THE ANALYSIS OF INDICATORS OF LONG-TERM PROSPERITY COMPANIES FROM AUTOMOTIVE BASED ON PREDICTIVE FINANCE INDICATORS

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F16%3A00320068" target="_blank" >RIV/68407700:21630/16:00320068 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
THE ANALYSIS OF INDICATORS OF LONG-TERM PROSPERITY COMPANIES FROM AUTOMOTIVE BASED ON PREDICTIVE FINANCE INDICATORS
Original language description
Automotive industry in the Czech Republic is important and highly monitored. The reason for this is mainly the fact that the automotive industry contributes significantly to the formation of GDP, according to Ministry of Industry and Trade (MIT, 2015) 15% long-term profit is made in the automotive sector. This sector also creates large numbers of jobs. This article aims to test ex post leading financial indicators of long-term prosperity, which have previously been selected from a large set of indicators. Their influence was observed in comparison with the value of ROA created two years thereafter on a large group of manufacturing companies, whose activities and position in the industry in the Czech Republic are similar. Past of the success was the creation of economic value added as financial assumption of long-term prosperity. In this article we try to indicate the importance of selected indicators for automotive industry. Furthermore, we show portability in time, i.e. that the same indicators correlate with the value of ROA and with a distance longer or shorter time in advance. The tested set includes 186 Czech automotive companies, which were excluded from Tier 1 companies because their market conditions are qualitatively higher.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
PROCEEDINGS OF THE 5TH INTERNATIONAL CONFERENCE ON ACCOUNTING, AUDITING, AND TAXATION
ISBN
9789462522619
ISSN
2352-5428
e-ISSN
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Number of pages
7
Pages from-to
416-422
Publisher name
Atlantis Press
Place of publication
Paris
Event location
Tallinn
Event date
Dec 8, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000398381700040

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