EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 7, Number 2, Year 2019

ASSERMENTS ON PERFORMANCE OF ECONOMIC ENTITIES
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Author(s): Cristina Gabriela Cosmulese, Elena Hlaciuc
DOI: 10.4316/EJAFB.2019.723
Abstract: Currently, the direction of most entities is aligned not only with the development of new services or new principles, but also with the highlighting of a new way of approaching the problems as an equivalent of the innovation term that helps to obtain a value contribution, more precisely, of performance. The present paper focuses on deepening the notion of performance, analyzed first and foremost at a general level, and then to include and delimit the concept of financial performance in particular. In this regard, I will consider the details of the essential components of the performance of the company, since the management system of a company cannot use a decision-making tool if it does not have the possibility to measure concrete and relevant the obtained results. At the same time, the paper discusses a classification of the performance as found in the specialized literature, as well as the implications of the accounting policies on it.
Keywords: Global Performance, Social Performance, Organizational Performance, Financial Performance Indicators, Evaluation
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