Naslov
Multivariate statistical methods as a tool of industry financial analysis: Evidence from Bosnia and Herzegovina construction industry.

Autori
Resić, Emina ; Mangafić, Jasmina ; Perić, Tunjo

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the ISCCRO - International Statistical Conference in Croatia - Zagreb, Croatia. / Dumičić, K. ; Erjavec, N. ; Pejić Bach, M. - Zagreb : Hrvatsko statističko društvo, 2016, 138-144

Skup
ISCCRO - The International Statistical Conference in Croatia - Zagreb, Croatia, 05-06 May 2016 ; Conference Topic: „New Challenges of Official and Applied Statistics in European Union“.

Mjesto i datum
Zagreb, Hrvatska, 05.05.2016. - 06.05.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
financial ratios ; multivariate statistics.

Sažetak
There are over 50 financial ratios available for industry ratio analysis and some are more important than the others for different industries. Very often we have a situation that a performance seem to be excellent according to one ratio, but poor to another ratio. Therefore, we need to identify the smaller set of ratios to be used for industry financial analysis. The objective of this paper is to examine the use of multivariate statistical methods in financial ratios analysis in order to reduce the number of ratios and to select optimal ones as a base for construction of a synthetic general index. Empirical research covers BiH companies from the construction industry for the period from 2003 to 2012. The study shows that multivariate methods may be a useful tool for analysing the relation between financial ratios, as for reduction of the number of ratios required for assessing industry financial performance.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Ovaj rad je u potpunosti podržan od strane Hrvatske zaklade za znanost kao dio znanstvenog projekta „Statistical Modelling for Response to Crisis and Economic Growth in Western Balkan Countries“ (STRENGTHS) ; Broj projekta: HRZZ-IP-2013-11-9402 ; Voditeljica: prof. dr. sc. Ksenija Dumičić.

POVEZANOST RADA