Result Details
The impact of the financial crisis on business performance of manufacturing companies in the South Moravian Region
Bartoš Vojtěch, doc. Ing., Ph.D., Dep. of project support and kn (RO), ÚF (FBM)
The objective of the article is to determine the impact of the financial crisis on the performance of South Moravian firms during the period 2006-2014. Of particular interest will be the effect on economic performance. The article is based on secondary research conducted among SMEs in the South Moravian Region. The secondary research consists of secondary data acquired from the database Amadeus and the relevant scientific literature. The sample contains 200 companies operating in the manufacturing industry. Three financial indicators were selected to obtain proper results. The findings are processed using statistical indicators, average and median. As was shown by the literature, the impact of the financial crisis on firm performance is
of great importance. Attention should be paid to increases in added value even when revenues are
declining. Moreover, to find a balance between cost reduction, quality maintenance and employee
satisfaction will be a key success factor for managers.
manufacturing companies, financial crisis, business performance, added value, debt ratio,
return on assets
@inproceedings{BUT138832,
author="Denisa {Jelčová} and Vojtěch {Bartoš}",
title="The impact of the financial crisis on business performance of manufacturing companies in the South Moravian Region",
booktitle="Workshop specifického výzkumu 2016",
year="2017",
number="1",
pages="29--35",
address="Brno",
isbn="978-80-214-5472- 9"
}