European SMEs’ value management based on controlling, financial analysis and ratios – empirical study

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F19%3A%230000541" target="_blank" >RIV/04274644:_____/19:#0000541 - isvavai.cz</a>

Výsledek na webu

<a href="https://businessperspectives.org/investment-management-and-financial-innovations/issue-334/european-smes-value-management-based-on-controlling-financial-analysis-and-ratios-empirical-study" target="_blank" >https://businessperspectives.org/investment-management-and-financial-innovations/issue-334/european-smes-value-management-based-on-controlling-financial-analysis-and-ratios-empirical-study</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.21511/imfi.16(4).2019.24" target="_blank" >10.21511/imfi.16(4).2019.24</a>

Jazyk výsledku

angličtina

Název v původním jazyce

European SMEs’ value management based on controlling, financial analysis and ratios – empirical study

Popis výsledku v původním jazyce

Small and medium enterprises (SMEs) are a powerful economic force, significant employers, and creators of added value. In the European Union SMEs are the backbone of its economic and innovative potential, and for this reason, economic development and stability of SMEs are critical. The goal of this study is to apply modern controlling to the management of SME value growth using the tools and indicators of financial analysis. This study is based on a detailed analysis of 359 companies from the European Union in order to test 4 hypotheses. The data obtained were subjected to statistical analysis to identify the dependence between the controlling management of a company, tools of financial analysis, innovative potential, level of digitization, internal auditing, and HR communication tools used in the SME. The statistical analysis confirmed a close relationship between the studied variables and created a model for managing the company’s value growth for the study sample of SMEs. Subsequent experimental testing was used to confirm these conclusions, and other important associations were found that are important for successful management of SMEs value growth. The findings obtained are applicable in practice and can be used for a deeper analysis of the issues in question.

Název v anglickém jazyce

European SMEs’ value management based on controlling, financial analysis and ratios – empirical study

Popis výsledku anglicky

Small and medium enterprises (SMEs) are a powerful economic force, significant employers, and creators of added value. In the European Union SMEs are the backbone of its economic and innovative potential, and for this reason, economic development and stability of SMEs are critical. The goal of this study is to apply modern controlling to the management of SME value growth using the tools and indicators of financial analysis. This study is based on a detailed analysis of 359 companies from the European Union in order to test 4 hypotheses. The data obtained were subjected to statistical analysis to identify the dependence between the controlling management of a company, tools of financial analysis, innovative potential, level of digitization, internal auditing, and HR communication tools used in the SME. The statistical analysis confirmed a close relationship between the studied variables and created a model for managing the company’s value growth for the study sample of SMEs. Subsequent experimental testing was used to confirm these conclusions, and other important associations were found that are important for successful management of SMEs value growth. The findings obtained are applicable in practice and can be used for a deeper analysis of the issues in question.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50200 - Economics and Business

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 periodika

Investment Management and Financial Innovations

ISSN

1810-4967

e-ISSN

—

Svazek periodika

16 2019

Číslo periodika v rámci svazku

4.

Stát vydavatele periodika

UA - Ukrajina

Počet stran výsledku

13

Strana od-do

277-289

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85078136115