Firm performance - from how to measure to how to manage. An overviewERBAN, Radu-AlexandruBulletin of the Transilvania University of Brasov, Series V: Economic Sciences
Nora Tooher
This paper shows how company-level productivity measures can be developed from public financial data to provide a more comprehensive gauge of firm performance than profit rates alone. As a specific example, we focus on the Korean steelmaker, POSCO. Founded four decades ago, POSCO is commonly ...
aIf the top level objectives are not known, then how is the organization to measure the performance of individual employees? I will argue below that the difficulty in defining "good" performance measures in non-profit organizations is one reason for the weak incentives that so often characterize ...
Financial performance indicators are quantifiable metrics used to measure how well a company is doing. No single measure should be used to define the financial performance of a firm. Investopedia / Madelyn Goodnight Understanding Financial Performance ...
How to measure & improve your governance performance for ESG Corporate governance frequently enters the public eye only after a scandal, mismanagement, or a toxic work environment. We have witnessed many recent governance problems ranging from the individual company to the national economy. The FTC ...
Firstly, we use an approach of “HR manager-evaluation” to measure the high-performance work system and initiative climate. However, this approach only reveals the HR managers’ subjective assessment for HPWS and initiative climate, therefore, the authenticity and accuracy of this research may be ...
The resource-based view of the firm highlights human capital as a crucial resource to firm performance [60,61], and says that human capital with a higher level of education has a better capability to create a pathway to the evolution of new knowledge, further increasing the enterprise’s ...
A country’s GDP represents the final market value of all the products and services that a country produces in a single year. Another way to measure GDP is as the sum of four factors: consumer spending, government spending, net exports, and total investment. ...
We start on how to identify what is important to measure in your business model and end in examples of measures exposing performance to shareholders. We explain how to distinguish what market needs from firm chooses to address and then measure. We bring "house of value" as example how to ...