Designing an advanced PPE model to measure performance and efficiency of Slovak spa enterprises

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dc.contributor.author Čabinová, Veronika
dc.contributor.author Onuferová, Erika
dc.date.accessioned 2019-10-01T11:54:09Z
dc.date.available 2019-10-01T11:54:09Z
dc.date.issued 2019
dc.identifier.issn 1211-555X (Print)
dc.identifier.issn 1804-8048 (Online)
dc.identifier.uri https://hdl.handle.net/10195/74252
dc.description.abstract Each model for measuring performance and prediction is different as it uses different mathematical approaches and works with different indicators. In the era of rapidly changing economic environment, the standard methods for measuring financial performance and assessing financial health are less adequate. Most authors focus on enhancing the predictive ability of original models by responding appropriately to the existing changed economic environment as the identification, increasing and managing enterprise performance and efficiency represent a key tool of today's competitive struggle. The objective of the paper is to create and then apply in practice a new innovative 3D model (PPE model) evaluating the current financial position of Slovak spa companies (P – positon), their future development prognosis (P – prognosis) as well as their efficiency (E – efficiency). The aim of the paper is to identify and implement traditional key indicators, predictive models and efficiency indicators within each of the model dimensions while respecting sectoral characteristics and financial particularities of Slovak spa enterprises. Creating a PPE model will help to better identify the current financial position of the sampled enterprises and, in this way, it will be able to reveal the causes hindering the development of their financial performance to a more accurate extent. en
dc.format p. 30 - 43
dc.language.iso en
dc.publisher Univerzita Pardubice cze
dc.relation.ispartof Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 46/2019 en
dc.rights open access en
dc.subject PPE model en
dc.subject financial health en
dc.subject bankruptcy models en
dc.subject enterprise efficiency en
dc.subject spa health sector en
dc.title Designing an advanced PPE model to measure performance and efficiency of Slovak spa enterprises en
dc.type Article en
dc.peerreviewed yes en
dc.publicationstatus published en
dc.subject.jel C0
dc.subject.jel C53
dc.subject.jel M31
dc.subject.jel M21


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