Benchmarking: Cat it Increase the Company Financial Performance?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F14%3A43872353" target="_blank" >RIV/70883521:28120/14:43872353 - 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
Benchmarking: Cat it Increase the Company Financial Performance?
Original language description
The article aims to analyze the use of benchmarking in Czech enterprises and the effect of its use on the financial performance of companies. The article defines benchmarking and states it as currently one of the most used and effective tools to support business performance. An extensive questionnaire survey carried out by the Faculty of Management and Economics of TBU in Zlín (a total of 350 enterprises in the Czech Republic) found that the use of benchmarking in the Czech Republic is still relatively low and there are not differences among companies with different specialization and different age and their use of benchmarking. It was proved that larger companies use benchmarking to a greater extent than smaller companies. Although enterprises using benchmarking are reaching higher sample median profitability, the differences in the achieved performance cannot be considered as significant as series of Wilcoxon tests show.
Czech name
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Czech description
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Project
<a href="/en/project/EE2.3.20.0147" target="_blank" >EE2.3.20.0147: Development of Manpower in the Research Field of Performance Measurement and Operation, Companies, Clusters and Regions</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 1st International Conference on Finance and Economics 2014
ISBN
978-80-7454-405-7
ISSN
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e-ISSN
neuvedeno
Number of pages
11
Pages from-to
295-305
Publisher name
Univerzita Tomáše Bati ve Zlíně, Fakulta managementu a ekonomiky
Place of publication
Zlín
Event location
Ho Chi Minh City
Event date
Jun 2, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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