Use of Malmquist Index in Evaluating Performance of Companies in Cluster

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F17%3A00004186" target="_blank" >RIV/46747885:24310/17:00004186 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Use of Malmquist Index in Evaluating Performance of Companies in Cluster

Popis výsledku v původním jazyce

The article deals with the influence that a membership of a company in a cluster has on the company`s financial performance. The research was conducted on a sample of 17 companies that are members of CLUTEX, the cluster of technical textiles. For evaluating the performance, there were used number of employees, total assets and the size of capital employed as inputs. The output and the measure of financial performance was an economic value added relative to performance. The economic value added was constructed in a modular way following the methodology of the Ministry of Industry and Trade. Data was collected within the period of 2009 to 2014. Using DEA models, there was determined a rate of technical efficiency for both the assumption of a constant and the variable returns to scale for each company. The model with a focus on inputs was used. With the help of Malmquist index, a total factor productivity change and its division into a technological change, technical efficiency change and scale efficiency change was calculated for each company. According to the extent of technical and technological efficiency changes, the companies were divided into four quadrants - technological innovators, efficient - technologically backward, inefficient - innovative and inefficient – falling behind.

Název v anglickém jazyce

Use of Malmquist Index in Evaluating Performance of Companies in Cluster

Popis výsledku anglicky

The article deals with the influence that a membership of a company in a cluster has on the company`s financial performance. The research was conducted on a sample of 17 companies that are members of CLUTEX, the cluster of technical textiles. For evaluating the performance, there were used number of employees, total assets and the size of capital employed as inputs. The output and the measure of financial performance was an economic value added relative to performance. The economic value added was constructed in a modular way following the methodology of the Ministry of Industry and Trade. Data was collected within the period of 2009 to 2014. Using DEA models, there was determined a rate of technical efficiency for both the assumption of a constant and the variable returns to scale for each company. The model with a focus on inputs was used. With the help of Malmquist index, a total factor productivity change and its division into a technological change, technical efficiency change and scale efficiency change was calculated for each company. According to the extent of technical and technological efficiency changes, the companies were divided into four quadrants - technological innovators, efficient - technologically backward, inefficient - innovative and inefficient – falling behind.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50401 - Sociology

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Mathematical Methods in Economics MME 2017

ISBN

978-80-7435-678-0

ISSN

—

e-ISSN

—

Počet stran výsledku

6

Strana od-do

878-883

Název nakladatele

Gaudeamus

Místo vydání

Hradec Králové

Místo konání akce

Hradec Králové

Datum konání akce

1. 1. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000427151400150