ECONOMIC PERFORMANCE AND THE ROLE OF STRATEGIC ACCOUNTING IN EU COUNTRIES

Camelia Baesu ()
Additional contact information
Camelia Baesu: Stefan cel Mare University, Suceava, Romania

European Journal of Accounting, Finance & Business, 2023, vol. 11, issue 2, 185-193

Abstract: Performance management and strategic accounting are interlinked, both contributing to long-term organizational objectives. An effective integration of these two areas can give an organization a clearer vision and greater control over performance and strategic direction. These concepts are key to guiding organizations to success by providing a sound basis for decision-making and creating an environment in which employees can contribute effectively and are motivated to achieve their goals. In general, healthy economic performance can lead to increased competitiveness and this can contribute to improved economic performance. Contributing factors may include innovation, quality of human resources, infrastructure, tax and monetary policy, as well as government regulation and access to international markets. In boosting economic performance, innovation plays a key role in generating growth, competitiveness, efficiency and significant improvements in a variety of economic sectors and areas.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.accounting-management.ro/getpdf.php?paperid=32_24 (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:scm:ejafbu:v:11:y:2023:i:2:p:185-193

Access Statistics for this article

European Journal of Accounting, Finance & Business is currently edited by Stefan cel Mare University of Suceava, West University of Timisoara

More articles in European Journal of Accounting, Finance & Business from "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ( this e-mail address is bad, please contact ).