Identifying Manager´s Aspects Associated With Company´s Income Through the Point-Bisserial Correlation: The Middle Europe Example

Bilan, Svitlana; Melas, David; Melasová, Katarína

doi:10.26552/ems.2020.1.1-9

Cited by 3 publications

(3 citation statements)

References 14 publications

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“…Entrepreneurs'/owners' personal choices are critical in developing a responsible corporate strategy and expressing their social objectives (D'Andrea & Montanini, 2015). It highlights why it is vital to understand the attitude and behavior of managers and owners, especially their decisions associated with corporate income (Bilan et al, 2020). On the other hand, even after the decades of CSR birth, it is still the job of large business houses.…”

Section: Literature Reviewmentioning

confidence: 99%

The Perception of the Market and Operational Area of Business by Service Sector and Tourism Companies in terms of CSR implementation

Metzker

Maroušek

Hlawiczka

et al. 2021

JoTS

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Our research examined the attitudes of owners and managers of small and medium-sized enterprises in the V4 countries, who behave responsibly - they use corporate social responsibility in their managerial practice on issues focused on the market and operational area of business. The paper is based on a questionnaire survey with data collection from September 2019 to January 2020. Statistical methods of Pearson's chi-square and z-score were used to assess the hypotheses. The results proved that there are significant differences in companies in services and tourism in the context of implementing the CSR concept. Entrepreneurs who implement social responsibility with a significant positive difference agree that a company places great emphasis on the innovation of its products and services. Researchers found that the sector has an impact on the perception of decreasing customers' requests on specific products/services. We found that corporate social responsibility and its implementation in corporate practice positively affects the relationship of V4's small and medium enterprises in the services and tourism sector to service production innovation issues, which helps increase business performance and decline customer complaints.

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Section: Literature Reviewmentioning

confidence: 99%

The Perception of the Market and Operational Area of Business by Service Sector and Tourism Companies in terms of CSR implementation

Metzker

Maroušek

Hlawiczka

et al. 2021

JoTS

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“…The cost of capital is high but lower than for start-ups because debt is reduced. Investment cash flow is positive as the value of fixed assets gradually decreases and accruals from depreciation are minimal (Bilan, et al, 2020). Edwards, et al (2016) note that low liquidity and the risk of financial distress can create space for tax avoidance practices and thus for downward earnings management techniques.…”

Section: Literature Reviewmentioning

confidence: 99%

Does the corporate life cycle affect earnings management? Evidence from Central European countries

Michalkova

2021

SHS Web Conf.

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Research background: Earnings manipulations are a global phenomenon, the aim of which is not only to improve the financial position in accordance with Positive Accounting Theory, but also other goals of the company in accordance with the management strategy. However, the diversity of the company’s goals along with the corporate life cycle are crucial factors influencing the quality of corporate earnings and the existence, scope and application of downward and upward earnings management. Purpose of the article: The aim of the paper is to comprehensively analyse and verify the existence and extent of downward and upward earnings management in Central European countries with an emphasis on differences between countries and between life cycle stages. Methods: The study uses Mann-Whitney test and binomial test to verify the existence and extent of downward and upward earnings management. The sample covers discretionary accruals for 2019 estimated by modified Jones and Teoh, et al. models from almost 3,500 companies from four Central European countries. Findings & Value added: The results show that, depending on the life cycle stage or country, companies manipulate profits, but the application of a specific type of earnings management and its scope vary significantly within countries and life cycle stages. Lifecycle manipulation earnings are U-shaped, meaning that start-ups and declining companies use, on average, more significant upward earnings management. On the contrary, mature companies reduce their accounting profit. Nevertheless, the share of companies using upward earnings management is higher than companies with downward earnings management.

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“…The failure of one entity also negatively affects the financial operation of all other entities that come into contact with it, either in closer or wider contact, often due to secondary insolvency resulting from non-fulfillment of obligations between individual entities. Based on financial analyzes and financial health predictions, it is possible to take corrective measures well in advance, thus mitigating or eliminating any bankruptcy risk [5].…”

Section: Introductionmentioning

confidence: 99%

The usage of economic profit and other forms of profit as a part of prediction models to forecast the financial stability of business entities in the context of globalization

Karpac

Sedláková

2021

SHS Web of Conf.

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Research background: Predicting financial health of a company is in this global world necessary for each business entity, especially for the international ones, as it´s very important to know financial stability. Forecasting business failure is a worldwide known term, in a global notion, and there is a lot of prediction models constructed to compute financial health of a company and, by that, state whether a company inclines to financial boom or bankruptcy. In the current global world of uncertainty and continuous change, it is in each business’s interest to improve its performance. Businesses have to adapt to changing market conditions and keep moving to maintain their, either local or global, market position. In the past, entities preferred to increase primary accounting profit forms. The global modern goal of enterprises, value creation, is achieved through the concept of economic profit. Purpose of the article: The aim of this article was to find out the connection between two very important terms for the global economy, namely prediction models and economic profit. Methods: We focused on the research of both areas and looked for a common connection through how often different forms of profit, and especially the form of economic profit, are used in individual prediction models among the examined sample. Findings & Value added: The output of the whole article is the finding the division of the use of economic and accounting profit in the sample of models and the importance of economic profit for mathematical constructions of prediction models.

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Identifying Manager´s Aspects Associated With Company´s Income Through the Point-Bisserial Correlation: The Middle Europe Example

Cited by 3 publications

References 14 publications

The Perception of the Market and Operational Area of Business by Service Sector and Tourism Companies in terms of CSR implementation

The Perception of the Market and Operational Area of Business by Service Sector and Tourism Companies in terms of CSR implementation

Does the corporate life cycle affect earnings management? Evidence from Central European countries

The usage of economic profit and other forms of profit as a part of prediction models to forecast the financial stability of business entities in the context of globalization

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