pages from-to
186-196
Publisher name
ŠKODA AUTO Vysoká škola
Place of publication
Mladá Boleslav, Czech Republic
Event location
Mladá Boleslav
Event date
Jan 1, 2020
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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