The self-regulatory efficiency indicator as a measure of company's comparative advantage

• Autorzy: Letkiewicz Andrzej , Majecka Beata

Identyfikatory

DOI

10.29119/1641-3466.2020.149.35

• Języki publikacji: EN

Abstrakty

EN

Purpose: The aim of the article is to indicate the possibility of using comparative advantage gauges as a measure identifying the market position of a company in relation to other entities, as well as the proposal to introduce a new measure in the form of a self-regulatory efficiency indicator. Design/methodology/approach: The simple indicators taking into account only revenues and costs are not suitable for a useful comparison of entities from a given industry, because they involve simple measures and allow only to rank entities without fully considering the specificity of the resources' management or the size of the business. Hence, the self-regulatory efficiency indicator is proposed. It can be used to compare entities generating uniform characteristics of the net financial result. Findings: For the Polish energy industry companies listed on the Warsaw Stock Exchange it is important not so much to achieve a satisfactory market position, as to achieve a future’s competitive advantage, so the problem of the management is how to decide about the future without having a rational basis. It is solved by the proposed self-regulatory efficiency indicator (SEI). Originality/value: The comparison of the market position according to the SEI gauge and other comparative advantage indicators (EVA, RMA, I/C) is compatible in over 50%. Thus the SEI gauge can be used to describe the enterprise's market position, because as a new measure it allows to easily assess the efficiency of the resource management inside the entities, by the use of the generally available basic quantities.

Słowa kluczowe

EN

competitive position of a company; indicators of the comparative advantage; self-regulatory efficiency indicator

PL

pozycja konkurencyjna firmy; wskaźniki przewagi komparatywnej; samoregulacyjny wskaźnik efektywności

• Wydawca: Wydawnictwo Politechniki Śląskiej
• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2020
• Tom: z. 149
• Strony: 413--422
• Opis fizyczny: Bibliogr. 6 poz.

Twórcy

autor

Letkiewicz Andrzej

• Faculty of Economics, University of Gdansk

autor

Majecka Beata

• Faculty of Economics, University of Gdansk

Bibliografia

• 1. Encyklopedia zarządzania, https://mfiles.pl/pl/index.php/Przewaga_komparatywna, 1.06.2019.
• 2. Gupta, S. (2015). Comparative Advantage and Competitive Advantage: An Economics Perspective and a Synthesis. Athens Journal of Business and Economics, Vol. 1, Iss. 1, doi=10.30958/ajbe.1-1-1.
• 3. Majecka, B., Letkiewicz, A. (2018). Wartości poznawcze wskaźnika sprawności samoregulacyjnej w charakterystyce konkurencyjności przedsiębiorstw branży TSL. Przedsiębiorczość i Zarządzanie. Tom XIX, Zeszyt 4, Część II.
• 4. Opolski, K., Waśniewski, K., Wereda, M. (2010). Audyt strategiczny. Szansa na poprawę pozycji rynkowej firmy. Warszawa: Wydawnictwo CeDeWu.
• 5. Urząd Regulacji Energetyki (2016). Taryfy OSD na rok 2017. Retrieved from https://www.ure.gov.pl/pl/biznes/taryfy-zalozenia/zalozenia-dla-kalkulacj/7829,Zalozenia-do-kalkulacji-taryf-OSD-na-rok-2017.html, 21.05.2019.
• 6. Wilton, P. (2014). 7 – Comparative Advantage, how it is a Competitive Advantage? https://strategicglobalgroup.com/7-competitive-advantage-of-comparative-advantage/, 1.06.2019.