Poziomy stosowanej techniki a efektywność przemysłowych spółek giełdowych

Abstract

Regardless of the characteristic of any enterprise degree of applied innovation, the primary task of each company should be to provide conditions for its long-term business and development. It seems that the fulfillment of the obligations is impossible without maintaining adequate, a high level of efficiency of the unit. The main goal of the study is to verify the hypothesis stating that „industrial enterprises classified in the high-tech sectors maintain a higher efficiency than the business activities included in the group of low-tech sectors”. For empirical verification of the above hypothesis was used five basic measures assessing the effectiveness of the company, namely: ROA indicator, EPS indicator, PEQ indicator, q-Tobin indicator and MV/BV indicator. Empirical research have been conducted among companies quoted on the Stock Exchange inWarsaw in 2009–2012, which were classified into a group of companies: pharmaceutical industry, automotive industry, plastics industry, wood and paper industry.