Analysis of the Financial Indicators in the Enterprises Affected by Industry 4.0
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F19%3A43899897" target="_blank" >RIV/60076658:12510/19:43899897 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Analysis of the Financial Indicators in the Enterprises Affected by Industry 4.0
Original language description
Industry 4.0 is a designation for the current trend of digitization, automation of production and related market changes. The businesses must therefore be prepared both in technology and financial termsas well. However, the introduction of Industry 4.0 in enterprises can increase financial requirements or increase financial instability. In this paper, 17 financial indicators are obtained from the balance sheet of 617 analyzed enterprises, for which both quantitative and qualitative research has been carried out. Data was collected for the year 2017. As it is clear from the analysis, the introduction of Industry 4.0 was reflected mainly in total assets (and intangible fixed assets), short-term receivables, equity and total liabilities (and long-term and short-term bank loans and short-term liabilities). Most of these indicators have higher value for businesses that are affected by Industry 4.0 than those that do not yet incorporate automation and robotics. Only short-term bank loans show lower values. This is due to the fact that enterprises affected by Industry 4.0 invest primarily in fixed assets (as it was confirmed) and these assets are financed by long-term resources. On the other hand, a statistically significant difference was not reflected, for example, in long-term receivables, short-term financial assets, basic capital or reserve funds and other funds created from profit.
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
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
LEF 2019
ISBN
978-80-7494-482-6
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
346-352
Publisher name
Technická univerzita v Liberci, Ekonomická fakulta
Place of publication
Liberec
Event location
Liberec
Event date
Sep 17, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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