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Języki publikacji
Abstrakty
Objective: This article aims to evaluate the impact of the internationalization process of firms on their financial situation. Through the research process presented in this study, I verify whether financial analysis can have its legitimate application in assessing the internationalization of a firm in the gaming industry. This verification is done on the example of the CD Projekt capital group. The process of scientific reasoning in this paper will bring closer to the fulfilment of the main research objective - to answer the question about the desirability of applying ratio analysis in the research domain of internationalization of firms.
Research Design & Methods: This paper applies an indicator analysis. Over the years of development of this analysis, researchers separated, measured, and formed the four most essential elements of its financial functioning to enable their evaluation. Using the literature on the subject, calculating tools and my knowledge, I independently prepared and developed eleven indicators that constitute the foundation of the research process presented in this article. The indicators will verify the hypotheses posed through calculations and interpretation of correlation coefficients between variables.
Findings: The effect of partial or complete confirmation of the hypotheses adopted in the introduction is to confirm that the company's internationalisation in the gaming industry has a positive impact on its financial condition. The result of the study is also the conclusion that the company's internationalisation has had a positive impact on almost every aspect of the CD Projekt capital group's operations and its current position is directly attributable to the internationalization process.
Implications & Recommendations: To simplify the analysis, topic has been reduced to the example of a company in the gaming industry. I note, however, that the indicator analysis also seems to be a tool to assess the process of internationalization within other separate industries or sectors and therefore recommends further study of the issue.
Contribution & Value Added: The use of indicator analysis in the research domain of the internationalization of enterprises has been the subject of scientific studies for some time. However, the attempt to implement the issue in the specificity of the creative industry is, according to the state of the author's knowledge, a kind of novelty. This work aimed to assess the impact of the internationalization process of a company in the gaming industry on its financial position. This goal was achieved, which confirms, following the principle of deductive reasoning, that assessing the impact of the internationalization process of the company based on indicator analysis retains economic sense. (original abstract)
Research Design & Methods: This paper applies an indicator analysis. Over the years of development of this analysis, researchers separated, measured, and formed the four most essential elements of its financial functioning to enable their evaluation. Using the literature on the subject, calculating tools and my knowledge, I independently prepared and developed eleven indicators that constitute the foundation of the research process presented in this article. The indicators will verify the hypotheses posed through calculations and interpretation of correlation coefficients between variables.
Findings: The effect of partial or complete confirmation of the hypotheses adopted in the introduction is to confirm that the company's internationalisation in the gaming industry has a positive impact on its financial condition. The result of the study is also the conclusion that the company's internationalisation has had a positive impact on almost every aspect of the CD Projekt capital group's operations and its current position is directly attributable to the internationalization process.
Implications & Recommendations: To simplify the analysis, topic has been reduced to the example of a company in the gaming industry. I note, however, that the indicator analysis also seems to be a tool to assess the process of internationalization within other separate industries or sectors and therefore recommends further study of the issue.
Contribution & Value Added: The use of indicator analysis in the research domain of the internationalization of enterprises has been the subject of scientific studies for some time. However, the attempt to implement the issue in the specificity of the creative industry is, according to the state of the author's knowledge, a kind of novelty. This work aimed to assess the impact of the internationalization process of a company in the gaming industry on its financial position. This goal was achieved, which confirms, following the principle of deductive reasoning, that assessing the impact of the internationalization process of the company based on indicator analysis retains economic sense. (original abstract)
Czasopismo
Rocznik
Tom
Numer
Strony
51-63
Opis fizyczny
Twórcy
autor
- Cracow University of Economics in Cracow, Poland, PhD student
Bibliografia
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- Maciejewski, M., & Głodowska, A. (2020). Economic development versus the growing importance of the financial sector: Global insight. International Entrepreneurship Review, 6(3), 77-90. https://doi.org/10.15678/IER.2020.0603.06
- Moscviciov, L., Batrancea, M., Batrancea, I., & Batrancea, A. (2010). Financial ratio analysis used in the enterprises. Annals of the University of Oradea: Economic Science, 2(1), 600-603.
- Mukaka, M.M. (2012). Statistic Corner: A guide to appropriate use of Correlation coefficient in medical reaserch. Malwi Medical Journal, 24(3), 69-71.
- Ruigrok, W., & Wagner, H. (2003). Internationalization and Performance: An Organizational Learning. Perspective. Management International Review, 43(1), 63-83.
- Rymarczyk, J. (2020). Technologies, Opportunities and Challenges of the Industrial Revolution 4.0: Theoretical Considerations. Entrepreneurial Business and Economics Review, 8(1), 185-198. https://doi.org/10.15678/EBER.2020.080110
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- Trąpczyński, P., & Halaszovich, T. (2021). Exploitation-exploration balance and its performance outcomes: A study of FDI portfolio decisions of new multinational. Entrepreneurial Business and Economics Review, 9(4), 115-129. https://doi.org/10.15678/EBER.2021.090408
- UCTAD (2007). The Diverse of the Largest Transmnational Corporations.New York and Geneva: United Nations.
- Wach, K. (2016). Innovative Behaviour of High-Tech Internationalized Firms: Survey Results from Poland. Entrepreneurial Business and Economics Review, 4(3), 153-165. https://doi.org/10.15678/EBER.2016.040311
- Wach, K. (2017). Exploring the Role of Ownership in International Entrepreneurship: How does Ownership Affect Internationalisation of Polish Firms? Entrepreneurial Business and Economics Review, 5(4), 205-224. https://doi.org/10.15678/EBER.2017.050410
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Typ dokumentu
Bibliografia
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Identyfikator YADDA
bwmeta1.element.ekon-element-000171634650
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