Financial Performance under the Impact of the Decision to Implement an Organizational Change

Olivia-Roxana Alecsoiu, Maria-Felicia Chirculescu and Andreea Panagoret ()
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Olivia-Roxana Alecsoiu: Faculty of Educational Sciences, Law and Public Administration, Constantin Brâncusi University of Târgu Jiu, 210185 Târgu Jiu, Romania
Maria-Felicia Chirculescu: Faculty of Economics, Constantin Brâncusi University of Târgu Jiu, 210185 Târgu Jiu, Romania
Andreea Panagoret: Faculty of Sciences and Engineering Alexandria, Valahia University of Targoviște, 140003 Alexandria, Romania

Sustainability, 2022, vol. 14, issue 21, 1-25

Abstract: The continued interest in this research topic can be justified by the fact that a direct correlation between financial performance and managerial performance has not yet been reached at the level of an entity in general and implicitly at the level of an energy entity. The assumed objective of the research was to make a theoretical, methodological, and empirical evaluation of the cause-effect relationships between financial performance and managerial performance. Regarding the working instruments for data collection and interpretation, the most commonly used research method was the comparative method used both in the approach of theoretical aspects and during the empirical research carried out. In addition, longitudinal methods were used both by presenting the evolution in time of the concepts debated in the work, as well as by the evolution in time of the performance indicators. At the end of the work, the observation method was used to draw partial conclusions. The results of the research confirm the hypothesis according to which the decision to implement the organizational change at the level of the entity has a significant contribution to the efficiency of the activity, as can be seen from the evolution of the net result.

Keywords: financial performance; organizational change; financial impact; technological change (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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