IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2017v1specialp220-226.html

The Economic Performance Between The Past, Present And Future

Author

Listed:
  • BAKO KINGA ERZSEBET

    (UNIVERSITY 1 DECEMBRIE 1918 ALBA IULIA)

  • FULOP ARPAD ZOLTAN

    (UNIVERSITY 1 DECEMBRIE 1918 ALBA IULIA AND SAPIENTIA UNIVERSITY CLUJ-NAPOCA)

Abstract

Today the economic performance of enterprises is defined in a different way compared to traditional approaches, to understand the modern definitions will need to review the evolution of the concept from the beginnings until nowadays. In the traditional approach the economic performance of the enterprises was defined only by the perspective shareholders’, so the business owners, what is not surprising, as it was considered the source of rewarding investors and the main purpose of the business. Today a company is performing if he responds and at the economic level to the expectations of several stakeholder groups. In this article we review the evolution of these notions and we give a definition based on the modern approaches taking into account and the fact that, we can't discuss economic performance without social performance and environmental performance of an enterprise. In the last resort we aproach system measurement of the performance that meets the expectations generated by today's society.

Suggested Citation

  • Bako Kinga Erzsebet & Fulop Arpad Zoltan, 2017. "The Economic Performance Between The Past, Present And Future," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 220-226, December.
    • Handle: RePEc:cbu:jrnlec:y:2017:v:1special:p:220-226
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2017-01.Volumul_1_Special/31_Bako.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lebas, Michel J., 1995. "Performance measurement and performance management," International Journal of Production Economics, Elsevier, vol. 41(1-3), pages 23-35, October.
    2. Assist. Mirela-Oana Pintea Ph.D Student & Lect. Monica-Violeta Achim, 2010. "Performance - An Evolving Concept," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(38), pages 1-12, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Corrado Cuccurullo & Massimo Aria & Fabrizia Sarto, 2016. "Foundations and trends in performance management. A twenty-five years bibliometric analysis in business and public administration domains," Scientometrics, Springer;Akadémiai Kiadó, vol. 108(2), pages 595-611, August.
    2. Aude Schindler & Jean-Claude Bocquet & Aurélie Dudézert, 2007. "Systemic approach as a multi-criteria design method: healthcare R&D centre application," Post-Print hal-00158077, HAL.
    3. Gallear, David & Ghobadian, Abby & Chen, Weifeng, 2012. "Corporate responsibility, supply chain partnership and performance: An empirical examination," International Journal of Production Economics, Elsevier, vol. 140(1), pages 83-91.
    4. Govindan, Kannan & Kannan, Devika & Jørgensen, Thomas Ballegård & Nielsen, Tim Straarup, 2022. "Supply Chain 4.0 performance measurement: A systematic literature review, framework development, and empirical evidence," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    5. S. Panda* & M. Waris & K. Asadullah & U. Mehfooz & A. Q. Adeleke, 2018. "Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 907-914:6.
    6. Jussi Tanskanen & Liisa Mäkelä & Riitta Viitala, 2019. "Linking Managerial Coaching and Leader–Member Exchange on Work Engagement and Performance," Journal of Happiness Studies, Springer, vol. 20(4), pages 1217-1240, April.
    7. Anca Mehedintu, Cerasela Pîrvu, Cristian Pîrvu Author-Workplace-Name: Universitatea din Craiova, Craiova, România; Universitatea “Constantin Brâncusi”, Târgu Jiu, România, 2012. "Performance Management Approaches In Economic Organizations Using Information Technology," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 109-116, March.
    8. Schwartz, Robert & Deber, Raisa, 2016. "The performance measurement–management divide in public health," Health Policy, Elsevier, vol. 120(3), pages 273-280.
    9. Izabela Diana HADA, 2019. "The Influence Of Methods Of Valuation Of Stocks At The Entity Output On Performance," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 4(2), pages 172-180.
    10. Petra Štamfestová, 2014. "Řízení výkonnosti zpracovatelských podniků v ČR s důrazem na nefinanční aspekty podnikání [Business Performance Management In Manufacturing Companies in the Czech Republic with an Emphasis on Non-Financial Aspects of Business]," Politická ekonomie, Prague University of Economics and Business, vol. 2014(4), pages 521-541.
    11. Milichovsky, Frantisek, 2015. "Measuring Indicators for Marketing Effectiveness in Czech Companies || Indicadores para medir la eficacia del marketing en las empresas checas," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 20(1), pages 3-24, December.
    12. Sorinel Căpuşneanu & Cristian-Marian Barbu & Hassan Danial Aslam, 2012. "New Dimensions Of Performance Measurement," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(14), pages 1-3.
    13. Ka Leung Lok & Albert So & Alex Opoku & Charles Chen, 2021. "A Sustainable Facility Management Outsourcing Relationships System: Artificial Neural Networks," Sustainability, MDPI, vol. 13(9), pages 1-28, April.
    14. Marian TAICU, 2013. "Considerations Regarding The Implementation Of A Performance Management System In Private Hospitals," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 12(1), pages 72-84.
    15. Joanne Lye & Zahirul Hoque & Lee Parker, 2021. "How do employees learn from performance measures? Evidence from a local government entity," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(2), pages 3443-3480, June.
    16. Jana Hornungová & Kateřina Petrová & František Milichovský, 2020. "Modeling Cause and Effect Relationships of Strategy Map Using Economic and Social Performance Factors in the Organizational Culture," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 68(3), pages 613-624.
    17. Nazli ERSOY, 2017. "Performance Measurement in Retail Industry By Using A Multi-Criteria Decision Making Methods," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 17(4), pages 539-551.
    18. Hada Izabela Diana & Burja Vasile, 2018. "Interference Between Profit And Cash-Flow In Evaluating Economic Performance," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 96-101, June.
    19. Olufemi A. Ogunkoya & Emmanuel Y. Ogundele & Adeola E. Adetayo, 2021. "Knowledge Transfer and Business Performance: A Study of Manufacturing Organizations in Ogun State, the Federal Republic of Nigeria," Business & Management Compass, University of Economics Varna, issue 1, pages 86-101.
    20. Melinda-Timea FÜLÖP & Mirela-Oana PINTEA, 2015. "The Link Between Corporate Governance And Performance - Evidence From Romania," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 33, pages 81-90, April.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2017:v:1special:p:220-226. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.