Strategic management controlling system and its importance for SMEs in the EU

Kód výsledku v IS VaVaI

RIV/04274644:_____/20:#0000662 - isvavai.cz

Nalezeny alternativní kódy

RIV/49777513:23510/20:43959568

Výsledek na webu

https://www.businessperspectives.org/journals/problems-and-perspectives-in-management/issue-359/strategic-management-controlling-system-and-its-importance-for-smes-in-the-eu

DOI - Digital Object Identifier

10.21511/ppm.18(3).2020.30

Jazyk výsledku

angličtina

Název v původním jazyce

Strategic management controlling system and its importance for SMEs in the EU

Popis výsledku v původním jazyce

The current hyper-competitive environment offers many great opportunities for small and medium-sized businesses (SMEs), but on the other hand, this business environment is also hazardous. SMEs are a significant economic power and employer in the European Union. Their competitiveness and long-term stability are a crucial factor for European cohesion and economic growth. The research aim is to design a strategic management controlling system that should be implemented to SMEs and be useful for their long-term future development. The study was conducted in 2017–2020 based on data from 403 SMEs. The PAPI method was used to collect data. The implications between defined variables controlling, ROA, turnover, financial analysis, and strategic management were explained, and the results obtained from an in-depth analysis were indicated. The research was concluded by a model of strategic management controlling system tested by experimental in-practice implementation on SMEs and verified. The model and the research findings are suitable for business practice and should support the long-term stability and development of SMEs.

Název v anglickém jazyce

Strategic management controlling system and its importance for SMEs in the EU

Popis výsledku anglicky

The current hyper-competitive environment offers many great opportunities for small and medium-sized businesses (SMEs), but on the other hand, this business environment is also hazardous. SMEs are a significant economic power and employer in the European Union. Their competitiveness and long-term stability are a crucial factor for European cohesion and economic growth. The research aim is to design a strategic management controlling system that should be implemented to SMEs and be useful for their long-term future development. The study was conducted in 2017–2020 based on data from 403 SMEs. The PAPI method was used to collect data. The implications between defined variables controlling, ROA, turnover, financial analysis, and strategic management were explained, and the results obtained from an in-depth analysis were indicated. The research was concluded by a model of strategic management controlling system tested by experimental in-practice implementation on SMEs and verified. The model and the research findings are suitable for business practice and should support the long-term stability and development of SMEs.

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

2020

Kód důvěrnosti údajů

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

Název periodika

Problems and Perspectives in Management

ISSN

1727-7051

e-ISSN

1810-5467

Svazek periodika

18

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

UA - Ukrajina

Počet stran výsledku

11

Strana od-do

362-372

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85092800797