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Analysis of the Financial Performance in the Slovenian Tourism Economy

Author

Listed:
  • Tanja Planinc

    (University of Primorska, Slovenia)

  • Štefan Bojnec

    (University of Primorska, Slovenia)

  • Saša Planinc

    (University of Primorska, Slovenia)

Abstract

This paper aims to analyze the difference in financial performance of the different tourism economy activities in Slovenia. The analysis was performed for the period 1995–2009. We analyzed the financial indicators on the basis of the official company accounts data. The nominal financial data are deflated by the statistical deflator for value of inflation in order to obtain real values of financial indicators over the analyzed years. We included financial indicators that are related to the business performance of enterprises in the Slovenian tourism economy. The research hypothesis was tested using quantitative analysis employing nonparametric Kruskal-Wallis test and Wilcoxon-Mann-Whitney test of the secondary data used. The empirical analysis confirmed that there are significant differences in financial performance among different tourism economy activities in Slovenia.

Suggested Citation

  • Tanja Planinc & Štefan Bojnec & Saša Planinc, 2013. "Analysis of the Financial Performance in the Slovenian Tourism Economy," Management, University of Primorska, Faculty of Management Koper, vol. 8(2), pages 109-123.
    • Handle: RePEc:mgt:youmng:v:8:y:2013:i:2:p:175-177
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    References listed on IDEAS

    as
    1. Tanja Kosi & Štefan Bojnec, 2010. "Tax Competitiveness of Croatia and Slovenia as Tourist Destinations," Academica Turistica - Tourism and Innovation Journal, University of Primorska Press, vol. 3(1-2), pages 38-52.
    2. Sara Proença & Elias Soukiazis, 2008. "Tourism as an Economic Growth Factor: A Case Study for Southern European Countries," Tourism Economics, , vol. 14(4), pages 791-806, December.
    3. Chen, Ming-Hsiang, 2010. "The economy, tourism growth and corporate performance in the Taiwanese hotel industry," Tourism Management, Elsevier, vol. 31(5), pages 665-675.
    4. Nobuhiro Hosoe & Kenji Gasawa & Hideo Hashimoto, 2010. "Textbook of Computable General Equilibrium Modelling," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-28165-3, December.
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    Cited by:

    1. Aljaz Nerad & Roberto Biloslavo & Igor Jurincic & Marko Koscak, 2020. "Sustainable Destination Management Planning: The Case of Slovenia," MIC 2020: The 20th Management International Conference,, University of Primorska Press.

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