Publication details

The factors aff ecting competitiveness of companies: contribution and limits of the statistical pattern recognition methods.



Year of publication 2011
Type Article in Periodical
Magazine / Source Acta univ.agric. et silvic. Mendel. Brun.
MU Faculty or unit

Faculty of Economics and Administration

Field Management and administrative
Keywords statistical pattern recognition; business economics; economic success; financial performance; empirical research
Description The paper elaborates the methodical side of empirical research of factors infl uencing the economic success of companies. The analysis is based on the selective sample of more than 400 stock listed (share holding) companies and limited partnerships located in the Czech Republic. The main goal of the research is to verify, methodically and theoretically, the hypothesis that there is signifi cant mutual dependency between certain types of economic success of companies and a certain typical confi guration of values of selected characteristics which describe these companies. The paper concentrates on an analysis of applying the statistical pattern recognition methodology in the course of verifying this hypothesis. Our analysis confi rms the potential gains connected with the method. Within the sample we identifi ed group of potential factors of competitiveness which can characterize the interdependence between competitiveness and economic performance.
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