Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County
EVA (Economic Value Added) permits commercial businesses to figure out whether the business is operating in profit and the money can be put into effect into a more profitable source. A leading EVA is a sign that the company has a greater value. The goal of this study is to identify if SMEs'...
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| Format: | Article |
| Language: | English |
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Warsaw University of Life Sciences Press
2018-06-01
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| Series: | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
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| Online Access: | https://prs.sggw.edu.pl/article/view/2742 |
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| _version_ | 1832541022909890560 |
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| author | Devesh Singh Zoltan Gal Raqif Huseynov Michał Wojtaszek |
| author_facet | Devesh Singh Zoltan Gal Raqif Huseynov Michał Wojtaszek |
| author_sort | Devesh Singh |
| collection | DOAJ |
| description | EVA (Economic Value Added) permits commercial businesses to figure out whether the business is operating in profit and the money can be put into effect into a more profitable source. A leading EVA is a sign that the company has a greater value. The goal of this study is to identify if SMEs' actions carried out on a daily basis are able to generate economic value added for their business. The study is based on a comparative study between Hungary and 28 EU countries. The study is carried out in Hungary’s region of Somogy county. First, the variables for research were created and research was carried out at ground level. The research used the Expletory Factor analysis method to find EVA determinants. The results showed that determinants work together to reshape the regional industrial growth. The research demonstrated that finance and sluggish production are the major determinants in Somogy county. Entrepreneurs' skills and finance have the major impact, which means that to achieve a high growth in SMEs, policy makers have to solve these two problems and make the policy concentric toward finance and high skill development problem. |
| format | Article |
| id | doaj-art-8b605b0372b240bfb258dfc0a6191131 |
| institution | Kabale University |
| issn | 2081-6960 2544-0659 |
| language | English |
| publishDate | 2018-06-01 |
| publisher | Warsaw University of Life Sciences Press |
| record_format | Article |
| series | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
| spelling | doaj-art-8b605b0372b240bfb258dfc0a61911312025-02-04T10:43:09ZengWarsaw University of Life Sciences PressZeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego2081-69602544-06592018-06-0118210.22630/PRS.2018.18.2.54Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy CountyDevesh Singh0Zoltan Gal1Raqif Huseynov2Michał Wojtaszek3Kaposvár University, HungaryKaposvár University, HungarySzent Istvan University, Godollo, HungarySzkoła Główna Gospodarstwa Wiejskiego w WarszawieEVA (Economic Value Added) permits commercial businesses to figure out whether the business is operating in profit and the money can be put into effect into a more profitable source. A leading EVA is a sign that the company has a greater value. The goal of this study is to identify if SMEs' actions carried out on a daily basis are able to generate economic value added for their business. The study is based on a comparative study between Hungary and 28 EU countries. The study is carried out in Hungary’s region of Somogy county. First, the variables for research were created and research was carried out at ground level. The research used the Expletory Factor analysis method to find EVA determinants. The results showed that determinants work together to reshape the regional industrial growth. The research demonstrated that finance and sluggish production are the major determinants in Somogy county. Entrepreneurs' skills and finance have the major impact, which means that to achieve a high growth in SMEs, policy makers have to solve these two problems and make the policy concentric toward finance and high skill development problem.https://prs.sggw.edu.pl/article/view/2742Economic value addedsmall and medium-sized enterprises SMEsperformance measurementHungarySomogy County |
| spellingShingle | Devesh Singh Zoltan Gal Raqif Huseynov Michał Wojtaszek Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego Economic value added small and medium-sized enterprises SMEs performance measurement Hungary Somogy County |
| title | Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County |
| title_full | Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County |
| title_fullStr | Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County |
| title_full_unstemmed | Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County |
| title_short | Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County |
| title_sort | determining the performance measurement of sme from economic value added study on hungary somogy county |
| topic | Economic value added small and medium-sized enterprises SMEs performance measurement Hungary Somogy County |
| url | https://prs.sggw.edu.pl/article/view/2742 |
| work_keys_str_mv | AT deveshsingh determiningtheperformancemeasurementofsmefromeconomicvalueaddedstudyonhungarysomogycounty AT zoltangal determiningtheperformancemeasurementofsmefromeconomicvalueaddedstudyonhungarysomogycounty AT raqifhuseynov determiningtheperformancemeasurementofsmefromeconomicvalueaddedstudyonhungarysomogycounty AT michałwojtaszek determiningtheperformancemeasurementofsmefromeconomicvalueaddedstudyonhungarysomogycounty |