RATES OF RETURN AND THE RELATIVE APPRECIATION OF THE PERFORMANCE

Miron Vasile Cristian Ioachim, Burja Vasile and Dohan Cristina Susana
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Miron Vasile Cristian Ioachim: 1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA, ROMANIA
Burja Vasile: 1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA, ROMANIA
Dohan Cristina Susana: 1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA, ROMANIA

Annals - Economy Series, 2017, vol. 4, 280-285

Abstract: The study of performance through the rates of return represents a complementary approach to performance analysis based on absolute figures, which aims to the completion of the financial performance analyzes of entities. Thus, one of the central objectives of our approach is to put into light some patterns of performance analysis that are as much as possible modern, comprehensive, adaptable and capable of responding to the information requirements of each category of stakeholders. The first part of the analysis regarding the rates of return as performance assessment tools aims at presenting the current state of knowledge in this sphere. The research continues with an empirical analysis based on information from a company that activates in the Romanian energy sector where we present the successive stages proposed for the relative appreciation of the performance. Final results have confirmed the usefulness of the profitability ratios specific for the Du Pont method in the relative analysis of the performance, but also a high dependency between the proposed rates, which in our opinion is a solid premise for an integrated approach to the concept of performance, based both on absolute figures, and also on relative figures.

Keywords: rates of return; performance; Return on Assets (ROA); Return on Equity (ROE); Return on Sales (ROS). (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2017:v:4:p:280-285

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