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Use of management tools and return on equity

Author

Listed:
  • Damijan Kreslin
  • Štefan Bojnec
  • Mirko Markič
  • Annmarie Gorenc Zoran

Abstract

The purpose of this research was to determine if there is a relationship between the use of management tools and techniques (MTTs) and selected factors on a company's performance (i.e., return on equity). The results showed that when managers were satisfied with the use of MTTs, companies increased their return on equity. Moreover, managers do not have enough knowledge or understanding of modern tools to promote ideas, and renovate the business environment to create value. They spend too much time solving operational problems and neglect to identify the company's competencies, leadership skills and vision for the company's development.

Suggested Citation

  • Damijan Kreslin & Štefan Bojnec & Mirko Markič & Annmarie Gorenc Zoran, 2021. "Use of management tools and return on equity," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 20(4), pages 347-362.
    • Handle: RePEc:ids:ijmede:v:20:y:2021:i:4:p:347-362
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