What do we mean by "company performance"?

Claudiu Marian Gruian
Additional contact information
Claudiu Marian Gruian: West University of Timişoara

Annals - Economy Series, 2010, vol. 4.I, 243-255

Abstract: This article examines existing approaches in the Romanian and foreign academic literature concerning the concept of company performance. It demonstrates that this concept is used very often but rarely defined and not sufficiently understood. Most studies go to performance measurement and improvement without further theoretic explanation and clarification. After analyzing the existing opinions the article mostly clarifies the significance of microeconomic performance, and other related concepts: productivity, efficiency, effectiveness, profitability and identifies the links between them. It recommends a common understanding of these concepts and all other concepts used in economics to give more precision and rigor to field science and avoid any ambiguity. For some terms it is yet difficult to unify the various contributions of authors because sometimes these are contradictory. Thus some authors may still use different approaches.

Keywords: Company performance; productivity; efficiency; effectiveness; profitability (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.utgjiu.ro/revista/ec/pdf/2010-04.I/24_CLAUDIU_MARIAN_GRUIAN.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2010:v:4.i:p:243-255

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).