Analysis of the Value Creation Model in Selected Sectors

D 2018

Analysis of the Value Creation Model in Selected Sectors

SUCHÁNEK, Petr and Martin ŠTĚRBA

Basic information

Original name

Analysis of the Value Creation Model in Selected Sectors

Authors

SUCHÁNEK, Petr (203 Czech Republic, guarantor, belonging to the institution) and Martin ŠTĚRBA (203 Czech Republic, belonging to the institution)

Edition

Hradec Králové, 16th International Scientific Conference on Hradec Economic Days, p. 333-345, 13 pp. 2018

Publisher

University of Hradec Králové

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/00216224:14560/18:00100804

Organization unit

Faculty of Economics and Administration

ISBN

978-80-7435-701-5

ISSN

UT WoS

000449443600033

Keywords in English

Value Creation Model; EVA Ratio; Performance; Food Industry; Transport Industry; Engineering

Abstract

V originále

The subject of the article is the analysis of the value creation model (hereinafter referred to as the VCM) in selected sectors of the Czech economy, namely in engineering, transport and the food industry. The aim of the article is to determine the stability of the value creation model in selected sectors over time, i.e. whether the model shows the same explanatory power in different years as in the year in which it was created. The research is based on models the authors created for each sector in 2015 and identifies the explanatory power of these models from 2012 to 2014 based on samples of the respective companies. Thanks to the VCM model being developed and tested along with the EVA indicator, the results of the model from other years under review are equally compared with the EVA results. It turns out that the model is stable in the food industry, i.e. it achieves comparable results in the years 2012 - 2014 as in 2015, while in the engineering sector it was necessary to modify the model significantly (similarly in transport). It turns out that it is appropriate to specialize complex indices capable of evaluating the performance of companies not only by industry, i.e. the indices are not universal but also in time, that the indices need not be stable (static), but may need to be dynamized.

Links

GA16-16260S, research and development project

Name: Přístup managementu k redukci zpětných toků ve vazbě na spokojenost zákazníků a neustálé zlepšování

Investor: Czech Science Foundation

Citovat

SUCHÁNEK, Petr and Martin ŠTĚRBA. Analysis of the Value Creation Model in Selected Sectors. Online. In Pavel Jedlička, Petra Marešová, Ivan Soukal. 16th International Scientific Conference on Hradec Economic Days. Hradec Králové: University of Hradec Králové, 2018, p. 333-345. ISBN 978-80-7435-701-5.

@inproceedings{1406000,
   author = {Suchánek, Petr and Štěrba, Martin},
   address = {Hradec Králové},
   booktitle = {16th International Scientific Conference on Hradec Economic Days},
   editor = {Pavel Jedlička, Petra Marešová, Ivan Soukal},
   keywords = {Value Creation Model; EVA Ratio; Performance; Food Industry; Transport Industry; Engineering},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Hradec Králové},
   isbn = {978-80-7435-701-5},
   pages = {333-345},
   publisher = {University of Hradec Králové},
   title = {Analysis of the Value Creation Model in Selected Sectors},
   year = {2018}
}

TY  - JOUR
ID  - 1406000
AU  - Suchánek, Petr - Štěrba, Martin
PY  - 2018
TI  - Analysis of the Value Creation Model in Selected Sectors
PB  - University of Hradec Králové
CY  - Hradec Králové
SN  - 9788074357015
KW  - Value Creation Model
KW  - EVA Ratio
KW  - Performance
KW  - Food Industry
KW  - Transport Industry
KW  - Engineering
N2  - The subject of the article is the analysis of the value creation model (hereinafter referred to as the VCM) in selected sectors of the Czech economy, namely in engineering, transport and the food industry. The aim of the article is to determine the stability of the value creation model in selected sectors over time, i.e. whether the model shows the same explanatory power in different years as in the year in which it was created. The research is based on models the authors created for each sector in 2015 and identifies the explanatory power of these models from 2012 to 2014 based on samples of the respective companies. Thanks to the VCM model being developed and tested along with the EVA indicator, the results of the model from other years under review are equally compared with the EVA results. It turns out that the model is stable in the food industry, i.e. it achieves comparable results in the years 2012 - 2014 as in 2015, while in the engineering sector it was necessary to modify the model significantly (similarly in transport). It turns out that it is appropriate to specialize complex indices capable of evaluating the performance of companies not only by industry, i.e. the indices are not universal but also in time, that the indices need not be stable (static), but may need to be dynamized.
ER  -

SUCHÁNEK, Petr and Martin ŠTĚRBA. Analysis of the Value Creation Model in Selected Sectors. Online. In Pavel Jedlička, Petra Marešová, Ivan Soukal. \textit{16th International Scientific Conference on Hradec Economic Days}. Hradec Králové: University of Hradec Králové, 2018, p.~333-345. ISBN~978-80-7435-701-5.

Detailed Information on Publication Record