Detailed Information on Publication Record
2009
Factors of Competitiveness: Why the Enterprise is Less Successful? The Case of Czech enterprises
SUCHÁNEK, Petr and Jiří ŠPALEKBasic information
Original name
Factors of Competitiveness: Why the Enterprise is Less Successful? The Case of Czech enterprises
Name in Czech
Faktory konkurenceschopnosti: Proč je podnik méně úspěšný? Příklad České republiky.
Authors
SUCHÁNEK, Petr (203 Czech Republic, belonging to the institution) and Jiří ŠPALEK (203 Czech Republic, guarantor, belonging to the institution)
Edition
Athens, Proceedings of the 6th International Conference on Applied Financial Economics, p. 561-569, 9 pp. 2009
Publisher
National and Capodistrian University of Athens
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50200 5.2 Economics and Business
Country of publisher
Greece
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
printed version "print"
RIV identification code
RIV/00216224:14560/09:00036195
Organization unit
Faculty of Economics and Administration
ISBN
978-960-466-044-5
Keywords (in Czech)
konkurenceschopnost, stakeholder, finanční analýza
Keywords in English
competitive advantage; efficiency; stakeholders; clustering; financial analysis
Tags
International impact, Reviewed
Změněno: 18/7/2017 11:20, prof. Mgr. Jiří Špalek, Ph.D.
V originále
This article is based on an empirical survey performed by the Research Centre for Competitiveness of the Czech Economy in 2007. The survey covered a stratified sample of 432 Czech (mostly industrial) companies. The subject of the article is competitiveness of companies. We argue that competitiveness is a qualitative property of a company, which is reflected in its financial performance, assuming that the more able a company is to compete, the better performance it reaches. In that respect a high performing, efficient company will be qualitatively different from a low performing, inefficient one. In other words, it will have different parameters (characteristic features) of studied qualitative variables. The characteristics are based on the stakeholder model of the corporation used by Donaldson and Preston in which a corporation can be characterized from the point of view of various interest groups. Furthermore, it is assumed that the principal groups are formed by owners, employees, creditors (investors), general public (state), customers and suppliers, to name the primary stakeholders (Donaldson, Preston, 1995). Individual groups are then analyzed according to their specific and particularly qualitative characteristics We start from division of the sample into several clusters of companies according to their financial performance (measured by standard measures as ROA). Using advanced statistical methods : particularly statistical method of pattern recognition developed by UTIA (Czech academy of Sciences) and modified in a special way for the purpose of our research : we formulate twenty qualitative characteristics, which can cause uncompetitiveness of the selected firm. These characteristics are then discussed and basic recommendations are drawn.
In Czech
Příspěvek se opírá o empirické šetření provedeného Centrem pro výzkum konkurenční schopnosti České ekonomiky v roce 2007. Předmětem článku je konkurenční schopnost podniků. Vycházíme přitom z premisy, že konkurenční schopnost je kvalitativní vlastnost podniku, která má svůj odraz ve finančním vyjádření (ve finanční výkonnosti), přičemž předpokládáme, že čím je podnik konkurenceschopnější, tím je také výkonnější.
Links
| 1M0524, research and development project |
|