Detail publikace

The Way HPO´s Create Better Economy Value Added Than Regular Organizations

SOUČKOVÁ, M. MAZÁNEK, L.

Originální název

The Way HPO´s Create Better Economy Value Added Than Regular Organizations

Typ

článek ve sborníku ve WoS nebo Scopus

Jazyk

angličtina

Originální abstrakt

Purpose of this study is to summarize possible approaches to creation of economy value in relation to high performance organization (HPO). The aim is to create theoretical framework for consideration of possibilities of economy value added (EVA) metric application in the future empirical research focused at these HPO organizations. The methodology in this study is based on comprehensive review of scientific researches conducted in the field of HPO´s and in relation to their economy value. Our findings show that EVA is considered to be the most important technique for measuring performance because it focuses on the cost of capital whilst the traditional corporate performance does not consider the cost of capital (Shad and Lai, 2015). It tells to investors and managers where value has been created in the business and where value has been destroyed. It measures a company's success in creating shareholder value. EVA can be proposed to measure the value of firm as EVA provides accounting, economy and market information about the short-term and long-term performance (Mamun et al., 2012) by incorporating the cost of capital employed by the business. This technique measures financial performance and shows the true profit of the organization as well HPO organizations through which the value of the shareholder is created over time.

Klíčová slova

EVA, performance, measurement, HPO, management,

Autoři

SOUČKOVÁ, M.; MAZÁNEK, L.

Vydáno

1. 7. 2017

ISBN

978-80-87952-20-7

Kniha

Proceedings of the International Scientific Conference for Ph.D. Students and Assistants

Strany od

19

Strany do

27

Strany počet

8

BibTex

@inproceedings{BUT137527,
  author="Markéta {Součková} and Lukáš {Mazánek}",
  title="The Way HPO´s Create Better Economy Value Added Than Regular Organizations",
  booktitle="Proceedings of the International Scientific Conference for Ph.D. Students and Assistants",
  year="2017",
  pages="19--27",
  isbn="978-80-87952-20-7"
}