The measurement of company performance on the basis of accounting data
| Authors | |
|---|---|
| Year of publication | 2008 |
| Type | Article in Proceedings |
| Conference | New Trends & Challenges in Management. Concepts of Management |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | company performance; accounting data |
| Description | The performance is in the economic theory narrowly connected with value creation and with elements that affect directly or indirectly the process of value creation . There was developed some separate method to managing of company performance based on value creation named as VBA (Value Based Management) that is aimed not only to manage operating activities themselves but also to ensure these activities by stable funding including investments needed to ensure future production growth of company. As a instrument of company performance management kicks the method BSC (Balanced Scorecard) in present management theory and as a measurement tool is used indicator EVA (Economic Value Added). |