Utjecaj čimbenika okruženja na sigurnost i uspješnost poslovanja brzorastućih poduzeća "jednoroga''

master's thesis

• Title (english): The impact of regional factors on the financial position and performance of fast-growing companies unicorns
• Author: Dora Kukec
• Mentor: Mateja Brozović (mentor)
• Committee member: Mateja Brozović (predsjednik povjerenstva)
• Committee member: Lajoš Žager (član povjerenstva)
• Committee member: Ana Rep (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Accounting); Zagreb
• Defense date and country: 2023-06-12, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Accounting

Abstract

U ovome diplomskom radu cilj je analizirati utjecaj čimbenika okruženja na sigurnost i uspješnost poslovanja ,,jednoroga’’. Stoga, u prvome je dijelu rada opisana uloga i važnost financijskih izvještaja te informacija koje iz istih proizlaze. Opisane su tehnike i alati financijske analize, horizontalne i vertikalne analize financijskih izvještaja te analize putem financijskih pokazatelja, a posebice Altmanov Z-score model za privatna poduzeća. Na kraju prvog dijela posebno su istaknuta ograničenja primjene instrumenata analize financijskih izvještaja u ocjeni sigurnosti i uspješnosti poslovanja ,,jednoroga’’ s obzirom na činjenicu da se radi o visoko inovativnim, ali često neprofitabilnim poduzećima. U drugome dijelu rada opisana su obilježja i same specifičnosti brzorastućih poduzeća ,,jednoroga’’. Objašnjene su faze rasta takvih poduzeća, ali i njihov ekonomski značaj te regionalna rasprostranjenost, dok je na kraju dan pregled mogućih čimbenika okruženja koji utječu na njihovu zastupljenost u svijetu. U trećem dijelu rada slijedi opsežna analiza financijskih izvještaja pomoću horizontalne i vertikalne analize te financijskih pokazatelja odabranih pet ,,jednoroga’’ iz različitih zemalja Europe. Analizirano je financijsko zdravlje ,,jednoroga’’ Infobip, Collibra, Pleo Technologies, Veriff i Graphcore kroz razdoblje od 2017. do 2021. godine. Nadalje, u četvrtom dijelu rada oblikovan je model višestruke linearne regresije kako bi se uspješnost i sigurnost odabranih ,,jednoroga’’ dovela u odnos s relevantnim čimbenicima okruženja te su provedeni dijagnostički testovi. Na samome kraju rada izvedeni su zaključci temeljeni na rezultatima istraživanja koji pokazuju kako određeni čimbenici u okruženju imaju značajan utjecaj na sigurnost i uspješnost poslovanja ,,jednoroga’’.

Abstract (english)

In this thesis, the aim is to analyze the impact of regional factors on the financial position and performance of unicorns. Therefore, in the first part of the thesis, the role and importance of financial statements, as well as the information included in them are presented. Tools and techniques of financial statement analysis, horizontal and vertical analysis of financial statements and analysis using financial ratios are described, especially Altman's Z-score model for private companies. At the end of the first part, limitations of the application of the tools of financial statement analysis in the assessment of the financial position and performance of the unicorns are outlined, given the fact that these are highly innovative, but often unprofitable companies. In the second part of the thesis, the characteristics and specifics of fast-growing unicorn companies are described. Growth stages of such companies are presented, as well as their economic significance and regional distribution, while at the end an overview of possible regional factors that influence their prevalence in the world is given. In the third part of the thesis, there is an extensive analysis of financial statements using horizontal and vertical analysis, as well as financial ratios of five chosen unicorns from different European countries. The financial health of unicorns Infobip, Collibra, Pleo Technologies, Veriff and Graphcore was analysed from 2017 to 2021. Furthermore, in the fourth part of the thesis, a multiple linear regression model was constructed in order to connect the financial position and performance of the selected unicorns to the relevant regional factors, and diagnostic tests were performed. At the very end of the paper, conclusions based on research results were drawn, which show that certain regional factors have a significant impact on the financial position and performance of unicorns.

• Keywords: jednorog; analiza financijskih izvještaja; čimbenici okruženja; sigurnost i uspješnost poslovanja; model višestruke linearne regresije
• Keywords (english): unicorn; analysis of financial statements; regional factors; financial position and performance; multiple linear regression model
• Language: croatian
• URN:NBN: urn:nbn:hr:148:932197
• Study programme: Title: Business economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: sveučilišni magistar ekonomije/sveučilišna magistra ekonomije (sveučilišni magistar ekonomije/sveučilišna magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to authenticated users
• Created on: 2023-06-12 19:14:21