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Conceptual Valences Regarding the Economic and Financial Performance of the Public Sector Institutions

Author

Listed:
  • Cristina-Petrina Drãguºin

    (Faculty of Economics and Business Administration, University of Craiova)

  • Daniel Cîrciumaru

    (Faculty of Economics and Business Administration, University of Craiova)

  • Silviu-Valentin Cârstina

    (Faculty of Economics and Business Administration, University of Craiova)

Abstract

The economic and financial performance of the public sector institutions represents a particularly current debate topic, receiving increasingly more attention both within the academic research and the practical activity, and, equally, an extensive and controversial subject, since it is still very difficult to be identified and quantified. The economic and financial performance concept was developed in the public sector institutions on the background of the growing degree of complexity in solving the problems they face, as a result of the consistent progress registered towards globalization as an overall phenomenon. Starting from the concept of performance in general, the main objective of this paper consists in identifying, presenting and advancing conceptual meanings regarding the economic and financial performance of the public sector institutions, through the delimitations and theoretical fundaments provided by the specialty literature. The paper is based on a quantitative research approach, aiming a deeper understanding of the debated concept.

Suggested Citation

  • Cristina-Petrina Drãguºin & Daniel Cîrciumaru & Silviu-Valentin Cârstina, 2016. "Conceptual Valences Regarding the Economic and Financial Performance of the Public Sector Institutions," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 503-508, July.
    • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:1:p:503-508
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    More about this item

    Keywords

    economic and financial performance; public sector; efficiency; effectiveness; rentability.;
    All these keywords.

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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