Circular Economy in Relation to Financial Data

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F22%3A43905231" target="_blank" >RIV/60076658:12510/22:43905231 - isvavai.cz</a>

Výsledek na webu

<a href="https://epub.jku.at/obvulioa/download/pdf/8073479?originalFilename=true" target="_blank" >https://epub.jku.at/obvulioa/download/pdf/8073479?originalFilename=true</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.35011/IDIMT-2022-331" target="_blank" >10.35011/IDIMT-2022-331</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Circular Economy in Relation to Financial Data

Popis výsledku v původním jazyce

The circular economy is an essential topic of this time, and in the coming years, it will become an integral part of many businesses. The importance of the circular economy is based on minimising waste raw materials and maximising environmental protection. This paper aims to compare financial indicators for the companies that are affected by the circular economy and companies that are not affected by the circular economy. These indicators were divided into five groups, namely: the area of indebtedness, liquidity, profitability, the area of employment-related indicators and analysis of bankruptcy and solvency models. Significant statistical differences in the indicators of indebtedness, liquidity, and employment-related indicators were found. It was found that companies affected by the circular economy have higher indebtedness. Similarly, these companies have lower liquidity. For the personal cost per employee and average monthly wage, the indicators are higher for the companies that are not affected by the circular economy. The survey shows that it is probably due to more increased investment during the implementation of circular economy elements; the companies affected by the circular economy are more indebted and have higher liabilities, so liquidity is worse. Because of higher costs in depreciation, these companies have a lower profit on the employee.

Název v anglickém jazyce

Circular Economy in Relation to Financial Data

Popis výsledku anglicky

The circular economy is an essential topic of this time, and in the coming years, it will become an integral part of many businesses. The importance of the circular economy is based on minimising waste raw materials and maximising environmental protection. This paper aims to compare financial indicators for the companies that are affected by the circular economy and companies that are not affected by the circular economy. These indicators were divided into five groups, namely: the area of indebtedness, liquidity, profitability, the area of employment-related indicators and analysis of bankruptcy and solvency models. Significant statistical differences in the indicators of indebtedness, liquidity, and employment-related indicators were found. It was found that companies affected by the circular economy have higher indebtedness. Similarly, these companies have lower liquidity. For the personal cost per employee and average monthly wage, the indicators are higher for the companies that are not affected by the circular economy. The survey shows that it is probably due to more increased investment during the implementation of circular economy elements; the companies affected by the circular economy are more indebted and have higher liabilities, so liquidity is worse. Because of higher costs in depreciation, these companies have a lower profit on the employee.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2022

Kód důvěrnosti údajů

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

Název statě ve sborníku

IDIMT-2022 - Digitalization of Society, Business and Management in a Pandemic

ISBN

978-3-99113-758-0

ISSN

—

e-ISSN

—

Počet stran výsledku

8

Strana od-do

331-338

Název nakladatele

Johannes Kepler Universität Linz

Místo vydání

Linz

Místo konání akce

Kutná Hora

Datum konání akce

7. 9. 2022

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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