Management Input of Variables and its Impact on the Overall Development of Construction Company

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26110%2F19%3APU131319" target="_blank" >RIV/00216305:26110/19:PU131319 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1088/1757-899X/471/10/102046" target="_blank" >http://dx.doi.org/10.1088/1757-899X/471/10/102046</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1088/1757-899X/471/10/102046" target="_blank" >10.1088/1757-899X/471/10/102046</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Management Input of Variables and its Impact on the Overall Development of Construction Company

Popis výsledku v původním jazyce

Common definition of management accounting can be described with its benefits for effective management and decision making. As this accounting is not regulated in law, its form may differ from company to company. Today's form of management accounting implies the integration of several areas. These areas include cost accounting, financial accounting, controlling, financial plans, financial analysis, price calculations, budgets, etc. Using financial analysis indicators, it is possible to compile the evaluation of the construction company from the perspective of financial stability and its performance. Approaches to measuring business performance have undergone some development. The indicators include a traditional group based on accounting data such as Return on Equity (ROE), Return on Assets (ROA), Return on Investment (ROI), and on indicators based on financial flows for example Cash Flow Return on Investment (CFROI) or Net Present Value (NPV). The last group consists of indicators that, according to the microeconomic theory, are based on economic profit. This group combines both accounting and market data. Indicators include Economic Value Added (EVA) and Market Value Added (MVA). This paper is aimed to evaluation of the construction company using the economic value added of economic index EVA. Due to its compilation this index became a variable evaluation tool in the companies. The EVA indicator, compared to other value indicators, appears to be a simpler benchmark of performance and its economic content is easily understood. The aim of the article is to compare the rating of selected construction companies based on the economic added value indicator. The impact of different inputs on the overall development of the construction company will be monitored. Variables will be controlled by sensitivity analysis. The results of this paper can be used in the future for management of companies through management accounting

Název v anglickém jazyce

Management Input of Variables and its Impact on the Overall Development of Construction Company

Popis výsledku anglicky

Common definition of management accounting can be described with its benefits for effective management and decision making. As this accounting is not regulated in law, its form may differ from company to company. Today's form of management accounting implies the integration of several areas. These areas include cost accounting, financial accounting, controlling, financial plans, financial analysis, price calculations, budgets, etc. Using financial analysis indicators, it is possible to compile the evaluation of the construction company from the perspective of financial stability and its performance. Approaches to measuring business performance have undergone some development. The indicators include a traditional group based on accounting data such as Return on Equity (ROE), Return on Assets (ROA), Return on Investment (ROI), and on indicators based on financial flows for example Cash Flow Return on Investment (CFROI) or Net Present Value (NPV). The last group consists of indicators that, according to the microeconomic theory, are based on economic profit. This group combines both accounting and market data. Indicators include Economic Value Added (EVA) and Market Value Added (MVA). This paper is aimed to evaluation of the construction company using the economic value added of economic index EVA. Due to its compilation this index became a variable evaluation tool in the companies. The EVA indicator, compared to other value indicators, appears to be a simpler benchmark of performance and its economic content is easily understood. The aim of the article is to compare the rating of selected construction companies based on the economic added value indicator. The impact of different inputs on the overall development of the construction company will be monitored. Variables will be controlled by sensitivity analysis. The results of this paper can be used in the future for management of companies through management accounting

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

20101 - Civil engineering

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

4th World Multidisciplinary Civil Engineering, Architecture, Urban Planning Symposium (WMCAUS 2018)

ISBN

—

ISSN

1757-8981

e-ISSN

—

Počet stran výsledku

8

Strana od-do

1-8

Název nakladatele

IOP Conference Series

Místo vydání

UK

Místo konání akce

Praha

Datum konání akce

18. 6. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000465811805061