The Valuation of Organizational Capital
Journal Title: Journal of Competitiveness - Year 2012, Vol 4, Issue 4
Abstract
The authors’ aim was to create a model suitable for measuring organization capital. This model was produced by means of the Forward and Backward Stepwise methods, on the basis of company information. Low p-levels (approaching 0) show the statistical significance of all regression coefficients, including the intercept. Organizational capital of 2,796 companies in the Czech Republic was quantified. A statistically significant correlation between organizational capital and return on equity (ROE), as well as between organizational capital and return on assets (ROA), has been established. This article is a part of the results of the project No. 402/09/2057 ‘‘Measurement and Management of Intangible Assets Impact on Firm Performance’’ financed by Czech Science Foundation.
Authors and Affiliations
Roman Fiala, Jana Boruvkova
Keywords
Related Articles
- EP ID EP161441
- DOI 10.7441/joc.2012.04.09
- Views 126
- Downloads 0
The Effect of Electric Power Fluctuations on the Profitability and Competitiveness of SMEs: A Study of SMEs within the Accra Business District of Ghana
The economy of Ghana has attained a middle-income status and is seeking to advance; hence, an analysis of the economy based on the supply chain management of energy is significant to provide the quantitative results and...
The Key Principles of Process Manager Motivation in Production and Administration Processes in an Industrial Enterprise
The basic premise of sustainable development is that companies should completely re-evaluate their enterprise work logic and process organization. Most of the necessary changes concern employee stimulation and motivation...
Measuring Knowledge
Knowledge is a key to creating a sustainable competitive advantage. Measuring knowledge of an organization as a unit allows for, in addition to other things, benchmarking it against other organizations as well as compari...
The Position of the CR Among the EU States Based on Selected Measures of the Lisbon Strategy
The Lisbon Strategy is a key document of the EU, which deals with the priorities and measures for the stimulation of economic, social and ecological renewal of member states in the period 2000-2010. There are more than 1...
Knowledge, Skills and Competencies of Hospitality Companies in the South Moravian Region
In 2009, a survey focused on barriers to entrepreneurship among managers and/or owners of companies in the hospitality industry in the South Moravian Region was carried out (Klapalová, 2011) at the College of Business...