The Need To Improve Performance Indicators Used In The Global Evaluation Of The Company

  • Cristina Iacoban ”Stefan cel Mare” University of Suceava, Suceava, Romania
  • Svetlana Mihaila Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova
  • Elena Hlaciuc ”Stefan cel Mare” University of Suceava, Suceava, Romania
Keywords: Performance evaluation, performance indicators, profitability

Abstract

The purpose of this paper is to identify the most relevant performance indicators that need to be improved in order to assess as objectively as possible the overall value of the company. In order to achieve the proposed goal we set the following objectives: objective 1 - establishing the main performance indicators according to the company's field of activity, objectives, mission and vision of the company and objective 2 - identifying the most relevant indicators established by achieving objective 1, which need to be improved as a result of the evolution of technological and economic progress that is currently being made.

The obtained results consist in offering viable solutions regarding the most realistic evaluation of the global value of an economic entity by improving the economic-financial indicators used.

The results can be of real use for all companies, regardless of the field of activity, which want a more objective global assessment of their values, for shareholders or associates, for employees, for creditors and all commercial participants, but also for rating agencies.

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Published
2020-08-11
How to Cite
Iacoban, C., Mihaila, S., & Hlaciuc, E. (2020). The Need To Improve Performance Indicators Used In The Global Evaluation Of The Company. LUMEN Proceedings, 13, 130-138. https://doi.org/10.18662/lumproc/ncoe4.0.2019/12