ECONOMIC VALUE ADDED IN RELATION TO THE CREDIBILITY MODEL: AN EMPIRICAL STUDY IN TEXTILE ENTERPRISES
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F25%3A43910565" target="_blank" >RIV/60076658:12510/25:43910565 - isvavai.cz</a>
Result on the web
<a href="https://msed.vse.cz/msed_2025/article/msed-2025-843-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2025/article/msed-2025-843-paper.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
ECONOMIC VALUE ADDED IN RELATION TO THE CREDIBILITY MODEL: AN EMPIRICAL STUDY IN TEXTILE ENTERPRISES
Original language description
An economic evaluation of an enterprise's performance allows an objective assessment of how effectively the enterprise is using its resources to continue to grow. The most appropriate indicator is economic value added (EVA), which provides a more detailed picture of whether an enterprise is creating value for its owners. Credibility indicators are used due to the complexity of the calculation, which predict value creation for the owners of the enterprise. The aim of the paper is to assess whether the credibility indicator IN 99 correctly characterizes the creation of economic value added. The empirical analysis is performed on Czechia's textile enterprises. In order to deepen the analysis, companies were classified based on their size. The study confirmed that value-creating companies achieve higher labour productivity and higher return on return on equity (more 20 %) than non-value-creating companies. The results of the analysis show that the IN99 model has a certain ability to distinguish companies that do not create value, but its ability to correctly predict companies that do create value is significantly limited.
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
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The 19th International Days of Statistics and Economics
ISBN
978-80-87990-35-3
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
255-263
Publisher name
Melandrium
Place of publication
Praha
Event location
VŠE Praha
Event date
Sep 4, 2025
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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