Financial Indicators of Performance Measurement: Reality, Relevance and Distortion

Article English OPEN
Flavius-Andrei Guinea;
  • Publisher: Ovidius University Press
  • Journal: Ovidius University Annals: Economic Sciences Series (issn: 2393-3127, eissn: 2393-3127)
  • Publisher copyright policies & self-archiving
  • Subject: measures of financial performance | return on investment | residual income | economic value added | Business | HF5001-6182 | Economics as a science | HB71-74

The main criticism brought to managers and to managerial accounting systems was the lack of emphasis on the return of the use of invested capital and the excessive focus on the efficiency of production processes. This fact forced the transition to a new view on the way ... View more
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