Naslov
BUSINESS EXCELLENCE OF PRODUCTION COMPANIES TODAY: A CASE STUDY IN CROATIA,

Autori
Roška, Vlasta ; Blažeković, Igor

Izvornik
INTERDISCIPLINARY MANAGEMENT RESEARCH XVI (1847-0408) XVI (2020); 1461-1481

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Agriculture, BEX index, Manufacture, Zagreb Stock Exchange

Sažetak
A rich country in natural resources, such as Croatia, should be a leader in the development of manufacturing activities in the EU. Is this the case in Croatia? Croatia has a lot of production potential, whether, in agriculture, shipbuilding, timber industry, clothing, footwear, as well as other production opportunities. The main question is how the production activity develops after the financial crisis that hits the entire economy, pre-bankruptcy settlements, as well as Agrokor case. The main focus of this research is to determine if we can talk today about business excellence or business failure in manufacturing companies in Croatia. BEX index of listed 38 companies in agriculture and manufacturing sectors on the Zagreb Stock Exchange used to confirm the main purpose. The average BEX index for all sectors of agriculture and production was 0.77 in 2007 and -6.82 in 2018. The main hypothesis that agricultural and production companies have found the way to a successful business cannot be confirmed. Significant progress has noted in many societies. Listed production companies also include three companies that are classified in the BEX index as world- class and should be a role model for all entrepreneurs. These companies are Ericsson Nikola Tesla d.d., Koncar D&ST d.d. and Maraska d.d.. In 2018, Zvečevo d.d. found a way to achieve an exceptional BEX result by finding new markets and new customers overseas, after a series of bad business years. Our agriculture and manufacture companies need better use of EU funds and reap the benefits of joining the EU with better access to new markets and new investors with more significant support from all ministries.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA