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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2023-11-15  |  Accepted: 2024-02-05  |  Published: 2024-03-30

Title

The influence of selected indicators on the change in the value of the enterprise's assets


Abstract

This article examines the newspaper and magazine publishing industry in the Slovak Republic. For business entities, it is important to ensure the growth of the enterprise value, to achieve the planned sales, the highest possible operational performance of the enterprise, to be better compared to the performance of other enterprises, to exist on the market for as long as possible and to increase the market share. The aim of the article is to investigate influence of the indicators of sales, EBITDA and age of the enterprise on the change in the value of the volume of the enterprise's assets. The assumption is that these three indicators affect the growth or decline in the value of the enterprise's assets. This assumption is investigated separately for each indicator through hypothesis testing. The results of the hypotheses are interpreted and commented. Subsequently, multiple linear regression analysis is used to investigate the joint influence of the indicators. This method analyzes the interrelationships of all variables. We compared the results of these two types of linear regression analyses. The result of the research is the finding that two different analytical procedures, simple linear regression analysis and multiple linear regression analysis, confirmed basically the same influence of the indicators. The influence of the sales and EBITDA indicators is positive in relation to the growth of the enterprise's assets, but the indicator of the age of the entrerprise has the opposite effect.


Keywords

newspaper and magazine publishing industry, Slovak Republic, assets of the enterprise, sales revenue, EBITDA, age of the enterprise, valuation


JEL classifications

D20 , Z10 , Z19


URI

http://jssidoi.org/jesi/article/1168


DOI


Pages

149-161


Funding

This research was funded by Scientific grant agency of the Ministry of Education, Science, Research and Sport of the Slovak Republic and the Slovak Academy of Sciences (VEGA), grant number 1/0582/22 whit the title “Dimensions of cross-sectoral entrepreneurship of cultural and creative industry entities in the context of sustainable development”.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Tóth, Miroslav
University of Economics in Bratislava, Bratislava, Slovakia https://euba.sk
Articles by this author in: CrossRef |  Google Scholar

Tóthová, Alena
University of Economics in Bratislava, Bratislava, Slovakia https://euba.sk
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

11


Number

3


Issue date

March 2024


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 291  |  PDF downloads: 155

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