Měření ekonomické efektivnosti podniků: Praxe průmyslových podniků v ČR

Title in English Measuring of Economic Efficiency of a Company: Practice of Industrial Companies in the Czech Republic
Authors

SUCHÁNEK Petr ŠTAMFESTOVÁ Petra

Year of publication 2012
Type Article in Proceedings
Conference Hradecké ekonomické dny 2012
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Management and administrative
Keywords Efficiency; revenues; costs; oportunity costs; profi
Description The aim of this article is construction of economic efficiency of industrial enterprises in the Czech Republic, ie. to measure effectiveness and express it by one number. Starting points are derived from neo-classical model theory of the firm. Maximum efficiency dependents on the function of the total revenue and total cost, therefore, these variables were modeled alternatively. The function of income was considered in the linear and quadratic version and the cost function was considered in the linear version and as the third-degree polynomial. These functions were the basis for the construction of indexes of economic efficiency.

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