Статті в журналах з теми "Non-financial performance indicators"
Щоб переглянути інші типи публікацій з цієї теми, перейдіть за посиланням: Non-financial performance indicators.
Оформте джерело за APA, MLA, Chicago, Harvard та іншими стилями
Ознайомтеся з топ-50 статей у журналах для дослідження на тему "Non-financial performance indicators".
Біля кожної праці в переліку літератури доступна кнопка «Додати до бібліографії». Скористайтеся нею – і ми автоматично оформимо бібліографічне посилання на обрану працю в потрібному вам стилі цитування: APA, MLA, «Гарвард», «Чикаго», «Ванкувер» тощо.
Також ви можете завантажити повний текст наукової публікації у форматі «.pdf» та прочитати онлайн анотацію до роботи, якщо відповідні параметри наявні в метаданих.
Переглядайте статті в журналах для різних дисциплін та оформлюйте правильно вашу бібліографію.
1
Guthrie, James, and Ruth Neumann. "Economic and non-financial performance indicators in universities." Public Management Review 9, no. 2 (June 2007): 231–52. http://dx.doi.org/10.1080/14719030701340390.
Повний текст джерела
2
Coram, Paul J., Theodore J. Mock, and Gary S. Monroe. "Financial analysts' evaluation of enhanced disclosure of non-financial performance indicators." British Accounting Review 43, no. 2 (June 2011): 87–101. http://dx.doi.org/10.1016/j.bar.2011.02.001.
Повний текст джерела
3
Kotane, Inta. "USE OF FINANCIAL AND NON-FINANCIAL INDICATORS IN EVALUATION OF COMPANY’S PERFORMANCE." CBU International Conference Proceedings 3 (September 19, 2015): 224–33. http://dx.doi.org/10.12955/cbup.v3.605.
Повний текст джерелаАнотація:
Dimensions for the measurement of the company’s performance include financial and non-financial indicators. Many authors have carried out researches on financial and non-financial indicators, though the problems of their practical application exist, since there is no single united approach for measurement and assessment of both financial and non-financial indicators. This research is based on the former theoretical and practical researches by the author on the application of the financial and non-financial indicators to measure the company’s performance.The aim of this research was to develop a model for the small companies’ performance evaluation, based on the opinions of the owners, managers, and top executives of the small companies in Latvia. The Internet survey was used as a research method, applying a simple random sampling. The results of the research indicated that there are 17 indicators, including 10 financial and 7 non-financial indicators, which could be used for the evaluation of the small companies’ performance and for modelling the company’s net turnover.
4
Kountur, Ronny, and Lady Aprilia. "A Factor Analysis of Corporate Financial Performance: Prospect for New Dimension." ACRN Journal of Finance and Risk Perspectives 9, no. 1 (2020): 113–19. http://dx.doi.org/10.35944/jofrp.2020.9.1.009.
Повний текст джерелаАнотація:
This study aims to find the dimensions of financial indicators where both ratio and non-ratio indicators are accommodated. It is expected that the new dimensions of financial indicators be found. Both Exploratory and Confirmatory Factor Analysis is used in analyzing the data. Data are taken from 120 companies listed in Indonesian Stock Exchange (IDX). Twenty financial indicators from the financial reports of each company are identified. While it has been a common practice to use ratio in indicating financial performance, it is not common to use an individual value from financial statements as financial indicators. This study shows that financial indicators can be grouped into four dimensions; they are Operational Performance, Asset-Income Performance, Owner Returns Performance and Leverage Performance. All of the non-ratio indicators that are expressed in the amount are grouped in the Asset-Income Performance dimension. New dimensions of financial performance indicators that do not commonly exist in this study, they are Asset-Income, and Leverage Performance. With the new dimension, non-financial performances such as customer satisfaction, corporate social responsibility, reputation, nepotism, and professionalism may be detected.
5
Kumar, Nripendra, and Kunal K. Ganguly. "Non-financial e-procurement performance measures." International Journal of Productivity and Performance Management 70, no. 1 (March 10, 2020): 41–64. http://dx.doi.org/10.1108/ijppm-07-2019-0353.
Повний текст джерелаАнотація:
PurposeThe purpose of this research paper is to identify the non-financial e-procurement performance measures and find out whether these non-financial performance measures are leading indicator of impact on firm financial performance by adoption of e-procurement in terms of reduction in production cost.Design/methodology/approachThe research model has been tested with the data collected from target procurement professionals in India. Structural equation modelling has been used for testing conceptual model hypotheses including mediation. The phantom model approach for testing multiple mediators has deployed.FindingsThe present empirical study found that non-financial performance measure of e-procurement, namely, transparency, coordination, efficiency and effectiveness are leading indicators of the impact of e-procurement adoption on production cost. This paper suggests that managers should try to design the e-procurement platform or opt for third party platform which reduces transaction cost to a minimum for enhanced coordination, work on transparency policy with maximum disclosure of information for enhanced transparency and ask for a fast and responsive system for enhanced efficiency and effectiveness.Originality/valueThis study, first time, attempted to identify non-financial performance measures of e-procurement and tried to understand how these intermediate non-financial performance measures impact the firm financial performance. The interdependence of non-financial performance measures has also been explored, and the research model has been developed to empirically examine the interdependence of these financial measures and its impact on production cost.
6
Kotane, Inta. "Evaluating the importance of financial and non-financial indicators for the evaluation of company’s performance." Management Theory and Studies for Rural Business and Infrastructure Development 37, no. 1 (March 23, 2015): 80–94. http://dx.doi.org/10.15544/mts.2015.08.
Повний текст джерелаАнотація:
The topicality of the research is determined by the studies on financial and non-financial indicators by many authors, although there are difficulties in their practical use since there is no united approach in the measurement and evaluation of both financial and non-financial indicators. The current research is based on the earlier theoretical studies by the author on the use of the financial and non-financial indicators in the evaluation of the company’s performance; as a result of the previous research the groups of the financial and non-financial indicators were established and later on used in the practical research by the author. The aim of the research is to assess the importance of the financial and non-financial indicators in accordance with the opinions of the Latvian business persons and top-level officials of the Latvian companies. The research methods used in the research: information analysis and synthesis, logically constructive method, methods of data classification, comparative method, factor analysis and clustering methods. The results of the research demonstrate that the majority of the respondents find the financial indicators to be moderately important or very important, but the non-financial indicators- highly important. It could be concluded that the non-financial indicators are evaluated higher than the financial indicators, which confirms the necessity to use the non-financial indicators in the evaluation of the company’s performance.
7
Yudhaningsih, Ni Made, and Anak Agung Elik Astari. "LITERATUR REVIEW KINERJA ORGANISASI KINERJA FINANCIAL DAN NON FINANCIAL." Jurnal Ilmiah Satyagraha 3, no. 2 (August 20, 2020): 127–39. http://dx.doi.org/10.47532/jis.v3i2.176.
Повний текст джерелаАнотація:
Some previous studies that improve performance use different indicators or dimensions and to date cannot be improved. Literature reviews are made to review organizational resolutions rather than prior research, evaluating, categorizing, and analyzing critical instruments used to improve organizational performance. After considering the literature on new product sizes, ask for three dimensions to determine the level of new products, namely financial criteria, customer criteria and opportunity criteria.
8
Bogicevic, Jasmina, Violeta Domanovic, and Bojan Krstic. "The role of financial and non-financial performance indicators in enterprise sustainability evaluation." Ekonomika 62, no. 3 (2016): 1–13. http://dx.doi.org/10.5937/ekonomika1603001b.
Повний текст джерела
9
Dokulil, Jiří, Boris Popesko, and Kateřina Kadalová. "Impact of Non-financial Performance Indicators on Planning Process Efficiency." International Advances in Economic Research 27, no. 4 (November 2021): 329–31. http://dx.doi.org/10.1007/s11294-022-09836-9.
Повний текст джерела
10
Mutiarni, Rita, Ubud Salim, Eko Ganis Sukoharsono, and Mintarti Rahayu. "NEW OUTLOOK FOR SHARIA COOPERATIVE PERFORMANCE MEASUREMENT IN INDONESIA." Eksis: Jurnal Riset Ekonomi dan Bisnis 16, no. 2 (June 30, 2022): 83–92. http://dx.doi.org/10.26533/eksis.v16i2.962.
Повний текст джерелаАнотація:
Cooperatives are one of the supporters of the economy in Indonesia, but unfortunately, so far the development of cooperatives in Indonesia, especially sharia cooperatives, is still not good. This is based on a report issued by the office of cooperatives and micro, small and medium enterprises in Indonesia which states that the development of cooperatives in Indonesia is still slow. This can be seen from the financial statements of cooperatives which are used as indicators by the government to measure the performance of cooperatives, especially sharia cooperatives. This paper provides a new perspective to measure the performance of cooperatives, not only from financial indicators but also from non-financial indicators. This is because cooperatives are not purely business organizations to seek profit from their business activities, but also have a social mission for the stakeholders in the cooperative.
Keywords: new outlook, measurement, cooperative, sharia, non-financial indicator.
11
Kotāne, Inta. "THE ASSESSMENT OF FINANCIAL AND NON-FINANCIAL INDICATORS IN EVALUATING THE PERFORMANCE OF A COMPANY." Latgale National Economy Research 1, no. 5 (October 21, 2013): 129. http://dx.doi.org/10.17770/lner2013vol1.5.1156.
Повний текст джерелаАнотація:
In this article the findings of a survey of entrepreneurs’ viewpoint are collected. It is carried out with an aim of clarifying the importance of financial and non-financial indicators in evaluating the performance of a company as well as the factors that influence the impartiality of financial and non-financial indicators and the factors that interfere with financial and non-financial analysis of a company. The topicality of this research is based on the reason that many authors have carried out research into the systems of financial and non-financial indicators. However, the arising issues are connected with the practical application because of the lack of unified approach to identifying, classifying, measuring and evaluating indicators of financial activities. This research is based on preceding theoretical work about the uses of financial and non-financial indicators in evaluating the performance of the company. The aim of this research is to carry out assessment of the importance of financial and non-financial indicators in evaluating the performance of the company, using the opinion of Latvian entrepreneurs. For this research we used method of online survey, using simple random selection or the method of real random selection.
12
Karcagi-Kováts, Andrea. "Performance indicators in CSR and sustainability reports in Hungary." Applied Studies in Agribusiness and Commerce 6, no. 3-4 (November 30, 2012): 137–42. http://dx.doi.org/10.19041/apstract/2012/3-4/20.
Повний текст джерелаАнотація:
Corporate Social Responsibility (CSR) or Corporate Sustainability reporting is a relatively new phenomenon in Hungary. As the external pressure from the civil society, public authorities and the media has so far been fairly low, this important corporate activity emerged only at the beginning of the last decade. In spite of this, several pioneering companies have started to publish information on its environmental and social performance in recent years. CSR and sustainability reports are seen increasingly as strategic documents that offer a balanced, objective, and comprehensive assessment of a firm’s non-financial performance. In 2008 and 2009, more than a third of the 100 largest companies reported on their non-financial results (most of them were GRI based reports). In 2010, sixty-one organisations published a report about their non- financial performance, and 22 of these for only the first time. The aim of this paper is to present recent attempts to use indicators in CSR and sustainability reports. On the basis of a detailed review of 70 CSR/sustainability reports published during the last 9 years in Hungary, an analysis was made on the performance indicators appearing in the reports. The motivations of indicator selection processes was analysed and the intended roles of indicator set in communication and strategy design was presented. The significance of and limits to the proposed indicators was discussed.
13
Krasodomska, Joanna, and Ewelina Zarzycka. "Non-financial key performance indicators: regulations and guidelines versus business practice." Zeszyty Teoretyczne Rachunkowości 108, no. 164 (September 21, 2020): 115–32. http://dx.doi.org/10.5604/01.3001.0014.3598.
Повний текст джерелаАнотація:
According to Directive 2014/95/EU, large public interest entities (PIEs) must disclose, i.a., a description of their business model, policies regarding environmental, social and employee matters, as well as non- financial key performance indicators (KPIs). The aim of the paper is to identify the practices of large PIEs operating in Poland as regards non-financial KPIs disclosures and to recognize any regularities among them. Our sample consists of 169 public companies that are required to provide non-financial dis-closures according to the Act on Accounting. The data was hand-collected from non-financial statements (reports) in 2019. The main research method is content analysis. The data was examined using cluster analysis. Research findings indicate that although companies present KPIs in a very diverse way, some regularities can be observed. Two groups of PIEs have been identified: (1) those that reveal KPIs on oper-ational and social activities, and (2) those that report environmental and employee indicators. Further analysis made it possible to identify companies that focus on reporting KPIs on (1) the environment, (2) operating activities, and (3) with generally moderate disclosure levels of non-financial KPIs in operational, environ-mental, and social areas. The results of the research increase knowledge in the field of reporting of non-financial information by large PIEs and are of practical importance for companies themselves, as well as for institutions and organizations which deal with corporate reporting in Poland.
14
Budarin, S. S. "Analysis of the relationship between financial and non-financial performance indicators of medical organizations." Healthcare Management: News. Views. Education. Bulletin of VSHOUZ 8, no. 2 (2022): 84–93. http://dx.doi.org/10.33029/2411-8621-2022-8-2-84-93.
Повний текст джерела
15
Arbugeri, Margarete, Maria Emilia Camargo, Antonio Jorge Fernandes, Maria Elisabeth Pereira, and Isadora Arbugeri Menegotto. "Dimensions for the Non-Financial Indicators Metric for Production Chains." International Journal for Innovation Education and Research 9, no. 1 (January 1, 2021): 506–16. http://dx.doi.org/10.31686/ijier.vol9.iss1.2920.
Повний текст джерелаАнотація:
There's an apparent gap as in understanding how organizations measure performance. This gap is due to the nature and complexityof the Business Structure and the extent of the owner-managers who are willing to participate in the research process. Throughout the same argument, organizations within each link of the production chains do not have the understanding oftheir performance and how they should bemeasured. In order to investigate and ter a better understanding of the performance of the links this research aims to contribute to the definition of the dimmenseitieséthat are necessary to make up the mis trica of non-financial indicators for the measurementçãof the sustainability of the main andauxiliary production chains. Qualitative andin-depth convergent interview techniques are adopted with 5 managers of organizations of the vitiviní cola chainandwho work at the internationallevel. After collecting and analyzing the content of the metric, we seek to continue the studies by defining the variables that will compose each dimension. It was found that the metric should be composed of the following dimensions: environmental, social, economic, cooperation and trust.
16
Ibrahimi, Mohammed, and Siham Naym. "The contingency of performance measurement systems in Moroccan public institutions and enterprises." Meditari Accountancy Research 27, no. 4 (August 5, 2019): 613–32. http://dx.doi.org/10.1108/medar-05-2018-0336.
Повний текст джерелаАнотація:
Purpose In the framework of contingency theory, this paper aims to study the contextual variables that influence the variety of the contents of a performance measurement system, specifically the use of non-financial indicators in Moroccan public institutions and enterprises (MPIE). Design/methodology/approach Aiming to study the factors which influence the use of financial and non-financial indicators within MPIEs, the authors attempted to identify all performance indicators used by the MPIEs in the sample. They selected 23 MPIEs with an industrial and commercial character and analyzed their reports for the period from 2010 to 2015. To evaluate the variety of performance indicators within these organizations, they used the multi-dimensional definition of performance recommended by Kaplan and Norton (1998) and used linear regressions to explain their relationship with the contextual variables. Findings Three hypotheses were developed regarding these contingency factors, predicting a positive relationship between the age, the size and the competitive environment of the organization, on one hand, and the use of non-financial indicators on the other hand. Following the study of MPIEs, the authors found that these organizations normally use financial indicators. However, the use of non-financial indicators is influenced by the age of the organization alone. Originality/value The scientific contribution of this paper is twofold: first, the authors seek to fill the gap in studies of performance measurement systems for MPIEs; second, they wish to enrich the scientific literature for underdeveloped countries which suffer from lack of data. Its managerial contribution is also dual: first, the authors aim to provide managers of MPIEs with a clearer understanding of non-financial measures that fully address the different management needs of their organizations; second, they encourage the government control using non-financial aspects alongside financial aspects.
17
Asghar, Bilal, Ahmad Wasim, Usama Qazi, and Azfar Rasool. "Financial and Non-Financial Practices Driving Sustainable Firm Performance: Evidence from Banking Sector of Developing Countries." Sustainability 12, no. 15 (July 31, 2020): 6164. http://dx.doi.org/10.3390/su12156164.
Повний текст джерелаАнотація:
Since independence, state-owned enterprises in Pakistan have been struggling for performance enhancement. The goal of sustainable performance is still unachievable. Therefore, the paper evaluates sustainable corporate performance based on financial, social, and environmental performance areas. The organizational restructuring framework for sustainable performance enhancement is developed on software PLS-SEM. The financial and economic performance (FEP) was evaluated through financial reports and surveys; however, social and environmental performances (SEP) were quantified through survey questionnaires for seven performance areas with multiple sub factors, based on Weisbord’s six box model. The study time period in focus is 2011 to 2015. Data was collected from 517 employees of 19 public, private, and privatized banks of Pakistan. The results demonstrate that the total effect of FEP and SEP is much stronger (t-value = 7.619) than the individual direct impact of FEP (t-value = 5.189) on sustainable firm performance (SFP). This is a clear indication of the mediating role of SEP for SFP evaluation. Furthermore, FEP depends on significant indicators include net assets, total deposits, profit before tax, and earnings per share of total deposits with outer loadings, which are given as 0.995, 0.992, 0.978, and 0.954, respectively. Moreover, SEP depends on indicators, i.e., reward policies, redefining organizational purpose, coordination mechanism among employees, and supervisor relationships, with correlations of 0.864, 0.849, 0.805, and 0.761, respectively. The framework will assist in the enhancement of the performance of economically unviable public and loss-making privatized entities.
18
Ban, Adrian Ioan, Olimpia Iuliana Ban, Victoria Bogdan, Diana Claudia Sabau Popa, and Delia Tuse. "PERFORMANCE EVALUATION MODEL OF ROMANIAN MANUFACTURING LISTED COMPANIES BY FUZZY AHP AND TOPSIS." Technological and Economic Development of Economy 26, no. 4 (April 16, 2020): 808–36. http://dx.doi.org/10.3846/tede.2020.12367.
Повний текст джерелаАнотація:
We are interested in the hierarchy of the main Romanian companies in the manufacturing industry by considering eight financial and seven non-financial indicators. Thirty three listed companies, that are non-financial institutions, were selected for the study and in order to control the reliability of the data we used the Bucharest Stock Exchange database, official data published by the Romanian Ministry of Public Finance, and the annual reports released by the companies on their websites, collecting information for the years 2011–2015. Because the human thinking is subjective and ambiguous we prefer linguistic variables, converted afterwards in triangular fuzzy numbers, to represent the importance of indicators. Our method involves the calculation of the weights of individual or categories of indicators based on Fuzzy Analytic Hierarchy Process. Then, the level of performance for each company, separately for financial, non-financial and all indicators is obtained by TOPSIS method. We deduce an objective hierarchy of the companies on a rigorous basis, which is however dependent from the choice of indicators and the conversion scale of linguistic variables into triangular fuzzy numbers. Also, following the obtained results we concluded that the overall performance of companies for the analyzed period is significantly influenced by non-financial indicators.
19
Maulana, Wahyu. "IMPLEMENTATION OF PEARLS ANALYSIS TO MEASURE THE FINANCIAL PERFORMANCE OF COOPERATIVES." INDONESIAN JOURNAL OF ACCOUNTING AND GOVERNANCE 5, no. 2 (January 23, 2022): 59–88. http://dx.doi.org/10.36766/ijag.v5i2.230.
Повний текст джерелаАнотація:
This study aims to determine the financial performance of cooperatives using PEARLS analysis. The data sources used are secondary data sources in the form of financial reports from 2017 to 2019 and non-financial reports in the form of data on the number of members. The results showed that the cooperative's financial performance on variable P showed a non-ideal performance; variable E shows indicators E1 and E5 are not ideal, E6 is less than ideal and E9 is ideal; variable A shows non-ideal performance; Variable R shows indicators R9 is not ideal and R12 is ideal; variable L indicates the category is not ideal; and the S variable shows that S10 is not ideal and S11 is less than ideal. From the analysis of PEARLS indicate that the performance of cooperatives in a state which is not good because of the 13 indicators studied, only three indicators that show the ideal categories while the 8 indicators are always in a state which is not ideal and the two other indicators simply ideal in a given year
20
Azadeh, A., A. Roohani, and S. Motevali Haghighi. "Performance optimization of gas refineries by ANN and DEA based on financial and operational factors." World Journal of Engineering 12, no. 2 (April 1, 2015): 109–34. http://dx.doi.org/10.1260/1708-5284.12.2.109.
Повний текст джерелаАнотація:
This study presents a combined artificial neural network (ANN) and multivariate approach for performance evaluation and optimization of gas refineries. This study introduces standard financial and non-financial indicators for performance evaluation of the gas refineries. Data are collected from gas balance sheets and the detailed statistics of gas refineries. Two cases have been considered for performance evaluation. In the first case the financial indicators and in the second case the financial and non-financial indicators are used and tested over five years period. The refineries are evaluated by data envelopment analysis (DEA), principal component analysis (PCA), numerical taxonomy and artificial neural network (ANN). Finally, a complete sensitivity analysis is performed for each stated method. The results show that DEA is more resistant to noise than other methods. Also, there is slight difference between results of financial and combined financial and operational indicators. This suggests the use of combined financial and operational indicators for future practical studies in gas refineries. This is the first study that presents an integrated approach for combined performance of financial and operational indicators in gas refineries.
21
Costea, Adrian. "Classifying non-banking financial institutions based on their financial performance." Proceedings of the International Conference on Applied Statistics 1, no. 1 (October 1, 2019): 185–93. http://dx.doi.org/10.2478/icas-2019-0016.
Повний текст джерелаАнотація:
Abstract In this paper we evaluate comparatively the performance of non-banking financial institutions in Romania by the means of unsupervised neural networks in terms of Kohonen’ Self-Organizing Maps algorithm. We create a benchmarking model in the form of a two-dimensional map (a self-organizing map) that can be used to assess visually the performance of non-banking financial institutions based on different performance dimensions, such as capital adequacy, assets’ quality and profitability. We use the following indicators: Equity ratio (Leverage) for the capital adequacy dimension, Loans granted to clients (net value) / total assets (net value) for the assets’ quality dimension and Return on assets (ROA) for the profitability dimension. We have excluded from our analysis the other three dimensions used in evaluating the performance of banks, due to lack of data (for the two qualitative dimensions: quality of ownership and management) and irrelevance with the NFIs’ sector (liquidity). The proposed model is based on the Self-Organising Map algorithm which creates a two-dimensional map (e.g. 6x4 = 24 neurons) from p-dimensional input data. The data were collected for eleven non-banking financial institutions for four years 2007-2010, in total 44 observations. Using the visualization capabilities of the Self-Organising Map model and the trajectories we show the movements of the three non-banking financial institutions with the worst performance: the largest underperformer denoted with X, the second largest underperformer denoted with Y and the third largest underperformer denoted with Z between 2007 and 2010.
22
Grah, Petra, Vesna Čančer, and Borut Bratina. "Performance Indicators of Management Buyouts Using the Analytic Hierarchy Process Method." Organizacija 51, no. 3 (August 1, 2018): 169–84. http://dx.doi.org/10.2478/orga-2018-0014.
Повний текст джерелаАнотація:
AbstractBackground and Purpose: In Slovenia, few management buyout (MBO) studies have been carried out. The focus was mostly on the motives for acquisition of companies and the success rate of the acquisitions. This paper aims to analyse the indicators which suggest an impending bankruptcy or financial restructuring of companies and explore how these indicators are different for successful and unsuccessful MBOs.Methodology: In the survey, we included 23 selected MBOs in Slovenia between 2005 and 2008, using the following financial and non-financial indicators: profitability, performance, solvency and liquidity, using the analytic hierarchy process method. The key aim of the survey was to use financial and non-financial indicators to study if target companies where bankruptcy or financial restructuring has not yet been initiated prevalently have higher aggregate values compared to those in which bankruptcy or financial restructuring procedures have already begun. Thus, we used the selected indicators to demonstrate one of the possible methods to predict the success of a particular MBO.Results: We found that in most examples of unsuccessful MBOs, target companies have poorer results in terms of performance, solvency and liquidity, when compared to successful MBOs. Based on the selected areas, we divided the results into four quarters. We found that most target companies where MBOs had been unsuccessful are ranked in a lower quarter than most of the target companies where the MBOs had been successful.Conclusion: The papers main contribution is the finding that the selected financial and non-financial indicators differ in cases of successful and unsuccessful MBOs. This knowledge helps us to find ways of avoiding these situations in the future.
23
Antunes, Marina Godinho, Joaquín Texeira Quirós, and Maria do Rosáirio Texeira Fernandes Justino. "Role of Management Control Systems in Quality, Innovation and Organizational Performance in Portugal SMES Companies." International Journal of Innovation and Technology Management 15, no. 02 (April 2018): 1850014. http://dx.doi.org/10.1142/s0219877018500141.
Повний текст джерелаАнотація:
The purpose of this research is to analyze the relationship between management control systems, total quality management (TQM) and innovation, and also the effects of management control systems in the organizational performance. The research was developed based on a conceptual model designed to analyze these dimensions. The data were obtained through an online questionnaire, sent to small and medium-sized Portuguese companies, having been conducted the study based on responses received from 287 valid questionnaires, and using a multivariate statistical analysis for the statistical development. The findings indicate that non-financial indicators provide innovation strategies of products and processes. However, the financial indicators only provide the innovation strategies of processes. It is also verified that only non-financial indicators provide equally the implementation of TQM practices. The results also show that financial indicators only provide an improvement in the financial results of the organization, while the non-financial indicators also improve its operational performance.
24
Kien Phan, Trung, Thi Hong Thuy Nguyen, Thu Ha Dang, Van Thuan Tran, and Kim Ngoc Le. "Non-financial factors affecting the operational performance of hospitality companies: Evidence from Vietnam." Problems and Perspectives in Management 19, no. 4 (October 12, 2021): 48–62. http://dx.doi.org/10.21511/ppm.19(4).2021.05.
Повний текст джерелаАнотація:
Non-financial factors including quality of services, the flexibility of a company, utilization of resources, and market orientation are regarded as significant determinants that enhance the profitability-based performance of a service company or a hotel. The study investigated the interaction between these factors and hotel operating performance measured by the hospitality performance and results indicators. Data on 346 executives of Vietnam’s hospitality companies were collected. A structural equation modeling (SEM) method was utilized to examine the positive-direct and moderating effects of non-financial factors on hotel performance in terms of occupancy rate (OCR), average daily rate (ADR), and the revenue per available room (RevPAR). The findings showed that service quality ( = 0.118, p < 0.05), flexibility ( = 0.173, p < 0.05) and resource utilization (= 0.172, p < 0.05) positively affected the performance of Vietnam’s hospitality companies. Meanwhile, innovation showed no direct influence (p = 0.068) but an indirect impact on the performance through service quality ( = 0.311, p < 0.05). Market orientation did not impact the performance (p = 0.076) but it positively affected both innovation ( = 0.322, p < 0.05) and service quality ( = 0.146, p < 0.05). The study contributed to a theoretical enhancement of the current level of knowledge on the factors that affect the performance and developed a reliable scale for measuring the performance of hotels in Vietnam.
25
Shevchuk, Nataliia. "Integrated Reporting in Natural Capital Management." Oblik i finansi, no. 1(95) (2022): 32–41. http://dx.doi.org/10.33146/2307-9878-2022-1(95)-32-41.
Повний текст джерелаАнотація:
In recent decades, society has faced large-scale natural and social problems and therefore demand greater responsibility from enterprises in using natural resources. The purpose of the article is to substantiate the prospects for the development of integrated reporting to ensure the formation of reliable information for the management of natural capital. The practice of formation and disclosure of financial and non-financial information by the largest agricultural enterprises of Ukraine was assessed. The study shows that Ukrainian enterprises are actively introducing the preparation of non-financial and integrated reporting into their accounting practice; such reports are freely available on the company's website. However, the format of non-financial and integrated reporting is different for different agricultural enterprises, which indicates the use of an individual approach to the disclosure of information in reports. The system of indicators for assessing the cost of natural resources was substantiated. The basis for the reflection of natural capital in integrated reporting was determined due to non-financial indicators that form the value of natural capital of agricultural enterprises. In particular, the system of non-financial indicators for assessing the natural capital of agricultural enterprises includes indicators for assessing agrarian land and indicators of the ecological state of natural capital. It has been proven that a balanced scorecard (financial, qualitative, quantitative, analytical and management performance indicators) forms a general idea of the natural capital of an enterprise and is the basis for determining the overall assessment of natural capital in monetary terms. Each indicator has its own economic content and an objective basis and directly impacts the final integrated general indicator of the cost of the enterprise's natural capital.
26
Kouki, Ahmed. "Joint impact of ERP systems and non financial performance indicators on corporate financial performance: Evidence from French listed companies." Management Science Letters 5, no. 1 (2015): 1–10. http://dx.doi.org/10.5267/j.msl.2014.12.004.
Повний текст джерела
27
Dainelli, Francesco, and Francesco Giunta. "The value relevance of non-financial performance indicators: new cues from the European fashion industry." FINANCIAL REPORTING, no. 3 (October 2011): 81–102. http://dx.doi.org/10.3280/fr2011-su003005.
Повний текст джерелаАнотація:
Intangible assets and related performance measures assume increasing importance in valuation processes. Value relevance studies testify to their importance through an analysis of market stock prices. We aim to examine the value relevance of non-financial indicators in European fashion companies. The indicator selected is the "change in mono-brand stores". Applying the models proposed by current literature, we have refuted the value relevance hypothesis. However, refining both the "operationalization" of the concepts and the related result analysis procedure, the value relevance is confirmed. In this way, we contribute to increasing the generalizability of this research trend and to fuel the debate concerning the standardization process of this information. In particular, following in the footsteps of the Gartner/EBRC project, supported by AICPA (Gartner-EBRC, 2010), our results can help the national and international standard setters to pinpoint the indicators that really matter for the fashion industry and standardize their communication.
28
Daňo, Matej, Natália Horňáková, Helena Vidová, and Sebastian Saniuk. "A Company Level Performance Measurement through the Evaluation of Production Processes Performance." Applied Mechanics and Materials 708 (December 2014): 233–38. http://dx.doi.org/10.4028/www.scientific.net/amm.708.233.
Повний текст джерелаАнотація:
The presented paper is aimed at assessing the level of performance through an industrial company endpoints indicators, in which the efficiency and performance of business processes is transformed to. The paper describes the concept of company performance based on theoretical knowledge of authors from Slovakia as well as developed economies. It also provides concrete examples of financial and non-financial indicators and informs professionals and general public with a number of additional indicators. Likewise the paper characterizes most famous concepts of measurement and management of company performance based on results of a survey which was conducted by the Institute of Industrial Engineering and Management MTF STU in Trnava, as a part of the research project VEGA No. 1/0787 / 12th. Authors attach great importance to measure the process performance as an important part of performance measurement of an industrial company. They introduce the procedures for measuring the manufacturing processes, whole range of specific performance indicators of production processes as well as different methods of measuring the performance of production processes and the company as a whole unit. The level of significance is designed for each proposed indicator and measurement result consists of value reflecting the overall company performance (various departments), which can be used as a benchmark for individual departments or plants within a particular multinational group.
29
Raucci, Domenico, and Lara Tarquinio. "Sustainability Performance Indicators and Non-Financial Information Reporting. Evidence from the Italian Case." Administrative Sciences 10, no. 1 (February 26, 2020): 13. http://dx.doi.org/10.3390/admsci10010013.
Повний текст джерелаАнотація:
Non-financial reporting is a growing topic, and the adoption of the EU Directive 2014/95/EU on non-financial information (NFI) is increasing the use of this reporting. One of the most distinctive elements of guidelines and standards that are widely used to draw-up reports on NFI is sustainability performance indicators (SPIs). SPIs can provide a significant value-added to non-financial corporate communication, and they are useful tools to support internal decision-making processes. The purpose of this study is to examine the effects produced on SPIs disclosure by the entry into force of the Italian Decree implementing the Directive on NFI. Content analysis method is used to analyze indicators disclosed by Italian companies before and after the adoption of the Decree. Findings show that each category of SPIs was largely used by the companies of our 2012 sample, but a reduction of the quantity of indicators disclosed was documented in 2017. Therefore, after the introduction of mandatory disclosure of NFI, companies seem to focus only on indicators considered more “relevant” according to the Directive. This research represents one of the preliminary analysis on the adoption of the Directive in Italy and on its first effects on NFI reporting practices.
30
Hongming, Xie, Bilal Ahmed, Arif Hussain, Alam Rehman, Irfan Ullah, and Farman Ullah Khan. "Sustainability Reporting and Firm Performance: The Demonstration of Pakistani Firms." SAGE Open 10, no. 3 (July 2020): 215824402095318. http://dx.doi.org/10.1177/2158244020953180.
Повний текст джерелаАнотація:
The nexus between sustainability and firm performance is an area of debate among researchers and academicians. The objective of this study is to examine the level and extent of sustainable financial reporting for non-financial firms in Pakistan and to assess the level of the impact of sustainable financial reporting on firm performance in Pakistan. This study is a novel research work as the sustainability practices are not mandatory in many Pakistani firms. Rather kinds of mix sustainability reporting practices are being practiced. The dilemma still exists whether sustainability practices affect the performance of Pakistani firms positively or not. We collect data from the sustainability reports as well as annual reports of 50 non-financial public limited companies listed in Pakistan Stock Exchange for the period 2013 to 2017. We calculate sustainability reporting index using content analysis procedure based on 42 indicators. The index is based on three subindices, namely, environmental, health and safety, and social indicators. We apply two regression models with a view to ascertain the individual effect of each indicator of the sustainability as well as the composite effect of sustainability reporting index on firm performance. The results confirm positive effects of all three individual indicators as well as the composite form of sustainability reporting index on firm performance. The findings of the study clearly outline the economic relevance for introducing the corporate sustainability reporting practices in corporate strategy.
31
Velte, Patrick. "Sustainable management compensation and ESG performance – the German case." Problems and Perspectives in Management 14, no. 4 (December 14, 2016): 17–24. http://dx.doi.org/10.21511/ppm.14(4).2016.02.
Повний текст джерелаАнотація:
This paper takes a closer look at sustainable management compensation and the impacton environmental, social and governance (ESG) performance in the German two tier system. The empirical quantitative study covers a sample selection of German companies listed on the Prime Standard of the Frankfurt Stock Exchange (DAX30, TecDAX, MDAX, SDAX) for the business years 2010-2014 (677 firm-year observations). In order to determine a possible link between nonfinancial indicators of management compensation and ESG performance, a correlation and regression analysis is carried out. On the basis of multiple regressions, non-financial elements (social or environmental aspects) in the management board compensation positively influence ESG performance, as determined by the Asset Four database of Thomson Reuters. This analysis is the first empirical study focusing on a connection between sustainable management board compensation, taking into consideration non-financial aspects, and ESG performance in the German two tier system. Not only users, but also public policy are affected by the findings indicating that national and European regulations on compensation could greatly influence future CSR performance and market reactions. Keywords: ESG performance, stakeholder management, sustainable compensation, corporate governance, management board, non-financial performance indicators. JEL Classification: M40
32
Aras, Guler, Nuray Tezcan, and Ozlem Kutlu Furtuna. "Comprehensive evaluation of the financial performance for intermediary institutions based on multi-criteria decision making method." Journal of Capital Markets Studies 2, no. 1 (July 9, 2018): 37–49. http://dx.doi.org/10.1108/jcms-04-2018-0013.
Повний текст джерелаАнотація:
Purpose The purpose of this paper is to assess the financial performance of the intermediary institutions that have operated in the Turkish capital markets taking the issue of bank-origin and non-bank-origin institutions into account. Design/methodology/approach Financial performance of the intermediary institutions has been measured by the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method between the years 2005 and 2016. In order to implement the TOPSIS method, the relative importance of financial performance indicators has been determined by Entropy, survey results and considering equal weights approaches. Findings Empirical findings indicate that the average performances of continuously operating intermediary institutions during the concerned period are above the average performance levels of all intermediaries. Additionally, the average rank of bank-origin intermediary institutions have been found higher than the non-bank origins for all years. This reveals that the average financial performance of the bank-origin intermediary institutions is higher than the average score of non-bank origins during the related years. Originality/value This study is unique in terms of evaluating the performance of intermediary institutions in Turkish capital markets with a comprehensive framework. Determining the relative importance of financial performance indicators according to entropy, survey results and equal-weight approaches and revealing the average financial performance ranking methodology for bank-origin and non-bank-origin intermediary institutions have added value.
33
Bolos, Bradea, and Delcea. "Modeling the Performance Indicators of Financial Assets with Neutrosophic Fuzzy Numbers." Symmetry 11, no. 8 (August 7, 2019): 1021. http://dx.doi.org/10.3390/sym11081021.
Повний текст джерелаАнотація:
This research sets the basis for modeling the performance indicators of financial assets using triangular neutrosophic fuzzy numbers. This type of number allows for the modeling of financial assets performance indicators by taking into consideration all the possible scenarios of their achievement. The key performance indicators (KPIs) modeled with the help of triangular fuzzy neutrosophic numbers are the return on financial assets, the financial assets risk, and the covariance between financial assets. Thus far, the return on financial assets has been studied using statistical indicators, like the arithmetic and geometric mean, or using the financial risk indicators with the help of the squared deviations from the mean and covariance. These indicators are well known as the basis of portfolio theory. This paper opens the perspective of modeling these three mentioned statistical indicators using triangular neutrosophic fuzzy numbers due to the major advantages they have. The first advantage of the neutrosophic approach is that it includes three possible symmetric scenarios of the KPIs achievement, namely the scenario of certainty, the scenario of non-realization, and the scenario of indecision, in which it cannot be appreciated whether the performance indicators are or are not achieved. The second big advantage is its data series clustering, representing the financial performance indicators by which these scenarios can be delimitated by means of neutrosophic fuzzy numbers in very good, good or weak performance indicators. This clustering is realized by means of the linguistic criteria and measuring the belonging degree to a class of indicators using fuzzy membership functions. The third major advantage is the selection of risk mitigation analysis scenarios and the formation of financial assets’ optimal portfolios.
34
Kotane, Inta. "Impact of the company’s main budgeting objectives on the evaluation of importance of financial and non-financial indicators." Environment. Technology. Resources. Proceedings of the International Scientific and Practical Conference 2 (June 17, 2015): 158. http://dx.doi.org/10.17770/etr2015vol2.270.
Повний текст джерелаАнотація:
<p>Financial planning forms a basis for the company’s management and determines the company’s objectives; the achievement of these objectives is measured using financial and non-financial indicators. The main budgeting objectives affect the importance of financial and non-financial indicators, thus, contributing to the achievement of the goals. The topicality of the research is determined by the fact that the financial and non-financial indicators have been examined by many authors; however, there exist problems regarding their practical application, since still there is no a consistent approach to the measurement and evaluation of both the financial and non-financial indicators. The study is based on the author's previous theoretical research on the application of financial and non-financial indicators in the evaluation of business performance; as a result, the author has established the sets of financial and non-financial indicators that were used in conducting the practical research.</p><p> The aim of the current research is to determine the impact of the main company’s budgeting objectives on the evaluation of importance of financial and non-financial indicators on the basis of the opinion survey of Latvian business persons and top-level employees. The Internet survey was used in the research, applying a random sampling method.</p><p>The research results indicate that the opinions in the groups of respondents regarding the main company’s budgeting objectives differ, and the correlations exist among the main budgeting objectives. Comparison of the impact of the main budgeting objectives on the importance level of the financial and non-financial indicators shows that the possible impact is more significant regarding the importance of the financial rather than non-financial indicators.</p>
35
Latifah, Sri Wahjuni, and Dhaniel Syam. "PENGEMBANGAN INDIKATOR PENILAIAN KINERJA PENERAPAN FAKTOR LINGKUNGAN SUPPLY CHAIN UMKM." PERFORMANCE: Jurnal Bisnis & Akuntansi 10, no. 1 (May 14, 2020): 1–17. http://dx.doi.org/10.24929/feb.v10i1.968.
Повний текст джерелаАнотація:
This research is conducted with the aim of developing SMES performance assessment indicators by implementing the supply chain environmental factors so that it can be used to assess the performance of SMES not only financial based but to non Financial. Data is collected by sending queitioner and interviews to MSME managers, employees and consumers are obtained sixty SMES. The research variables are developed from the Balance Score Card concept and supply chain management. Data analysis techniques are done with qualitative descriptive. And then the analysis of factors to determine the indicator in the determination of SMES performance. The results showed that there are four factors that can be used to determine the SME performance indicators: resource factors, financial factors, customer factors and the SCM (Supply Chain Management) factor.
36
El-Habashy, Hanaa A. "The Impact of Accounting Conservatism on Corporate Performance Indicators in Egypt." International Journal of Business and Management 14, no. 10 (September 4, 2019): 1. http://dx.doi.org/10.5539/ijbm.v14n10p1.
Повний текст джерелаАнотація:
This study aims to investigate the impact of conservative accounting on corporate performance indicators of Egyptian firms. A sample of balanced data for the 40 most active non-financial companies was collected in the period 2009-2014 to test hypotheses. Panel regression models were used for data analysis. Givoly & Hayn (2000) indicator is used as a benchmark for measuring accounting conservatism. The corporate performance indicators used in this study are return-on-assets (ROA) and return on equity (ROE) representing accounting performance measures, as well as Tobin’s Q which measures market performance. The results of the research show that accounting conservatism has a significant positive impact on corporate performance indicators. This reflects the positive effect of corporate performance on shareholders that leads to a strong corporate financial position. To the best of our knowledge, no study has been conducted in Egypt as an emerging economy.
37
Almagtome, Akeel Hamza, Ahmed Jassim Al-Yasiri, Raed Saiad Ali, Hasan Latif Kadhim, and Heider Nima Bekheet. "Circular Economy Initiatives through Energy Accounting and Sustainable Energy Performance under Integrated Reporting Framework." International Journal of Mathematical, Engineering and Management Sciences 5, no. 6 (December 1, 2020): 1032–45. http://dx.doi.org/10.33889/ijmems.2020.5.6.079.
Повний текст джерелаАнотація:
The financial reporting plays a significant role in sustainable development, as it contributes greatly to providing the information required to assess sustainable development performance. In order to achieve the sustainable development, accurate information should be provided to stakeholders on the energy consumed and the impact of energy consumption on the environment. Information on sustainable energy performance needs providing both of financial and non-financial information. However, the traditional financial reporting system is unable to provide information that helps measure and promote sustainable energy performance, as the current accounting system provides financial information only. It is therefore important to adopt an appropriate reporting framework to support the evaluation of sustainable energy performance. This paper proposes an approach to the measure the sustainable energy performance based on the integrated reporting framework. A unique feature of the approach is the selection of corporate energy performance indicators that cover both financial and non-financial information. This paper therefore sets out indicators for assessing sustainable energy performance based on the Integrated Reporting Framework. Furthermore, the application of the indicators proposed in this paper helps regulators and economic policy makers to develop sustainable development strategies at national level. Moreover, the adoption of the proposed indicators can provide accurate information on the real and future of sustainable energy in the country.
38
Rachmawati, Dyna. "Analisis Pengaruh Strategi Bisnis dan Ukuran Kinerja terhadap Kapabilitas Dinamis." Jurnal Keuangan dan Perbankan 11, no. 2 (July 1, 2020): 129. http://dx.doi.org/10.35384/jkp.v11i2.180.
Повний текст джерелаАнотація:
Contingency studies have found that business strategies affect on performance indicators. Performance indicators mediate the effect of business strategies on business performance. This study use contingency theory and dynamic capability view to explain that business strategies promote dynamic capabilities indirectly through dynamic capabilities. Using 47 pharmaceutical strategic business units (SBUs), this study finds that business strategies have direct effect on dynamic capabilities. Business strategies increase dynamic capabilities indirectly through financial performance indicators. But, business strategies decrease dynamic capabilities indirectly through non-financial performance indicators
39
Gajic, Biljana. "Integrated corporate performance measurement systems." Ekonomski anali 44, no. 161 (2004): 151–64. http://dx.doi.org/10.2298/eka0461151g.
Повний текст джерелаАнотація:
Corporate performance measurement is a key prerequisite for successful management, a process of guiding the enterprise from the existing to the particular, desired performance. Traditional performance measurement systems, based on the use of financial indicators, do not satisfy the needs of modern enterprises. They provide the measurement of the past results, but they do not provide enough quality information for improvement of performance in the future. Nowadays, a great number of different performance measurement systems have been developed. They have a more complex approach to performance analysis, using both financial and non financial indicators grouped in a certain number of performance perspectives. The disadvantages of this modern performance measurement systems can be diminished through their integration, which leads to creating new, integrated performance measurement systems.
40
Jakobsen, Morten, and Rainer Lueg. "The Balanced Scorecard: the illusion of maximization without constraints." Proceedings of Pragmatic Constructivism 2, no. 1 (March 1, 2012): 10–15. http://dx.doi.org/10.7146/propracon.v2i1.16672.
Повний текст джерелаАнотація:
The Balanced Scorecard (BSC) claims to maximize organizational performance through the management of different perspectives (e.g., financial, customers, internal processes, learning & growth). Most of the chosen measures are usually non-financial, as they are supposedly leading indicators of financial success. The developers of the BSC Kaplan and Norton see these perspectives as related, but not as linked to each other by accounting logic. Moreover, Kaplan and Norton recommend cascading the BSC across the organization by breaking up the BSC into sub-targets for each organizational unit.Inevitably, this can lead to situations where actors in an organization focus on a subset of non-financial indicators. In their attempt to maximize these indicators, unit-egoism may lead to sub-optimal overall performance of the organization. This is because the link from non-financial indicators at lower levels of the organization to the overall financial goals have been disjoined. This problem, however, has been largely ignored in the BSC-literature. Therefore, this paper addresses the rationality and limits inherent in the usage of multiple performance measures. For this, we conduct an analytical study based on a literature review.
41
Verevka, Tatyana. "Key performance indicators of high-tech enterprises." SHS Web of Conferences 44 (2018): 00077. http://dx.doi.org/10.1051/shsconf/20184400077.
Повний текст джерелаАнотація:
In the conditions of the transition to innovative development and digital economy, the unconditional priority is shifted to restoration and transformation of high-tech enterprises. The stability of their strategic developing greatly depends on the efficiency of their business activity and the system of the enterprise strategic management. This article defines the basic performance indicators of high-tech enterprises, the particular features of the system to evaluate the efficiency of strategic management of a high-tech enterprise: innovative, scientific-technological and intellectual potential. On the basis of the analysis of the methods widely used all over the world, we developed a system key performance indicators to evaluate the efficiency of high-tech enterprises, with consideration of particular features of operation and development of high-tech enterprises, to enable evaluating the efficiency of their business activities and management through analyzing the inter-related financial and non-financial performance indicators. The practical implementation of this system will make it possible for high-tech enterprises to form a data base for making strategic solutions to ensure competitive advantage of these enterprises and, as a consequence, facilitate their steady development.
42
Kim, Seok-Soo. "Influential Indicators and Measurements of Mediating and Moderating Roles on SME Performance." International Journal of Knowledge Management 18, no. 1 (January 2022): 1–18. http://dx.doi.org/10.4018/ijkm.20220101.oa7.
Повний текст джерелаАнотація:
Overcoming the failure of SMEs has been an important research topic. The critical research finding is that it has verified the essential elements of performance improvement. We presented a solution to the research question, "Is there a causal relationship between the effect on SMEs' success on capacity and business performance?". We analyzed whether the competence of SMEs had a mediating effect between success variables and performance. Secondary effects were empirically studied by converting independent variables to Higher-Order Component (HOC). The second-order variable of management influenced financial, non-financial, and technical performance, and the second-order variable of technology affected technical performance. As a result of introducing demographic variables as a controlling variable for performance, gender, and year of establishment showed a moderating effect on technical and non-financial performance. We expect to contribute to practical application to SME CEOs and government policymakers, support organizations, academia, and industry.
43
Maksoud, Ahmed Abdel, Fabrizio Cerbioni, Mohamed F. Omran, and Federica Ricceri. "The use of non-financial performance indicators and organisational performance: an empirical analysis of Italian firms." International Journal of Business Performance Management 16, no. 4 (2015): 421. http://dx.doi.org/10.1504/ijbpm.2015.072240.
Повний текст джерела
44
Chen, Yasheng, and Johnny Jermias. "Linking Key Performance Indicators to New International Venture Survival." Journal of International Accounting Research 15, no. 3 (September 1, 2016): 31–48. http://dx.doi.org/10.2308/jiar-51604.
Повний текст джерелаАнотація:
ABSTRACT Based on the four major challenges firms face in the early stage of their life cycle, we identify and use financial and non-financial performance measures to predict the survivability of new international ventures. We use a sample of 3,729 new manufacturing ventures from the Chinese Foreign Invested Enterprises Database. The study sample consists of wholly owned ventures of multi-national corporations (MNCs) and joint ventures between pairs comprising foreign and local investors in China. The results are consistent with the study's hypotheses. Using the Cox (1972) survival model, we find that employee training, employee productivity, accounts receivable collection period, export intensity, and sales growth are positively related to new venture survival. This study contributes to the existing business venturing and accounting literature in three ways. First, it fills the gap in the existing literature on bankruptcy prediction by focusing on firms in the early stage of their life cycle. Second, it uses survivability as a measure of business success. Survivability is a more comprehensive measure of firm performance than traditional financial measures during the start-up stage because during this stage firms tend to carry large losses that make financial measures inappropriate. Finally, this study has the potential to help new venture managers improve a firm's chances of success by using customized performance measures that fit its unique situation. JEL Classifications: D21; G32; M41.
45
Načinović Braje, Ivana, Ivana Pavić, and Danijela Ferjanić Hodak. "EMPLOYEE-RELATED INDICATORS IN THE NON-FINANCIAL REPORTING IN HOSPITALITY INDUSTRY." Ekonomska misao i praksa 29, no. 2 (December 2020): 559–78. http://dx.doi.org/10.17818/emip/2020/2.12.
Повний текст джерелаАнотація:
Due to many social and environmental challenges in the last decade, many companies recognized the importance of non-financial reporting to provide complete overview of its performance and socially responsible behaviour. Furthermore, for some companies the obligation of non-financial reporting has been institutionalized by European commission directives. This paper explores the extent of non-financial reporting regarding employment-matters in hospitality industry in Croatia. Research objective of the paper is to assess the type and amount of information regarding employment and human resource management related issues disclosed by hospitality industry companies listed on Zagreb Stock Exchange. Research results indicate that the quantity of disclosed information increased after implementing EU directives on non-financial reporting, but there is still room for improvement. It is expected that hospitality industry companies will disclose even more employee-related indicators in the future due to the importance they give to their human resources and the importance of such indicators is further discussed in this paper.
46
Calvo-Centeno, Esperanza, Enrique Gragera-Pizarro, Eva Romero-Ramos, and Eva Ropero-Moriones. "Comparative analysis of the contribution to the united nations sustainable development goals through non-financial information disclosed by IBEX 35 companies." Financial Internet Quarterly 18, no. 1 (March 1, 2022): 16–30. http://dx.doi.org/10.2478/fiqf-2022-0002.
Повний текст джерелаАнотація:
Abstract The purpose of this research is to examine the non-financial key performance indicators contemplated in Directive 2014/95/EU through the prism of the Sustainable Development Goals (SDGs). To do this, the presence of the indicators contemplated in the United Nations 2030 Agenda in the non-financial information disclosed by the groups of companies listed in the Spanish IBEX 35 index in the years 2017 and 2019 has been analyzed. The obtained results show an increase in the presence of SDGs in the non-financial reports of IBEX35 listed companies. Furthermore, the statistical analysis reveals that there are no significant differences in the number of SDGs incorporated as non-financial key performance indicators between the different business sectors. The methodology used in this research also constitutes a tool that can be used to learn about the implementation of social and environmental policies in other companies.
47
Kotane, Inta. "OBJECTIVE AND SUBJECTIVE MEASURES OF BUSINESS PERFORMANCE." SOCIETY. INTEGRATION. EDUCATION. Proceedings of the International Scientific Conference 4 (May 26, 2017): 270. http://dx.doi.org/10.17770/sie2017vol4.2403.
Повний текст джерелаАнотація:
To characterise the results of company’s business activities, the term ‘performance’ is used in the foreign scientific and educational literature. Objective and subjective measures are used in the international practice to measure the business performance. In Latvia, evaluation and systematization of these measures has not been carried out, which justifies the necessity of theoretical exploration of the objective and subjective performance measures. The study is based on the analysis of specialised literature and foreign scientific publications on the performance measurement issues. The following general research methods are used in the study: monographic or descriptive research method and comparison method. Aim of the research: to carry out a theoretical study on the objective and subjective measures of business performance. In the result of the research, evaluation and systematization of the objective and subjective performance measures is carried out. Subjective assessment of the company's performance includes the comparison of the company's financial and/or non-financial performance indicators with the competitors'/the main competitor's financial and/or non-financial performance indicators, or the industry’ s average values. Objective assessment of the company's performance determines the necessity of using the information contained in the company's financial statements.
48
Arasu, B. Senthil, Desti Kannaiah, Nancy Christina J., and Malik Shahzad Shabbir. "Selection of Variables in Data Envelopment Analysis for Evaluation of Stock Performance." Management and Labour Studies 46, no. 3 (May 20, 2021): 337–53. http://dx.doi.org/10.1177/0258042x211002511.
Повний текст джерелаАнотація:
This study deploys data envelopment analysis (DEA) to identify the appropriate variables for the performance valuation of stocks. For this purpose, sixty-nine non-financial stocks of the Nifty 100 index of The National Stock Exchange of India Ltd (NSE) were selected as a sample for this study. We segregated the selected stocks into three groups of inputs and outputs for DEA based on fundamental indicators (financial ratios); technical indicators (momentum indicators); and both, fundamental and technical indicators. The stock performance indicators are sourced from the ACE database from financial year 2014 to 2019. The results of the study suggest that all three sets of stock performance indicators help in the identification of efficient stocks. However, stocks identified under momentum indicators are seen to have been better performing in stock return compared to the other two groups. The outcome of this study may help academicians and investors construct an effective portfolio and analyse/study its performance evaluation
49
Franco, Mário, Heiko Haase, and Ana Pereira. "Empirical study about the role of social networks in SME performance." Journal of Systems and Information Technology 18, no. 4 (November 14, 2016): 383–403. http://dx.doi.org/10.1108/jsit-06-2016-0036.
Повний текст джерелаАнотація:
Purpose This study aims to show the role of social networks in the performance of small- and medium-sized firms (SMEs) in an inland region of Portugal. The main objective is to ascertain the motives for adhering to social networks and to understand if this type of network influences performance in this firm sector. Design/methodology/approach To fulfill this aim, a quantitative research was adopted, based on application of a questionnaire, the final sample being formed of 86 SMEs. Findings Based on the results obtained, it is concluded that the SMEs studied are connected to social networks, especially Facebook. The principal reason for this type of firm connecting to social networks has to do with the possibility of presenting services to a greater number of potential customers. Practical implications The empirical evidence obtained also shows that the motives associated with cost reduction influence both financial indicators (profit growth) and non-financial indicators (human resource results), and communication and innovation influence only non-financial performance (level of satisfaction). Originality/value This study contributes to advancing theory in the field of social networks in SMEs. More precisely, this study suggests that to assess their performance, SME leaders should not use only measures of a financial nature (sales volume, level of growth, etc.), but rather in combination with non-financial indicators such as customer satisfaction, reputation and others.
50
Azhary, Riza Aulia. "Comparative Analysis of CSR Disclosure and Its Impact on Islamic Banks Financial Performance." Al-Azhar Journal of Islamic Economics 3, no. 1 (January 22, 2021): 1–11. http://dx.doi.org/10.37146/ajie.v3i1.50.
Повний текст джерелаАнотація:
Corporate Social Responsibility (CSR) is one of the indicators reflecting not only a firm financial performance but also their connection to the stakeholders. This study will analyse the CSR disclosure between two Islamic Banks in MENA Countries; Boubyan Bank from Kuwait and Ithmaar Bank, a Bahrain origin. By employing a mixed qualitative-quantitative method, the paper will contrast both financial reports for 5 consecutive years (2011-2015), and utilise CAMEL rating, as the indicators for financial performance. Furthermore, the data will be analysed intensely using Belal, et al (2015) CSR index. For the non-financial performance, a deeper analysis of the Chairman’s statement will be conducted through text analysis software (DICTION and LIWC). The result showed a consistent output, between financial and non-financial performance, for both banks. Boubyan Bank performed better in terms of financial state, and in addition, avoided impression management procedure. In contrast, Ithmaar Bank indicated the opposite result.