Importance of objective and formal adequacy for the indicators of enterprise financial health
The evaluation of financial health of an enterprise becomes very important in Czech businesses. Among other factors, it is so because it is viewed as a precondition for being eligible for some of the EU structural funds. Models of enterprise financial health were created mainly on the basis of objec...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Czech Academy of Agricultural Sciences
2004-12-01
|
| Series: | Agricultural Economics (AGRICECON) |
| Subjects: | |
| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-200412-0002_importance-of-objective-and-formal-adequacy-for-the-indicators-of-enterprise-financial-health.php |
| _version_ | 1797900184150081536 |
|---|---|
| author | F. Střeleček R. Zdeněk |
| author_facet | F. Střeleček R. Zdeněk |
| author_sort | F. Střeleček |
| collection | DOAJ |
| description | The evaluation of financial health of an enterprise becomes very important in Czech businesses. Among other factors, it is so because it is viewed as a precondition for being eligible for some of the EU structural funds. Models of enterprise financial health were created mainly on the basis of objective evaluation of indicators and discrimination analysis for prosperous and bankrupting enterprises. Little attention was paid to the influence of particular indicators on the total value of enterprise financial health. Using the principles of objective and formal adequacy of the indicators, as well as their standardisation, and the methods of multicriterial evaluation together with the determination of particular indicators independence can improve the creation of financial health indicators and facilitate a higher rate of its objectiveness. |
| first_indexed | 2024-04-10T08:42:02Z |
| format | Article |
| id | doaj.art-ea262138dfdd41b4907fcc35961ba44b |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:42:02Z |
| publishDate | 2004-12-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-ea262138dfdd41b4907fcc35961ba44b2023-02-23T03:22:32ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952004-12-01501254355110.17221/5246-AGRICECONage-200412-0002Importance of objective and formal adequacy for the indicators of enterprise financial healthF. Střeleček0R. Zdeněk1University of South Bohemia, Èeské Budìjovice, Czech RepublicUniversity of South Bohemia, Èeské Budìjovice, Czech RepublicThe evaluation of financial health of an enterprise becomes very important in Czech businesses. Among other factors, it is so because it is viewed as a precondition for being eligible for some of the EU structural funds. Models of enterprise financial health were created mainly on the basis of objective evaluation of indicators and discrimination analysis for prosperous and bankrupting enterprises. Little attention was paid to the influence of particular indicators on the total value of enterprise financial health. Using the principles of objective and formal adequacy of the indicators, as well as their standardisation, and the methods of multicriterial evaluation together with the determination of particular indicators independence can improve the creation of financial health indicators and facilitate a higher rate of its objectiveness.https://agricecon.agriculturejournals.cz/artkey/age-200412-0002_importance-of-objective-and-formal-adequacy-for-the-indicators-of-enterprise-financial-health.phpfinancial health of an enterprisemethods of multicriterial evaluationcluster analysis |
| spellingShingle | F. Střeleček R. Zdeněk Importance of objective and formal adequacy for the indicators of enterprise financial health Agricultural Economics (AGRICECON) financial health of an enterprise methods of multicriterial evaluation cluster analysis |
| title | Importance of objective and formal adequacy for the indicators of enterprise financial health |
| title_full | Importance of objective and formal adequacy for the indicators of enterprise financial health |
| title_fullStr | Importance of objective and formal adequacy for the indicators of enterprise financial health |
| title_full_unstemmed | Importance of objective and formal adequacy for the indicators of enterprise financial health |
| title_short | Importance of objective and formal adequacy for the indicators of enterprise financial health |
| title_sort | importance of objective and formal adequacy for the indicators of enterprise financial health |
| topic | financial health of an enterprise methods of multicriterial evaluation cluster analysis |
| url | https://agricecon.agriculturejournals.cz/artkey/age-200412-0002_importance-of-objective-and-formal-adequacy-for-the-indicators-of-enterprise-financial-health.php |
| work_keys_str_mv | AT fstrelecek importanceofobjectiveandformaladequacyfortheindicatorsofenterprisefinancialhealth AT rzdenek importanceofobjectiveandformaladequacyfortheindicatorsofenterprisefinancialhealth |