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Modern Approaches Regarding The Assessment Of The Company’S Overall Performances

Author

Listed:
  • Achim Monica-Violeta
  • Pintea Mirela-Oana
  • Mara Ramona-Eugenia

Abstract

The importance of this research can be supported by ambitious goals that are attributed to performance measurement / assessment of a company such as: improving company performance, optimization of company’s management and motivating staff. In the current context of sustainable development, the performance definition, measurement and maximizing system of companies becomes a complex one. The modern business environment demands a multi-goal orientation. Profit theory is no longer a valid measure of organizational performance and neither are other approaches that only take the interests of shareholders (owners) of a company into account. Today’s business environment is characterized by the increasing importance and strength of various stakeholder groups. This paper captures the current mutations brought on the line of developing a modern system of assessment of company’s performance.

Suggested Citation

  • Achim Monica-Violeta & Pintea Mirela-Oana & Mara Ramona-Eugenia, 2010. "Modern Approaches Regarding The Assessment Of The Company’S Overall Performances," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 295-301, July.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:1:p:295-301
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n1/044.pdf
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    Citations

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    Cited by:

    1. Vasile Burja, 2012. "Environmental Management Systems And Companies' Sustainable Performance In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-19.

    More about this item

    Keywords

    sustainable development; global performance; financial indicators; non-financial indicators;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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