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Modelling the Relations Between the Primary Resources and the Financial Result: Trans Polonia Group Case Study

In: Transport Development Challenges in the 21st Century

Author

Listed:
  • Andrzej Letkiewicz

    (University of Gdansk)

  • Michał Suchanek

    (University of Gdansk)

Abstract

Each entity builds a specific model of functioning, which is related to the selection and configuration of resources, so that the assumed goal can be achieved in given market conditions. This goal in the short term amounts to achieving the planned profit, while in the long term it means competitive advantage and durability of being. This objective is accomplished by shaping the level of used and necessary resources, such as material and personal resources. The article assumes that for transport companies the basic resources that affect the level of profit are means of transport and employment. The thesis of the article is that it is possible to build a model describing the determinants of the use of resources to generate a certain profit by transport companies. The test method of Engle–Granger cointegration was used to build the model. The study was based on data of the Transpolonia entity. The research has allowed to confirm the usability of the Engel–Granger method to verify the relations between the primary resources of a company and its financial result.

Suggested Citation

  • Andrzej Letkiewicz & Michał Suchanek, 2021. "Modelling the Relations Between the Primary Resources and the Financial Result: Trans Polonia Group Case Study," Springer Proceedings in Business and Economics, in: Michal Suchanek (ed.), Transport Development Challenges in the 21st Century, pages 13-21, Springer.
  • Handle: RePEc:spr:prbchp:978-3-030-50010-8_2
    DOI: 10.1007/978-3-030-50010-8_2
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