Measurement Indicators of the Value Creation within a company from the Romanian Seaside Hotel Industry
Trandafir Raluca-Andreea () and
Mirea Marioara ()
Additional contact information
Trandafir Raluca-Andreea: Ovidius University of Constanta, Romania, Faculty of Law, Administrative Sciences and Sociology
Mirea Marioara: Ovidius University of Constanta, Romania, Faculty of Economical Sciences
Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 612-616
Abstract:
The purpose of this research is to highlight the role of value creation indicators measuring the financial performance of a hotel company from the Romanian seaside. The value creation indicators are the most appreciated indicators in terms of achieving performance that involve all used resources; these indicators can be adopted for the decentralization of management decisions. In order to highlight the importance of the value creation indicators assessment method, we performed a case study on a representative hotel company that gets positive financial results pursuant to conventional methods, aiming to outline the correlation between the value creation indicators and the traditional methods for performance assessment.
Keywords: value creation indicators; the cash value added; the market value added; the total shareholder return. (search for similar items in EconPapers)
JEL-codes: M40 M41 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins% ... 4%20issue_2_2014.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:ovi:oviste:v:xiv:y:2014:i:2:p:612-616
Access Statistics for this article
Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela
More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().