Academic Journals Database
Disseminating quality controlled scientific knowledge

MODERN FACTORS THAT ENHANCE COMPANY'S FINANCIAL PERFORMANCE

ADD TO MY LIST
 
Author(s): Gruian Claudiu-Marian

Journal: Annals of the University of Oradea : Economic Science
ISSN 1222-569X

Volume: 1;
Issue: 2;
Start page: 169;
Date: 2011;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: financial performance | organizational culture | innovation | corporate social responsibility | knowledge spillovers

ABSTRACT
Company performance varies among economic sectors, countries and regions. It is influenced by a very large number of factors. This study aims at identifying and analyzing the determinants that must be considered by company's management presently in order to face competition and achieve superior financial performance. The research methodology used is specific for the theoretic nature of the article and includes literature review, comparative analysis and synthesis. Results validate and argue as relevant modern factors that influence the performance of contemporary companies: organizational culture, corporate social responsibility, innovation, knowledge spillovers. Study limits refer to the fact that these four factors are not entirely responsible for modern business performance and future research should be done to develop an integrative point of view on overall performance determinants. This paper is a dissemination of the results obtained by the author in the doctoral program The financial performance of EU member states companies, coordinator: Professor Carmen Corduneanu, PhD, carried out within West University of Timisoara, Romania, in the period October 2010- July 2012.
Why do you need a reservation system?      Save time & money - Smart Internet Solutions