Publication detail

The Effect of Ownership Structure on the Performance of Manufacturing Companies

STRNADOVÁ, M. KARAS, M.

Original Title

The Effect of Ownership Structure on the Performance of Manufacturing Companies

Type

conference paper

Language

English

Original Abstract

The article deals with the analysis of the influence of the distribution of property on companys productivity. The distribution of property is understood here in the sense of companys control by the domestic, respectively external, subject. The aim of this article is to identify the areas of financial productivity that are statistically significantly different in the companies which are controlled by the domestic or external proprietor. In the scope of here presented pre-research, the following areas of financial productivity were tested: profitability, liquidity, activity, indebtedness and productivity on the sample of twenty-seven engineering companies in the period between the years 2009 and 2012. The identification of the different factors was based on the Wilcoxon test for two independent sets. No statistically significant difference in the area of profitability, liquidity, activity (at the beginning of the researched area) and indebtedness was detected in the research sample. Statistically significant differences were detected especially at the end of the researched period in the areas of activity, wages productivity, assets productivity and costs.

Keywords

ownership structure, firm performance, value drivers

Authors

STRNADOVÁ, M.; KARAS, M.

RIV year

2014

Released

9. 10. 2014

Publisher

Masaryk University

Location

Brno

ISBN

978-80-210-7153-7

Book

European Financial Systems 2014. Proceedings of the 11th International Scientific Conference.

Edition number

1

Pages from

588

Pages to

595

Pages count

8

URL

http://is.muni.cz/do/econ/sborniky/2014/proceedings-EFS-2014.pdf

BibTex

@inproceedings{BUT109779,
  author="Michala {Strnadová} and Michal {Karas}",
  title="The Effect of Ownership Structure on the Performance of Manufacturing Companies",
  booktitle="European Financial Systems 2014. Proceedings of the 11th International Scientific Conference.",
  year="2014",
  number="1",
  pages="588--595",
  publisher="Masaryk University",
  address="Brno",
  isbn="978-80-210-7153-7",
  url="http://is.muni.cz/do/econ/sborniky/2014/proceedings-EFS-2014.pdf"
}