CONTROLLING IN WOODWORKING AND FURNITURE MANUFACTURING ENTERPRISES: DOES PERFORMANCE INFLUENCE ITS ESSENCE AND APPLICATION?
Keywords:
controlling, controlling tools, controlling report; performance, Return on Sales, woodworking industry, furniture manufacturing.Abstract
Controlling represents an essential tool for performance management and planning in industrial enterprises, particularly in the woodworking and furniture manufacturing sectors, which play a significant role in the Slovak economy. The aim of this study was to examine whether the extent of controlling tool usage (measured by the Return on Sales indicator) is affected by company performance influences, and whether the capital structure of companies relates to the complexity of their controlling reports. The research was conducted with a sample of 405 manufacturing companies in Slovakia, using a standardized questionnaire and structured interviews to examine the link between controlling practices and enterprise performance in this sector. The analysis included Pearson’s chi-square goodness-of-fit test, which was also part of the frequency analysis. The results confirmed statistically significant differences in the extent of controlling tool usage across sectors. Although hypothesis H1 concerning the relationship between performance and the scope of controlling was not statistically significant, the observed trend may not be entirely random, and its potential relevance could emerge with a larger research sample. Hypothesis H2 was confirmed: companies with foreign or mixed capital showed higher complexity in their controlling reports. The findings have practical implications for managers when deciding whether to expand their control tools. The study also lays the groundwork for further research into the connection between performance and controlling practices.
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