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
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