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Firm Performance Evaluation: Case Study in Dobrogea's Construction Sector

Author

Listed:
  • Ionescu Alexandra

    ("Ovidius" University of Constanta)

  • Horga Maria-Gabriela

    ("Ovidius" University of Constanta)

  • Lazar Cristina

    ("Ovidius" University of Constanta)

Abstract

Generally speaking, performance indicators, whether financial or non-financial, should provide enough information that would help an actor drive the course of an action in order to achieve its objectives and evaluate the results. Undoubtedly, financial indicators are necessary in assessing companies performance. But they are certainly not enough. Previous literature and research in the field stresses the increasing importance of several factors that affect business performance, many of them unquatitized in monetary terms. The purpose of this paper is to highlight the importance of the non-financial indicators in performance evaluation. The paper consists of an empirical research conducted on Romanian small and medium enterprises activating in the construction sector in Dobrogea region.

Suggested Citation

  • Ionescu Alexandra & Horga Maria-Gabriela & Lazar Cristina, 2012. "Firm Performance Evaluation: Case Study in Dobrogea's Construction Sector," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(3), pages 1-33, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:3:p:33
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    Citations

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    Cited by:

    1. ARTENE, Alin, 2018. "Dobrogea School of Economics," SocArXiv hwn8a, Center for Open Science.
    2. ARTENE, Alin, 2018. "Dobrogea School of Economics," LawArXiv jb3um, Center for Open Science.

    More about this item

    Keywords

    Survey; business performance; performance variables.;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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