. "V p\u0159edlo\u017Een\u00E9m \u010Dl\u00E1nku jsou prezentov\u00E1ny mo\u017Enosti predikce budouc\u00EDho r\u016Fstu hodnoty vlastn\u00EDho kapit\u00E1lu firmy pomoc\u00ED ukazatel\u016F finan\u010Dn\u00ED anal\u00FDzy. Z \u0161et\u0159en\u00ED vypl\u00FDv\u00E1 omezen\u00E1 vypov\u00EDdac\u00ED schopnost tradi\u010Dn\u00EDch postup\u016F zalo\u017Een\u00FDch na line\u00E1rn\u00ED regresy. P\u0159\u00ED\u010Diny tohoto stavu je v\u00EDce. \u0158ada finan\u010Dn\u00EDch ukazatel\u016F zem\u011Bd\u011Blsk\u00FDch podnik\u016F sice vykazuje korelaci s budouc\u00EDm v\u00FDvojem firmy, ale z\u00E1vislost je neline\u00E1rn\u00ED, nebo je p\u0159ev\u00E1\u017Een\u00E1 jin\u00FDm faktorem. Typick\u00FDm z\u00E1stupcem jsou ukazatele aktivity. Jejich v\u00FDvoj odpov\u00EDd\u00E1 sp\u00ED\u0161e v\u00FDrobn\u00EDmu zam\u011B\u0159en\u00ED p\u0159\u00EDslu\u0161n\u00E9ho podniku, ne\u017E jeho ekonomick\u00E9 \u00FAsp\u011B\u0161nosti. P\u0159\u00EDkladem neline\u00E1rn\u00ED z\u00E1vislosti mohou b\u00FDt ukazatele zadlu\u017Eenosti, kter\u00E1 se u \u010D\u00E1sti podnik\u016F ze zhor\u0161uj\u00EDc\u00ED ekonomickou situac\u00ED zadlu\u017Eenost paradoxn\u011B sni\u017Euje (vzhledem k obt\u00ED\u017En\u00E9 p\u0159\u00EDstupnosti k bankovn\u00EDm \u00FAv\u011Br\u016Fm). Lep\u0161\u00EDch v\u00FDsledk\u016F predikce lze v tomto p\u0159\u00EDpad\u011B doc\u00EDlit pomoc\u00ED neline\u00E1rn\u00ED regrese. Dal\u0161\u00EDm z d\u016Fvod\u016F neuspokojuj\u00EDc\u00EDch v\u00FDsledk\u016F predikce jsou \u010Dast\u00E9 extr\u00E9mn\u00ED hodnoty sledovan\u00FDch ukazatel\u016F i analyzovan\u00E9 rentability. Tyto extr\u00E9my zt\u011B\u017Euj\u00ED kvant" . "Inproforum 2007 : Inovace-Podniky-Regiony-Organizace : sborn\u00EDk p\u0159\u00EDsp\u011Bvk\u016F z mezin\u00E1rodn\u00ED v\u011Bdeck\u00E9 konference, \u010Cesk\u00E9 Bud\u011Bjovice 27.-28. listpadu 2007" . . "435361" . "\u010Cesk\u00E9 Bud\u011Bjovice" . "\u010Cesk\u00E9 Bud\u011Bjovice" . . "The prediction possibilities of grouth equity value of agricultural firms"@en . . "6"^^ . . . "Mo\u017Enosti predikce r\u016Fstu hodnoty vlastn\u00EDho kapit\u00E1lu zem\u011Bd\u011Blsk\u00FDch podnik\u016F" . . . "[FA4DBDC4614D]" . "Mo\u017Enosti predikce r\u016Fstu hodnoty vlastn\u00EDho kapit\u00E1lu zem\u011Bd\u011Blsk\u00FDch podnik\u016F"@cs . "1"^^ . "The prediction possibilities of grouth equity value of agricultural firms"@en . "311-316" . . "1"^^ . "Mo\u017Enosti predikce r\u016Fstu hodnoty vlastn\u00EDho kapit\u00E1lu zem\u011Bd\u011Blsk\u00FDch podnik\u016F"@cs . . . . "Jiho\u010Desk\u00E1 univerzita v \u010Cesk\u00FDch Bud\u011Bjovic\u00EDch. Ekonomick\u00E1 fakulta" . . "This paper presents the possibilities of predicting the future growth of equity capital rate by means of financial analysis indicators. The survey has shown restricted predicative efficiency of traditional methods based on linear regression. There are several causes of this situation. A number of financial indicators is in correlation with the future development of the enterprise but their relation is non-linear or it is overbalanced by another parameter. Activity ratios are typical representatives of this situation. The development of activity ratios stands better with the scope of production than with the economic efficiency of the enterprise. Debt ratio is the example of non-linear relation when paradoxically, the worsening of economical situation decreases the indebtedness (because of the lowered availability of bank loans). In this case, non-linear regression gives better outcomes of predicting. Extreme values of observed indicators and analysed profitability are another cause of unsatisfactory o"@en . "12510" . "Z(MSM6007665806)" . "RIV/60076658:12510/07:00007633" . "agricultural enterprise; financial analysis; financial health; equity value"@en . . . "Kopta, Daniel" . "978-80-7394-016-4" . "2007-01-01+01:00"^^ . "V p\u0159edlo\u017Een\u00E9m \u010Dl\u00E1nku jsou prezentov\u00E1ny mo\u017Enosti predikce budouc\u00EDho r\u016Fstu hodnoty vlastn\u00EDho kapit\u00E1lu firmy pomoc\u00ED ukazatel\u016F finan\u010Dn\u00ED anal\u00FDzy. Z \u0161et\u0159en\u00ED vypl\u00FDv\u00E1 omezen\u00E1 vypov\u00EDdac\u00ED schopnost tradi\u010Dn\u00EDch postup\u016F zalo\u017Een\u00FDch na line\u00E1rn\u00ED regresy. P\u0159\u00ED\u010Diny tohoto stavu je v\u00EDce. \u0158ada finan\u010Dn\u00EDch ukazatel\u016F zem\u011Bd\u011Blsk\u00FDch podnik\u016F sice vykazuje korelaci s budouc\u00EDm v\u00FDvojem firmy, ale z\u00E1vislost je neline\u00E1rn\u00ED, nebo je p\u0159ev\u00E1\u017Een\u00E1 jin\u00FDm faktorem. Typick\u00FDm z\u00E1stupcem jsou ukazatele aktivity. Jejich v\u00FDvoj odpov\u00EDd\u00E1 sp\u00ED\u0161e v\u00FDrobn\u00EDmu zam\u011B\u0159en\u00ED p\u0159\u00EDslu\u0161n\u00E9ho podniku, ne\u017E jeho ekonomick\u00E9 \u00FAsp\u011B\u0161nosti. P\u0159\u00EDkladem neline\u00E1rn\u00ED z\u00E1vislosti mohou b\u00FDt ukazatele zadlu\u017Eenosti, kter\u00E1 se u \u010D\u00E1sti podnik\u016F ze zhor\u0161uj\u00EDc\u00ED ekonomickou situac\u00ED zadlu\u017Eenost paradoxn\u011B sni\u017Euje (vzhledem k obt\u00ED\u017En\u00E9 p\u0159\u00EDstupnosti k bankovn\u00EDm \u00FAv\u011Br\u016Fm). Lep\u0161\u00EDch v\u00FDsledk\u016F predikce lze v tomto p\u0159\u00EDpad\u011B doc\u00EDlit pomoc\u00ED neline\u00E1rn\u00ED regrese. Dal\u0161\u00EDm z d\u016Fvod\u016F neuspokojuj\u00EDc\u00EDch v\u00FDsledk\u016F predikce jsou \u010Dast\u00E9 extr\u00E9mn\u00ED hodnoty sledovan\u00FDch ukazatel\u016F i analyzovan\u00E9 rentability. Tyto extr\u00E9my zt\u011B\u017Euj\u00ED kvant"@cs . . . "RIV/60076658:12510/07:00007633!RIV08-MSM-12510___" . "Mo\u017Enosti predikce r\u016Fstu hodnoty vlastn\u00EDho kapit\u00E1lu zem\u011Bd\u011Blsk\u00FDch podnik\u016F" .