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Modern Approaches Regarding The Assessment Of The Company’S Overall Performances

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Author Info

  • Achim Monica-Violeta
  • Pintea Mirela-Oana
  • Mara Ramona-Eugenia

    ()

Abstract

The importance of this research can be supported by ambitious goals that are attributed to performance measurement / assessment of a company such as: improving company performance, optimization of company’s management and motivating staff. In the current context of sustainable development, the performance definition, measurement and maximizing system of companies becomes a complex one. The modern business environment demands a multi-goal orientation. Profit theory is no longer a valid measure of organizational performance and neither are other approaches that only take the interests of shareholders (owners) of a company into account. Today’s business environment is characterized by the increasing importance and strength of various stakeholder groups. This paper captures the current mutations brought on the line of developing a modern system of assessment of company’s performance.

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Bibliographic Info

Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

Volume (Year): 1 (2010)
Issue (Month): 1 (July)
Pages: 295-301

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Handle: RePEc:ora:journl:v:1:y:2010:i:1:p:295-301

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Related research

Keywords: sustainable development; global performance; financial indicators; non-financial indicators;

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Cited by:
  1. Vasile Burja, 2012. "Environmental Management Systems And Companies‘ Sustainable Performance In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 19.

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