Ľudia na MENDELU


Na tejto stránke máte zobrazené všetky verejne prístupne údaje o zadanej osobe. Niektoré informácie o personálnom zaradení a funkciách osoby môžu byť skryté.

Ing. Bc. Marcela Basovníková, Ph.D.
Identifikačné číslo: 36704
 
Akademická pracovníčka - odborná asistentka - Ústav podnikové ekonomiky (PEF)

Kontakty
     
     
     
     
Publikácie
     
     

V nasledujúcom súhrne sú uvedené všetky informácie evidované k publikáciám.

BASOVNÍKOVÁ, M. -- KONEČNÝ, M. -- DUBOVÝ, R. -- MASAŘOVÁ, A. THE USE OF THE ALTMAN MODEL IN EVALUATION OF ECONOMIC PERFORMANCE OF A CORPORATION IN THE CRISIS PERIOD IN THE BUILDING SECTOR IN THE CZECH REPUBLIC. 2018. zv. 2, 2018, s. 409--421.

Originálny názov:
THE USE OF THE ALTMAN MODEL IN EVALUATION OF ECONOMIC PERFORMANCE OF A CORPORATION IN THE CRISIS PERIOD IN THE BUILDING SECTOR IN THE CZECH REPUBLIC
Český názov:
Využití Altmanova modelu k hodnocení ekonomické výkonnosti korporací v období krize v sektoru stavebnictví.
Autor:
Ing. Bc. Marcela Basovníková, Ph.D.
prof. Ing. Miloš Konečný, DrSc.
Ing. Roman Dubový, Ph.D., MBA
Ing. Andrea Martinčič
Pracovisko:
Ústav podnikové ekonomiky
Druh publikácie:
článok v odbornom periodiku
Periodikum:
Charakter článku:
odborný článok
Číslo zväzku (ročník):
2, 2018
Číslo periodika v rámci zväzku:
Rok vydania:
2018
Od strany:
409
Do strany:
421
Počet strán:
13
Poddruh:
Kód UT podľa Web of Science:
Kód EID podľa Scopus:
Forma vydania:
tlačená verzia (print)
Pôvodný jazyk:
angličtina
Popis v originálnom jazyku: CONCLUSION In case of modelling by the Z’-Score and Z’’EM-Score in the bankrupted companies, there was, based on statistical testing, fulfilled the assumption about poor financial management of corporations in the building industry, which is in compliance with Špička (2013), which is also supported by the realized financial analysis. Average return on equity of the monitored enterprises had a significant influence on the resulting Altman Z’-Score and Z’’EM-Score, because according to statistical modelling it explained ROE_bancrup by 82 % of its overall variability in the Z’-Score and complete 99 % of variability in the Z’’EM-Score model. Poor financial management was represented by return on equity, because even in case of compliance with statistical principles between both variables there does not occur a hidden collinearity. None of the variables is a linear combination of another one. Therefore, within the bankruptcy modelling, the output is confirmation of the assumption about poor financial management of the monitored enterprises. In case of the active companies, the observed assumption about poor financial management is disproved in both, the Z’-Score model as well as Z’’EM-Score. Return on equity of the monitored active enterprises represented a significant variable, which represents a critical element of successful business and avoidance of bankruptcy. In the Z’’EM-Score model there was intentionally left a significant explanatory variable ROE_bancrup, which specifically represents a competitive element in the industry and therefore it influences the overall rating. Based on the sequential elimination, it was decided to keep return on equity, which also significantly explained variability of the Z’’EM‑Score. Within modelling, there were used data from own calculation of the Z’-Score and Z’’EM-Score per the set as a whole and at the same time there was carried out the comparison of results in calculations of the Z’-Score and Z’’EM-Score per individual enterprises. The outputs of the comparison are almost identical results within the conducted modelling. The answer for the first research questions, if the objective of entrepreneurship was to reach especially positive values of equity, is the fact that the active enterprises reported positive ROE with a decreasing rate of growth. The bankrupted enterprises reported the same tendency, however, in absolute values they moved in negative results with a repeatedly decreasing trend. Therefore, it can be summarized that in the active companies there was confirmed the assumption about reaching of positive values of ROE. On contrary, in the bankrupted enterprises this assumption was not fulfilled. Decisive factors, which had the greatest impact on bankruptcy of monitored companies are the ratio of net working capital and earnings before interest and taxation and furthermore, the share of sales on total assets. These factors most significantly influence the resulting value of the Z’-Score and Z’’EM‑Score and they signalized the occurrence of a problem. In conclusion, after conducted tests we can state that for the monitored enterprises in the building industry it is very desirable to reach positive values of return on equity, because it significantly influences rating and it is an inseparable part of sound financial management.
Popis v anglickom jazyku:
Popis v českom jazyku:
Kľúčové slová:
angličtina: ROE, altman z-score
čeština: ROE, altman z-score
Odbor výsledku:
Ekonomie
Řízení, správa a administrativa
Rok uplatnenia:
2018
Rok odoslania:
Identifikačné číslo RIV:
 
Záznam vložil:
Posledná zmena:
08.06.2018 18:10 (prof. Ing. Miloš Konečný, DrSc.)

Hodnotenie publikácie:

1
2345
        
12345
zlé
 
dobré        
nezaujímavé
 
zaujímavé
Hodnotilo: 0
Priemer: -
        Hodnotilo: 0Priemer: -
12
3
4
5
        
1
23
4
5
laické
 
odborné        teoretické
 
praktické
Hodnotilo: 0
Priemer: -
        
Hodnotilo: 0Priemer: -