The impact of minimum wage on automotive companies' performance
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925758" target="_blank" >RIV/62156489:43110/24:43925758 - isvavai.cz</a>
Výsledek na webu
<a href="https://doi.org/10.15549/jeecar.v11i5.1736" target="_blank" >https://doi.org/10.15549/jeecar.v11i5.1736</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15549/jeecar.v11i5.1736" target="_blank" >10.15549/jeecar.v11i5.1736</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
The impact of minimum wage on automotive companies' performance
Popis výsledku v původním jazyce
This paper aims to verify the relationship between minimum wage growth and the financial indicators of automotive companies. As a hi-tech sector, the automotive industry is usually not expected to be affected by minimum wage policies. The introduction of the minimum wage in Germany and the dynamic development of the minimum wage in Eastern European countries make it possible to assess this relationship. German, Czech, Polish, and Slovak automotive company data was obtained from the Orbis database. Panel regression models were applied to test for dependencies. The paper detects the association between the growth of the minimum wage and the increase in personnel cost, which is next to the associations with several financial indicators at the company level. The identified impact is specific to small and medium-sized companies.
Název v anglickém jazyce
The impact of minimum wage on automotive companies' performance
Popis výsledku anglicky
This paper aims to verify the relationship between minimum wage growth and the financial indicators of automotive companies. As a hi-tech sector, the automotive industry is usually not expected to be affected by minimum wage policies. The introduction of the minimum wage in Germany and the dynamic development of the minimum wage in Eastern European countries make it possible to assess this relationship. German, Czech, Polish, and Slovak automotive company data was obtained from the Orbis database. Panel regression models were applied to test for dependencies. The paper detects the association between the growth of the minimum wage and the increase in personnel cost, which is next to the associations with several financial indicators at the company level. The identified impact is specific to small and medium-sized companies.
Klasifikace
Druh
J<sub>ost</sub> - Ostatní články v recenzovaných periodicích
CEP obor
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OECD FORD obor
50202 - Applied Economics, Econometrics
Návaznosti výsledku
Projekt
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Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2024
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Journal of Eastern European and Central Asian Research
ISSN
2328-8272
e-ISSN
2328-8280
Svazek periodika
11
Číslo periodika v rámci svazku
5
Stát vydavatele periodika
US - Spojené státy americké
Počet stran výsledku
14
Strana od-do
931-944
Kód UT WoS článku
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EID výsledku v databázi Scopus
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