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Measurement Indicators of the Value Creation within a company from the Romanian Seaside Hotel Industry

Author

Listed:
  • Trandafir Raluca-Andreea

    (Ovidius University of Constanta, Romania, Faculty of Law, Administrative Sciences and Sociology)

  • Mirea Marioara

    (Ovidius University of Constanta, Romania, Faculty of Economical Sciences)

Abstract

The purpose of this research is to highlight the role of value creation indicators measuring the financial performance of a hotel company from the Romanian seaside. The value creation indicators are the most appreciated indicators in terms of achieving performance that involve all used resources; these indicators can be adopted for the decentralization of management decisions. In order to highlight the importance of the value creation indicators assessment method, we performed a case study on a representative hotel company that gets positive financial results pursuant to conventional methods, aiming to outline the correlation between the value creation indicators and the traditional methods for performance assessment.

Suggested Citation

  • Trandafir Raluca-Andreea & Mirea Marioara, 2014. "Measurement Indicators of the Value Creation within a company from the Romanian Seaside Hotel Industry," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 612-616, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:612-616
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    More about this item

    Keywords

    value creation indicators; the cash value added; the market value added; the total shareholder return.;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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