Wartość dodana determinantą konkurencyjności przedsiębiorstwa

Abstract

The main aim of this paper is an attempt of theoretical and empirical analysis of the possibility of recognizing the added value as a determinant of enterprise’s competitiveness. The significance of chosen topic follows both from the fact that recognition of the phenomenon of competition and competitiveness as an attribute of a market economy, as well as the role it plays in the competitive strategy adopted by the company to achieve its goals. In addition, by adopting the concept of creating value as a common goal the company and its stakeholders must be concluded that the creation of added value is connected with obtaining by it a good competitive position. In this paper authors have verified the statement assuming that the high added value is combined with simultaneous high market share of the entity. To empirical research the companies listed on the Warsaw Stock Exchange belonging to the most numerous building sector were chosen. The variables linked with enterprise’s competitiveness i.e. the share of entity's revenues from sale to total revenues of the sector and the relation of economic value added (EVA) of the entity to its cost of sales, were distinguished. Also the stochastic dependence occurs between economic value added and the revenues of sales of company were evaluated. Based on the empirical analysis the significant difference between place in the ranking in terms of generated added value and the degree of market share of the company were found.