IDEAS home Printed from https://ideas.repec.org/a/ags/polpwa/275545.html
   My bibliography  Save this article

Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County

Author

Listed:
  • Singh, Devesh
  • Gál, Zoltán
  • Huseynov, Raqif
  • Wojtaszek, Michał

Abstract

EVA (Economic Value Added) permits commercial businesses to figure out whether the business is operating in profit and the money can be put into effect into a more profitable source. A leading EVA is a sign that the company has a greater value. The goal of this study is to identify if SMEs' actions carried out on a daily basis are able to generate economic value added for their business. The study is based on a comparative study between Hungary and 28 EU countries. The study is carried out in Hungary’s region of Somogy county. First, the variables for research were created and research was carried out at ground level. The research used the Expletory Factor analysis method to find EVA determinants. The results showed that determinants work together to reshape the regional industrial growth. The research demonstrated that finance and sluggish production are the major determinants in Somogy county. Entrepreneurs' skills and finance have the major impact, which means that to achieve a high growth in SMEs, policy makers have to solve these two problems and make the policy concentric toward finance and high skill development problem.

Suggested Citation

  • Singh, Devesh & Gál, Zoltán & Huseynov, Raqif & Wojtaszek, Michał, 2018. "Determining the Performance Measurement of SME from Economic Value Added: Study on Hungary, Somogy County," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 18(33, Part ), June.
    • Handle: RePEc:ags:polpwa:275545
    DOI: 10.22004/ag.econ.275545
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/275545/files/270_SINGH_I_INNI_art._247A.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.275545?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Silvia Petrescu & Ciprian Apostol, 2009. "Value Creation Analysis. Economic Value Added," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(05(534)(s), pages 118-123, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Miriam Jankalová & Jana Kurotová, 2019. "Sustainability Assessment Using Economic Value Added," Sustainability, MDPI, vol. 12(1), pages 1-19, December.
    2. Miron Vasile Cristian Ioachim & Focsan Eleonora Ionela, 2017. "The Analysis Of The Performance Of Companies Based On The Economic Value Added," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 181-190, February.
    3. Daraban Marius Costin, 2017. "Economic Value Added – A General Review of the Concept," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 168-173, June.
    4. Teodora Maria SUCIU, 2022. "Modern Model For Analysis Of Performance In Romanian Clothing Industry Based On Economic Value Added," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 7(2), pages 17-26.

    More about this item

    Keywords

    Farm Management; Industrial Organization;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:polpwa:275545. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/wesggpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.