THE ANALYSIS OF INDICATORS OF LONG-TERM PROSPERITY COMPANIES FROM AUTOMOTIVE BASED ON PREDICTIVE FINANCE INDICATORS

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F16%3A00320068" target="_blank" >RIV/68407700:21630/16:00320068 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

THE ANALYSIS OF INDICATORS OF LONG-TERM PROSPERITY COMPANIES FROM AUTOMOTIVE BASED ON PREDICTIVE FINANCE INDICATORS

Popis výsledku v původním jazyce

Automotive industry in the Czech Republic is important and highly monitored. The reason for this is mainly the fact that the automotive industry contributes significantly to the formation of GDP, according to Ministry of Industry and Trade (MIT, 2015) 15% long-term profit is made in the automotive sector. This sector also creates large numbers of jobs. This article aims to test ex post leading financial indicators of long-term prosperity, which have previously been selected from a large set of indicators. Their influence was observed in comparison with the value of ROA created two years thereafter on a large group of manufacturing companies, whose activities and position in the industry in the Czech Republic are similar. Past of the success was the creation of economic value added as financial assumption of long-term prosperity. In this article we try to indicate the importance of selected indicators for automotive industry. Furthermore, we show portability in time, i.e. that the same indicators correlate with the value of ROA and with a distance longer or shorter time in advance. The tested set includes 186 Czech automotive companies, which were excluded from Tier 1 companies because their market conditions are qualitatively higher.

Název v anglickém jazyce

THE ANALYSIS OF INDICATORS OF LONG-TERM PROSPERITY COMPANIES FROM AUTOMOTIVE BASED ON PREDICTIVE FINANCE INDICATORS

Popis výsledku anglicky

Automotive industry in the Czech Republic is important and highly monitored. The reason for this is mainly the fact that the automotive industry contributes significantly to the formation of GDP, according to Ministry of Industry and Trade (MIT, 2015) 15% long-term profit is made in the automotive sector. This sector also creates large numbers of jobs. This article aims to test ex post leading financial indicators of long-term prosperity, which have previously been selected from a large set of indicators. Their influence was observed in comparison with the value of ROA created two years thereafter on a large group of manufacturing companies, whose activities and position in the industry in the Czech Republic are similar. Past of the success was the creation of economic value added as financial assumption of long-term prosperity. In this article we try to indicate the importance of selected indicators for automotive industry. Furthermore, we show portability in time, i.e. that the same indicators correlate with the value of ROA and with a distance longer or shorter time in advance. The tested set includes 186 Czech automotive companies, which were excluded from Tier 1 companies because their market conditions are qualitatively higher.

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

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

PROCEEDINGS OF THE 5TH INTERNATIONAL CONFERENCE ON ACCOUNTING, AUDITING, AND TAXATION

ISBN

9789462522619

ISSN

2352-5428

e-ISSN

—

Počet stran výsledku

7

Strana od-do

416-422

Název nakladatele

Atlantis Press

Místo vydání

Paris

Místo konání akce

Tallinn

Datum konání akce

8. 12. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000398381700040