Evaluation of the financial performance of engineering companies in the Czech Republic and Central Europe

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F24%3APU155547" target="_blank" >RIV/00216305:26510/24:PU155547 - isvavai.cz</a>

Výsledek na webu

<a href="https://jssidoi.org/jesi/uploads/articles/46/Bures_Evaluation_of_the_financial_performance_of_engineering_companies_in_the_Czech_Republic_and_Central_Europe.pdf" target="_blank" >https://jssidoi.org/jesi/uploads/articles/46/Bures_Evaluation_of_the_financial_performance_of_engineering_companies_in_the_Czech_Republic_and_Central_Europe.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Evaluation of the financial performance of engineering companies in the Czech Republic and Central Europe

Popis výsledku v původním jazyce

This article aims to analyse the development of the financial performance of engineering companies and evaluate the situation of the last decade in the Czech Republic and the neighbouring countries. The analysis of the development of the financial performance of engineering companies in the Czech Republic is carried out over the last 10 years and compared through the Winsorized mean with the situation in engineering in the neighbouring countries. The article is based on data collected in secondary research and relevant articles. The results of the selected financial indicators suggest that the engineering sector in the Czech Republic shows the best values only in terms of the indebtedness indicator. Other indicators show a more favourable position of engineering enterprises in Austria and Germany, demonstrating a higher degree of automation and innovation. Within the V4 countries, Hungary is the leading country according to the results of individual indicators. However, all the selected countries show problems in terms of the Liabilities Turnover Ratio, which is followed by an issue with low values in the profitability indicator. From the cited sources, previous articles, and the analysis carried out, engineering companies in the Czech Republic show average results in the selected financial indicators in the monitored period. In terms of financial performance, the engineering sector in Austria and Germany is in the leading position among the selected countries. The engineering sector in the Czech Republic should focus on increasing profitability, which would be facilitated by increasing technological progress and innovation.

Název v anglickém jazyce

Evaluation of the financial performance of engineering companies in the Czech Republic and Central Europe

Popis výsledku anglicky

This article aims to analyse the development of the financial performance of engineering companies and evaluate the situation of the last decade in the Czech Republic and the neighbouring countries. The analysis of the development of the financial performance of engineering companies in the Czech Republic is carried out over the last 10 years and compared through the Winsorized mean with the situation in engineering in the neighbouring countries. The article is based on data collected in secondary research and relevant articles. The results of the selected financial indicators suggest that the engineering sector in the Czech Republic shows the best values only in terms of the indebtedness indicator. Other indicators show a more favourable position of engineering enterprises in Austria and Germany, demonstrating a higher degree of automation and innovation. Within the V4 countries, Hungary is the leading country according to the results of individual indicators. However, all the selected countries show problems in terms of the Liabilities Turnover Ratio, which is followed by an issue with low values in the profitability indicator. From the cited sources, previous articles, and the analysis carried out, engineering companies in the Czech Republic show average results in the selected financial indicators in the monitored period. In terms of financial performance, the engineering sector in Austria and Germany is in the leading position among the selected countries. The engineering sector in the Czech Republic should focus on increasing profitability, which would be facilitated by increasing technological progress and innovation.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

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

Název periodika

ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES

ISSN

2345-0282

e-ISSN

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Svazek periodika

12

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

LT - Litevská republika

Počet stran výsledku

14

Strana od-do

262-274

Kód UT WoS článku

001414735600016

EID výsledku v databázi Scopus

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