Investment evaluation and business performance of manufacture companies in Slovakia
The paper is focused on area of investment measurement and management in manufacturing enterprises in Slovakia and especially analyses wood processing industry. The aim of this study was to investigate using of certain methods and groups of indicators in investment effectiveness valuation and their possible impact in better business performance. Discounted cash flow valuation is one of several ways of approaching valuation, however, it is a foundation of all other valuation approaches, so we are mainly interested in indicators such as Net Present Value or Internal Rate of Return. We used in the research two-dimensional inductive statistics between categorical variables, the dependence we examined with contingency and we also applied analysis of variance. Our research statistically confirmed that better business performance is significantly dependent on use of certain investment effectiveness valuation methods.