Measuring a company's performance: The identification of correlation between EVA and selected financial indicators with use of genetic algorithm

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F13%3A43869900" target="_blank" >RIV/70883521:28120/13:43869900 - isvavai.cz</a>

Výsledek na webu

<a href="http://wseas.org/cms.action?id=6931" target="_blank" >http://wseas.org/cms.action?id=6931</a>

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Measuring a company's performance: The identification of correlation between EVA and selected financial indicators with use of genetic algorithm

Popis výsledku v původním jazyce

This paper deals with topic of measuring company's performance using different concepts, tools and indicators. It defines the requirements on a concept or an indicator to reflect the real performance of a company, comparing value-based concepts and the traditional financial analysis indicators. The authors demonstrate their results of a survey on an extensive sample of companies in the Czech Republic, and conclude that the use of traditional financial indicators hugely prevails, despite the value basedindicators demonstrate much stronger connection to the market value of companies. The authors inquire into a question whether some relationship between the value of selected value-based concept of Economic Value Added (EVA) and the selected indicators oftraditional financial analysis may be found using genetic algorithms for clustering into different groups of performance. They show that, to a certain degree of probability, this relationship may be proved with selected parameters.

Název v anglickém jazyce

Measuring a company's performance: The identification of correlation between EVA and selected financial indicators with use of genetic algorithm

Popis výsledku anglicky

This paper deals with topic of measuring company's performance using different concepts, tools and indicators. It defines the requirements on a concept or an indicator to reflect the real performance of a company, comparing value-based concepts and the traditional financial analysis indicators. The authors demonstrate their results of a survey on an extensive sample of companies in the Czech Republic, and conclude that the use of traditional financial indicators hugely prevails, despite the value basedindicators demonstrate much stronger connection to the market value of companies. The authors inquire into a question whether some relationship between the value of selected value-based concept of Economic Value Added (EVA) and the selected indicators oftraditional financial analysis may be found using genetic algorithms for clustering into different groups of performance. They show that, to a certain degree of probability, this relationship may be proved with selected parameters.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

—

Projekt

<a href="/cs/project/GA402%2F09%2F1739" target="_blank" >GA402/09/1739: Tvorba modelu pro měření a řízení výkonnosti podniků</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2013

Kód důvěrnosti údajů

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

Název periodika

WSEAS Transactions on Business and Economics

ISSN

1109-9526

e-ISSN

—

Svazek periodika

10

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

GR - Řecká republika

Počet stran výsledku

9

Strana od-do

259-267

Kód UT WoS článku

—

EID výsledku v databázi Scopus

—