FINANCIAL AND ECONOMIC ANALYSIS OF STEEL INDUSTRY BY MULTIVARIATE ANALYSIS

• Authors: Czillingová Jana , Igor Petruška , Michal Tkáč
• Languages of publication: EN

Abstracts

EN

Presented paper deals with the implementation of multidimensional statistical methods used to compare the financial health of selected global steel producers. We show the evolution of the steel industry in years 2003 – 2007 using factor analysis, multidimensional scaling and cluster analysis. Results of implemented multidimensional statistical methods are transparently and clearly presented with simple two-dimensional graphical output. The methodology for implementation of various analyses allows us to give satisfactory answers to many questions related to the identification of financial health, but also a business failure or bankruptcy prediction. The above method can be also used for the other industries based on available data.

Keywords

EN

STEEL INDUSTRY; MULTIDIMENSIONAL SCALING; CLUSTER ANALYSIS; DENDROGRAM

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2012
• Volume: 60
• Issue: 4
• Pages: 88 – 405

Contributors

author

Czillingová Jana

• Ekonomická univerzita Bratislava, Podnikovohospodárska fakulta Košice, Katedra financií a účtovníctva, Tajovského 13, 041 30 Košice, Slovak Republic

author

Igor Petruška

author

Michal Tkáč