ECONOMIC-MATHEMATICAL NATURE OF THE HGN MODEL CONCEPT AS A TOOL FOR MEASURING PERFORMANCE OF ENTERPRISES

• Autorzy: Hyránek Eduard , Grell Michal , Nagy Ladislav , Ďurinová Ivona
• Języki publikacji: EN

Abstrakty

EN

The article talks about the newly-conceived HGN model based on ratio indicators. The main characteristic of the model is a synthetic indicator based on “refining” chosen financial efficiency indicators by separating out impacts measured by using chosen efficiency decreasing indicators. We identify and present a way to determine the minimum limits of the synthetic indicator characterizing the performance of a non-financial enterprise. We apply both the classical and tolerance approach to sensitivity analysis in a linear optimization model. We demonstrate the performance measurement possibilities provided by the gradual improvement of the HGN model by designing two versions of the model.

Słowa kluczowe

EN

ENTERPRISE PERFORMANCE; HGN MODEL; EFFICIENCY INDICATORS; RATIO OUTLIERS; LINEAR OPTIMIZATION MODEL; SENSITIVITY ANALYSIS

• Wydawca: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Czasopismo: Ekonomický časopis (Journal of Economics)
• Rocznik: 2018
• Tom: 66
• Numer: 3
• Strony: 309 – 325

Twórcy

autor

Hyránek Eduard

• University of Economics in Bratislava, Faculty of Business Management, Dolnozemská cesta 1/b, 852 35 Bratislava, Slovak Republic,

autor

Grell Michal

autor

Nagy Ladislav

autor

Ďurinová Ivona