Economic Indicators Used in the Holistic Management of Ecological Agricultural Entities

Cornel Dumitru Crecanã ()
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Cornel Dumitru Crecanã: The Bucharest University of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2012, vol. 13, issue 5, 811-822

Abstract: The paper begins with a review of theoretical concepts including a conceptual delimitation of the terms Holistic management and sustainable development. Aim of the work is to emphasize the importance of the transition from an economy focused on obtaining maximum profits in a responsible economy, which prioritizes basic maintenance of ecological balance. Under these conditions, economics in general and particularly economic and financial analysis must fundamentally rethink traditional concepts of economic viability and profitability in the economy, by considering the fundamental causes capable of destroying ecosystem restoration capacity. The innovative character of such a theoretical-methodological approach is limited only by the possibility of implementation at the macroeconomic and microeconomic level. It is noteworthy, however, increasing research activities in this field of holistic management and sustainable development, literature study clearly reflects a new direction in the economy, the paradigm shift is expected by all professionals, but was seriously hampered by the financial crisis. Starting from these considerations, I propose in this paper, introducing a some economic indicators for measure the economic viability and economic profitability in the ecological agricultural entities, justifying the need for, and practical possibilities to implement in economic analysis and fiscal management economic entities.

Keywords: holistic management; sustainable development; income tax; fiscal management; shareholder return; profitability; market share (search for similar items in EconPapers)
JEL-codes: M21 M41 O11 O12 Q01 Q51 Q53 Q57 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:13:y:2012:i:5:p:811-822

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