Assessing the Technical Efficiency of European Companies in the Automotive Sector

This article deals with the assessment of the technical efficiency of the automotive industry in European countries. Unlike other studies, the paper will focus on international comparisons of efficiency while taking account company size. The analysis is thus based on the accounting data of individua...

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Main Authors: Kovárník Richard, Staňková Michaela
Format: Article
Language:English
Published: Sciendo 2023-01-01
Series:Logi
Subjects:
Online Access:https://doi.org/10.2478/logi-2023-0023
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author Kovárník Richard
Staňková Michaela
author_facet Kovárník Richard
Staňková Michaela
author_sort Kovárník Richard
collection DOAJ
description This article deals with the assessment of the technical efficiency of the automotive industry in European countries. Unlike other studies, the paper will focus on international comparisons of efficiency while taking account company size. The analysis is thus based on the accounting data of individual companies. The content of the analysis covers the period between 2015 and 2019. In total, companies from 20 European countries shall be analysed. The results show that the level of efficiency in this sector is related to the size of the enterprise. In general, small enterprises turn out to be the least efficient. However, there is also a difference in the level of efficiency in the different size groups of enterprises depending on their geographical location, where in general, irrespective of the size category, Ukrainian enterprises appear to perform worst.
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spelling doaj.art-21b95efa71044731bc94b333b9c765672024-04-15T07:43:27ZengSciendoLogi2336-30372023-01-0114125126210.2478/logi-2023-0023Assessing the Technical Efficiency of European Companies in the Automotive SectorKovárník Richard0Staňková Michaela11Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00Brno, Czech Republic2Mendel University in Brno, Faculty of Business and Economics, Department of Statistics and Operation Analysis, Zemědělská 1, 613 00Brno, Czech RepublicThis article deals with the assessment of the technical efficiency of the automotive industry in European countries. Unlike other studies, the paper will focus on international comparisons of efficiency while taking account company size. The analysis is thus based on the accounting data of individual companies. The content of the analysis covers the period between 2015 and 2019. In total, companies from 20 European countries shall be analysed. The results show that the level of efficiency in this sector is related to the size of the enterprise. In general, small enterprises turn out to be the least efficient. However, there is also a difference in the level of efficiency in the different size groups of enterprises depending on their geographical location, where in general, irrespective of the size category, Ukrainian enterprises appear to perform worst.https://doi.org/10.2478/logi-2023-0023automotiveefficiencyeuropestochastic frontier analysis
spellingShingle Kovárník Richard
Staňková Michaela
Assessing the Technical Efficiency of European Companies in the Automotive Sector
Logi
automotive
efficiency
europe
stochastic frontier analysis
title Assessing the Technical Efficiency of European Companies in the Automotive Sector
title_full Assessing the Technical Efficiency of European Companies in the Automotive Sector
title_fullStr Assessing the Technical Efficiency of European Companies in the Automotive Sector
title_full_unstemmed Assessing the Technical Efficiency of European Companies in the Automotive Sector
title_short Assessing the Technical Efficiency of European Companies in the Automotive Sector
title_sort assessing the technical efficiency of european companies in the automotive sector
topic automotive
efficiency
europe
stochastic frontier analysis
url https://doi.org/10.2478/logi-2023-0023
work_keys_str_mv AT kovarnikrichard assessingthetechnicalefficiencyofeuropeancompaniesintheautomotivesector
AT stankovamichaela assessingthetechnicalefficiencyofeuropeancompaniesintheautomotivesector