Publication detail

Identification of financial performance due application of factor analysis on companies in the waste industry in countries of the Visegrad group

MILICHOVSKÝ, F. MRÁČEK, P.

Original Title

Type

conference paper

Language

English

Original Abstract

Research background: The topic of the waste area is up- to- date because of the increasing production of waste, especially in the consumption market. The main problem of the consumption market is that almost all kinds of products have a package from plastics or paper, which should be collected and recycled. However, not only recycling process is connected to the current cyclic economy or reverse logistics. Also, it is possible to specify different ways of waste processing in connection to corporate performance. Purpose of the article: The objective of the contribution is to specify key indicators for chosen companies, operating in the area of Visegrad group in the waste collection and processing industry. Methods: The objective of the paper is to define core financial indicators for companies, operating in groups 38 and 46.77 of the CZ- NACE classification. The data was taken from the Orbis Europe database, from which we gained data from 23753 companies, which operated in the Visegrad group (Czech Republic, Slovakia, Hungary, Poland). To define key financial factors, we employed factor analysis as a tool for reducing the number of input variables into less number of composite factors. Findings & Value added: According to the results of factor analysis, we found two factors with confirmation by Cronbach’s alpha rate for the whole Visegrad group, two individual factors for Hungary, Slovakia, and Poland, and one for the Czech Republic. These factors provide a specific perspective on financial results, which should explain the importance and relevance of the chosen industry.

Keywords

waste management, waste collection, financial performance, Visegrad group, factor analysis

Authors

MILICHOVSKÝ, F.; MRÁČEK, P.

Released

26. 5. 2025

Publisher

Peter Lang Group AG

Location

Berlin (GE)

ISBN

978-3-631-92476-1

Book

Globalization and Its Socio- Economic Consequences, Volume II 23rd International Scientific Conference Proceedings

Pages from

267

Pages to

278

Pages count

URL

https://www.peterlang.com/document/1482750

BibTex

@inproceedings{BUT197988,
  author="František {Milichovský} and Pavel {Mráček}",
  title="Identification of financial performance due application of factor analysis on companies in the waste industry in countries of the Visegrad group",
  booktitle="Globalization and Its Socio- Economic Consequences, Volume II
23rd International Scientific Conference Proceedings",
  year="2025",
  pages="267--278",
  publisher="Peter Lang Group AG",
  address="Berlin (GE)",
  doi="10.3726/b22206",
  isbn="978-3-631-92476-1",
  url="https://www.peterlang.com/document/1482750"
}