Department of Business Development and Technology

Rick Edgeman

Do Japanese Companies in the Czech Republic Perform Better than Others?

Research output: Contribution to conferencePaperResearchpeer-review

  • Michaela Blahova, Tomas Bata University in Zlin, Czech Republic
  • Přemysl Pálka, Tomas Bata University in Zlin, Czech Republic
  • Rick Edgeman
Purpose: This paper explores performance of Japanese companies located in the Czech Republic that focus on manufacturing of transportation machinery parts (due to their largest share in manufacturing industry) and compares their results with other companies in the same industry in the Czech Republic (irrespective the owner’s country of origin) in order to find out whether Japanese companies have been succeeding in combining a new focus on strategy, profit orientation, global outlook and flexibility with their traditional strengths of efficient processes, quality orientation, attention to detail and the capacity to win a substantial degree of loyalty from their employees, and, therefore, achieve improved corporate performance.

Approach/method/design: The research involved assembling key academic and other literature on the subject of corporate performance as well as an in-depth analysis of various measures of financial analysis. Despite widespread calls for a balanced approach to assessing organizational performance financial measures still dominate and, therefore, the research took them into consideration. The data obtained were further analyzed by the R free software environment for statistical computing and graphics.

Findings: The research took into consideration the sample of 180 companies in the period between 2005 and 2010 in order to detect the influence of the financial crisis. Within the analysis, outliers were excluded using a statistical method of boxplots. Although the research did not prove the causal relationship between the enhanced performance of Japanese companies and changes that have been in progress in the world economy recently, it identified companies with above-average performance values that respond to changes in economies and adapt their business focus fast.

Value/contribution: The paper shares valuable insights on performance measurement in Japanese companies located in the Czech Republic that focus on manufacturing of transportation machinery parts and other companies in the same industry in the Czech Republic (irrespective the owner’s country of origin).
Original languageEnglish
Publication yearFeb 2015
Number of pages16
Publication statusPublished - Feb 2015
EventPerformance Management Association Australasia Conference 2015: Beyond best practice: Tools for tomorrow’s organisation - Auckland University, Auckland, New Zealand
Duration: 2 Feb 20154 Feb 2015

Conference

ConferencePerformance Management Association Australasia Conference 2015
LocationAuckland University
CountryNew Zealand
CityAuckland
Period02/02/201504/02/2015

    Research areas

  • Business Performance, Japan, Czech Republic

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