Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic
Forests owned by the state in the Czech Republic are managed by Forests of the Czech Republic, state enterprise with its headquarters in Hradec Králové. The private companies (established during the economic reform in 1992 and privatization in 1994) carry out silvicultural and logging activities in...
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| Format: | Article |
| Language: | English |
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Mendel University Press
2004-01-01
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| Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
| Subjects: | |
| Online Access: | https://acta.mendelu.cz/52/5/0131/ |
| _version_ | 1811268259751657472 |
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| author | Zbyněk Šmída |
| author_facet | Zbyněk Šmída |
| author_sort | Zbyněk Šmída |
| collection | DOAJ |
| description | Forests owned by the state in the Czech Republic are managed by Forests of the Czech Republic, state enterprise with its headquarters in Hradec Králové. The private companies (established during the economic reform in 1992 and privatization in 1994) carry out silvicultural and logging activities in state forests on the basis of contracts. This study is focused on forest enterprises (contractors); the current situation of business environment in the Czech Republic was studied. There have been found 38 236 forestry entrepreneurs in the Czech Republic, and divided according to legal title, to numbers of employees onto groups on the basis of size and availability of their accounting data in the first part of the article.The second part deals with data mining from accounting by a process known as a Financial statement analysis, which has to make an informed decision for owners or managers of the enterprise. Ratio analysis is regarded as the basic methodical instrument of financial analysis. Ratio analysis effectively summarizes multiple financial statement categories into few relative indices of performance and financial position. It is powerful method for managing with the complexity and volume data presented in financial statements. The relative indices converse financial statement categories into measures and it helps control for differences across companies and across time. This article contains chosen forestry contractors and describes the most useful economic indicators (ratios) and takes into account possible utilization in the sector generally. |
| first_indexed | 2024-04-12T21:19:39Z |
| format | Article |
| id | doaj.art-cbe68f69932540cc9ee7fc32ed29ad54 |
| institution | Directory Open Access Journal |
| issn | 1211-8516 2464-8310 |
| language | English |
| last_indexed | 2024-04-12T21:19:39Z |
| publishDate | 2004-01-01 |
| publisher | Mendel University Press |
| record_format | Article |
| series | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
| spelling | doaj.art-cbe68f69932540cc9ee7fc32ed29ad542022-12-22T03:16:21ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102004-01-0152513114610.11118/actaun200452050131Entrepreneurial subjects in forestry and data mining from accounting data in the Czech RepublicZbyněk Šmída0Ústav lesnické a dřevařské ekonomiky a politiky, Mendelova zemědělská a lesnická univerzita v Brně, Zemědělská 3, 613 00 Brno, Česká republikaForests owned by the state in the Czech Republic are managed by Forests of the Czech Republic, state enterprise with its headquarters in Hradec Králové. The private companies (established during the economic reform in 1992 and privatization in 1994) carry out silvicultural and logging activities in state forests on the basis of contracts. This study is focused on forest enterprises (contractors); the current situation of business environment in the Czech Republic was studied. There have been found 38 236 forestry entrepreneurs in the Czech Republic, and divided according to legal title, to numbers of employees onto groups on the basis of size and availability of their accounting data in the first part of the article.The second part deals with data mining from accounting by a process known as a Financial statement analysis, which has to make an informed decision for owners or managers of the enterprise. Ratio analysis is regarded as the basic methodical instrument of financial analysis. Ratio analysis effectively summarizes multiple financial statement categories into few relative indices of performance and financial position. It is powerful method for managing with the complexity and volume data presented in financial statements. The relative indices converse financial statement categories into measures and it helps control for differences across companies and across time. This article contains chosen forestry contractors and describes the most useful economic indicators (ratios) and takes into account possible utilization in the sector generally.https://acta.mendelu.cz/52/5/0131/forestrysortingdatabasescontractorsfinancial statementsratio analysis |
| spellingShingle | Zbyněk Šmída Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis forestry sorting databases contractors financial statements ratio analysis |
| title | Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic |
| title_full | Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic |
| title_fullStr | Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic |
| title_full_unstemmed | Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic |
| title_short | Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic |
| title_sort | entrepreneurial subjects in forestry and data mining from accounting data in the czech republic |
| topic | forestry sorting databases contractors financial statements ratio analysis |
| url | https://acta.mendelu.cz/52/5/0131/ |
| work_keys_str_mv | AT zbyneksmida entrepreneurialsubjectsinforestryanddataminingfromaccountingdataintheczechrepublic |