| Issue |
SHS Web Conf.
Volume 39, 2017
Innovative Economic Symposium 2017 (IES2017)
|
|
|---|---|---|
| Article Number | 01006 | |
| Number of page(s) | 10 | |
| Section | Strategic Partnerships in International Trade | |
| DOI | https://doi.org/10.1051/shsconf/20173901006 | |
| Published online | 06 December 2017 | |
Is the size of an enterprise in the construction industry an important prerequisite for its success?
Institute of Technology and Business in České Budějovice, School of Expertness and Valuation, Okružní 517/10, 370 01 České Budějovice
* Corresponding author: groda@mail.vstecb.cz
The construction industry can currently be ranked among the most important sectors of the national economy, with a large number of companies operating within it. These undertakings differ from each other by subject of activity, place of activity, chosen strategy, the legal form of the enterprise or the size of the enterprise. This paper aims to determine what impact the size of a construction company has on its future success, with asset returns and return on equity being considered success indicators. A data sample of 3139 construction companies from between 2011 and 2015 was used for analysis. As a result, the predetermined hypotheses have been verified: a larger enterprise generates a higher ROE and a larger enterprise generates a larger ROA. It was found that the size of the company greatly affects its liquidity.
Key words: enterprise size / construction industry / ROA / ROE / liquidity
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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