Economics at your fingertips  

The Concept of Performance in Determining Annual Financial Result

Silvia Simionescu ()
Additional contact information
Silvia Simionescu: Faculty of Juridical Economics and Administrative Sciences Craiova Spiru Haret University Romania, Postal: RO

Journal of Advanced Research in Management, 2016, vol. 7, issue 1, 43-49

Abstract: It often speaks of performance But it is known meaning that concept We note that despite the abundance of uses performance is rarely defined even in situations where it is the central object of study Moreover neither the origin of this concept is not widely presented The meaning of the concept of performance has changed over time He is a polysemous term with various meanings depending on the areas where it is used This explains why we speak of economic performance economic and financial performance and financial performance The concept of performance of the company is based on the theory of the stakeholders Managers can not maximize firm value ignoring the interests of the social partners shareholders employees creditors suppliers customers state etc From the perspective of the enterprise these interests may be contradictory which may give rise to conflicts within the organization adversely affecting financial results

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:

Access Statistics for this article

Journal of Advanced Research in Management is currently edited by Andy ȘTEFĂNESCU

More articles in Journal of Advanced Research in Management from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).

Page updated 2022-06-19
Handle: RePEc:srs:jarm00:v:7:y:2016:i:1:p:43-49