Economic Efficiency of Real Sector Companies – Nature, Types, Elements, Indicators and Models

Marin Galabov

Economic Studies journal, 2020, issue 5, 28-59

Abstract: This paper includes an introduction, four parts and a conclusion. It presents a survey focused on the economic efficiency of real sector companies, i. e. the companies operating in the segments of production, trading and services.The presented research work is based on the Bulgarian legal framework regulating the elements of economic efficiency of companies and the economic efficiency itself. The elements represent useful results (economic effects) such as net sales revenue, total income, sale and corporate profits and corporate expenses and resources (assets, capital and personnel) employed in their realization.The discussed issue is topical and important as the use of corporate resources and incurred corporate expenses are directly related to the useful results generated through such resources and expenses. So, companies may analyze, plan, control and seek options to optimize their economic efficiency.The presentation of economic efficiency in terms of the Bulgarian legislation is based on information reported in the financial statements and certain accounts of companies. As we know, the Commercial Register is freely accessed, so experts at a given company may study the efficiency of their competitors using data presented in their financial statements published in the said Register. That access allows lecturers, analysts, consultants and other professionals to study the economic efficiency of other companies. They may use the indicators and models presented in this work as well.

JEL-codes: L20 (search for similar items in EconPapers)
Date: 2020
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