Economic analysis of forest joint-stock companies in the Czech Republic in 1992-2000

Kupčák, Václav

doi:10.17221/4675-jfs

Cited by 6 publications

(6 citation statements)

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“…V tujini so tovrstni premiki združenj v smeri poslovnega sodelovanja pogostejši. Drugod po Evropi združenja za namene poslovnega sodelovanja pogosto ustanovijo zadruge in podjetja oziroma prilagodijo svoje delovanje (Kupčak, 2003;Kronholm, 2016;Hrib in sod., 2017). Na področju spodbujanja poslovnega sodelovanja zasebnih lastnikov gozdov pri nas, v Programu razvoja podeželja, obstaja možnost finančne podpore pri vzpostavitvi organizacij proizvajalcev, ki delujejo na pridobivanju GLS z dejavnostmi organiziranja gozdne proizvodnje, odkupa in prodaje GLS iz zasebnih gozdov ter povezovanje v proizvodne verige s primarno predelavo (Operativni program za izvajanje Nacionalnega gozdnega programa [2017][2018][2019][2020][2021]2017).…”

Section: Trenutno Stanje Poslovnega Sodelovanja Na Lokalnem Nivoju Cu...unclassified

Analiza delovanja zveze lastnikov gozdov Slovenije s ciljem njenega izboljšanja - ali obstajajo možnosti za vzpostavitev novih poslovnih modelov sodelovanja s člani?

Plevnik¹,

Malovrh²

2021

Acta Silvae et Ligni

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The Slovenian Forest Owners Association (FOAS), which connects local associations of private forest owners at the national level, is facing the problem of professionalizing its activities. Thus, its activities are limited. In order to improve the operation of the FOAS and possible business cooperation with its members within the framework of new business models, we conducted interviews with representatives of FOAS members (n = 24). FOAS members are satisfied with the work of the FOAS, mainly due to its involvement in the legislative process. FOAS members expect that the FOAS will become active in the area of joint timber sales in the future, which is why they showed great interest in business cooperation with the FOAS towards coordinated timber sales. In order to implement this new business model, it is first necessary to promote coordinated sales among forest owners, provide suitable personnel and establish links between timber suppliers and buyers.

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Section: Trenutno Stanje Poslovnega Sodelovanja Na Lokalnem Nivoju Cu...unclassified

Analiza delovanja zveze lastnikov gozdov Slovenije s ciljem njenega izboljšanja - ali obstajajo možnosti za vzpostavitev novih poslovnih modelov sodelovanja s člani?

Plevnik¹,

Malovrh²

2021

Acta Silvae et Ligni

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“…Economic aspects emerging from the character of forestry, the system of forest management, unusualness of forestry production and last but not least economic reforms in forestry in the Czech Republic after year 1990 were described by KUPČÁK (1998KUPČÁK ( , 2003a. Fiscal and accounting aspects must be taken into account in the forestry, arising primarily from valid legislation (KUPČÁK 1999).…”

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“…Particularly KOVANICOVÁ and KOVANIC (1997) pointed to the problem of comparison of ratios values with industry averages, and negative influences connected with "recommended values". SYNEK et al (2002) classified enterprises according to business activity into industrial, agricultural, forestry, construction, transport, connection, forwarding, commercial, tourist industry, bank, monetary and services.Economic aspects emerging from the character of forestry, the system of forest management, unusualness of forestry production and last but not least economic reforms in forestry in the Czech Republic after year 1990 were described by KUPČÁK (1998KUPČÁK ( , 2003a. Fiscal and accounting aspects must be taken into account in the forestry, arising primarily from valid legislation (KUPČÁK 1999).…”

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Elementary financial analysis of the Forests of the Czech Republic, state enterprise

Kupčák¹

2005

J. For. Sci.

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ABSTRACT:The basic feature of an economic reform of the forestry in the Czech Republic after 1990 was separation of supervision in the state forests from operating performance. The Forests of the Czech Republic, state enterprise, was charged with management and supervision, hence economic activities of the subject are provided on the basis of contracts by entrepreneurial units called contractors in the forestry. The purpose of the paper is economic analysis of the Forests of the Czech Republic, state enterprise, in the period 1998-2002. The objective is the construction and testing of an elementary method of financial analysis as well as outline of financial situation and development of the chosen subject generally. The paper contributes to branch economy analysis, common in agriculture and wood-processing industry. easier to compare financial statements and makes it possible to compare companies of different size (GRÜNWALD, HOLEČKOVÁ 2001). KeywordsIntensive indicators are interpreted as two extensive indicators being measured. The items being compared have a mutual context. Typical intensive indicators -ratios are profitability, solvency (indebtedness) and liquidity, activity and capital market ratios (VALACH 1999). NEUMAIEROVÁ (1998), KISLINGEROVÁ and NEU-MAIEROVÁ (2000) and other authors also worked with methods of financial analysis. KOVANICOVÁ and KOVANIC (1997) was concerned with detailed utilisation of elementary (and higher) methods of financial analysis.The results of financial analysis are necessary to evaluate in the conception of field specifics, and/or with specifics of manufacturing companies. Particularly KOVANICOVÁ and KOVANIC (1997) pointed to the problem of comparison of ratios values with industry averages, and negative influences connected with "recommended values". SYNEK et al. (2002) classified enterprises according to business activity into industrial, agricultural, forestry, construction, transport, connection, forwarding, commercial, tourist industry, bank, monetary and services.Economic aspects emerging from the character of forestry, the system of forest management, unusualness of forestry production and last but not least economic reforms in forestry in the Czech Republic after year 1990 were described by KUPČÁK (1998KUPČÁK ( , 2003a. Fiscal and accounting aspects must be taken into account in the forestry, arising primarily from valid legislation (KUPČÁK 1999). HAJDÚCHOVÁ (2000) dealt with financial analysis of the company and evaluation of financial ratios under forestry circumstances in Slovakia.The most common source of information on forestry is annual Report on the State of Forests and Forestry in the Czech Republic (i.e. "green reports"), published also on the Internet sites (http://www. mze.cz/); reports for the years 1995-2002 are available. Data and analysis in the chapter Economics in the Forestry Sector express the economic situation of forest owners 1 and besides that (from 1998) also the situation of entrepreneurs in the forestry as well as economic situation of fores...

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“…Forestry has been chosen because of the significance of forests for the development of the Czech Republic regions and also because of its specific nature within the national economy. Kupčák (2003) noted that forests also represent a significant component of integrated policy of rural development, mainly for their contribution to income and job opportunities in regions with high rates of unemployment. In this context, Konečný (2014) further noted that agriculture (including forestry) is one of the sectors and industries in the rural areas which can ensure the sustainability of rural households and the quality of life in rural areas through combination of agriculture and other activities (tourism and other services) in the frame of multifunctionality concept.…”

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The assessment of forestry companies in the Czech Republic with focus on profitability

Levá¹,

Čermáková²,

Stárová³

et al. 2016

J. For. Sci.

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ABSTRACT:The paper deals with the evaluation of economy of forestry companies. The evaluation stems from the results of economic analyses of enterprises that are further monitored in the context of forestry and development of economic financial ratios of evaluated companies. Furthermore, the evaluation is based on real possibilities of companies stemming from resources which they have at their disposal and on the facts that occurred in the selected companies in the monitored period. The development of important factors influencing the whole branch of forestry and their real state are introduced in the first part of the paper. After that, methods used in financial analysis of enterprises are described. The fact that forest land in the Czech Republic covered 2.66 million hectares in 2014 and its proportion in the total area of the country is 34% adds importance to the topic (Czech Statistical Yearbook 2015).

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Economic analysis of forest joint-stock companies in the Czech Republic in 1992-2000

Cited by 6 publications

References 0 publications

Analiza delovanja zveze lastnikov gozdov Slovenije s ciljem njenega izboljšanja - ali obstajajo možnosti za vzpostavitev novih poslovnih modelov sodelovanja s člani?

Analiza delovanja zveze lastnikov gozdov Slovenije s ciljem njenega izboljšanja - ali obstajajo možnosti za vzpostavitev novih poslovnih modelov sodelovanja s člani?

Elementary financial analysis of the Forests of the Czech Republic, state enterprise

The assessment of forestry companies in the Czech Republic with focus on profitability

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