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Financial Performance – A Key Factor for Managerial Decisions

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  • Riana Iren Radu

    () (Dunarea de Jos University of Galati, Faculty of Economics and Business Administration)

Abstract

The study of economic performance has started by studying the economic efficiency, which treats analytically the links between costs, returns and risks for alternative ways of action proposed to achieve goals. Financial performance has a key-role in achieving performance by an enterprise and is based on a set of indicators that evaluates company’s financial status. From these indicators may be identified factors that can be used to create a mathematical model for substantiation the managerial decisions.

Suggested Citation

  • Riana Iren Radu, 2011. "Financial Performance – A Key Factor for Managerial Decisions," EuroEconomica, Danubius University of Galati, issue 28, pages 55-65, May.
  • Handle: RePEc:dug:journl:y:2011:i:28:p:55-65
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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/899/783
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    References listed on IDEAS

    as
    1. Barbuta Misu, Nicoleta, 2009. "Modelling the Financial Performance of the Building Sector Enterprises – The case of ROMANIA," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 195-212, December.
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    Keywords

    decision; financial balance; profitability; costs; risks;

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