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From financial measures to strategic performance measurement system and corporate sustainability: Empirical evidence from Slovakia

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dc.title From financial measures to strategic performance measurement system and corporate sustainability: Empirical evidence from Slovakia en
dc.contributor.author Rajnoha, Rastislav
dc.contributor.author Lesníková, Petra
dc.contributor.author Korauš, Antonin
dc.relation.ispartof Economics and Sociology
dc.identifier.issn 2071-789X Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2016
utb.relation.volume 9
utb.relation.issue 4
dc.citation.spage 134
dc.citation.epage 152
dc.type article
dc.language.iso en
dc.publisher Centre of Sociological Research
dc.identifier.doi 10.14254/2071-789X.2016/9-4/8
dc.subject Business measurement performance en
dc.subject Corporate sustainability en
dc.subject Corporate sustainability measurement system en
dc.subject Financial measures en
dc.subject Strategic performance management system en
dc.description.abstract Today’s world brings in many new pulses for enterprises not to focus on well established performance management tools used in the past. There is an obvious need to use new methods of performance management within strategic-oriented management. A good example here is also the concept of corporate sustainability. This concept is focused on company’s performance in the long term, whereby the company essentially follows not only profitability, but also takes into account the process and results of all activities in relation to surrounding community and environment. The main aim of this paper is to analyse different phases of measuring and managing business performance, and also to measure the impact of the selected measurement tools of performance management on the overall business performance of Slovak enterprises, as well as to highlight the relation of the composite index of sustainable development with business performance. The results show the very important link between business strategy and system for measuring and managing corporate performance, which is positively reflected in the achievement of the overall performance. Also confirmed is the relationship with the composite index of sustainable development. © 2016, Centre of Sociological Research. All rights reserved. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1006946
utb.identifier.obdid 43875343
utb.identifier.scopus 2-s2.0-85008354441
utb.identifier.wok 000392146400008
utb.source j-scopus
dc.date.accessioned 2017-07-13T14:50:24Z
dc.date.available 2017-07-13T14:50:24Z
dc.description.sponsorship Ministry of Education of Slovak Republic [1/0537/16]
dc.rights Attribution 3.0 International
dc.rights.uri http://creativecommons.org/licenses/by/3.0/
dc.rights.access openAccess
utb.contributor.internalauthor Rajnoha, Rastislav
utb.fulltext.affiliation Rastislav Rajnoha, Tomas Bata University in Zlín, Zlín, Czech Republic, E-mail: rajnoha@fame.utb.cz Petra Lesníková, Technical University in Zvolen, Zvolen, Slovak Republic, E-mail: lesnikova@tuzvo.sk Antonín Korauš, Paneuropean University in Bratislava, Bratislava, Slovak Republic, E-mail: akoraus@gmail.com
utb.fulltext.dates Received: March, 2016 1st Revision: October, 2016 Accepted: November, 2016
utb.fulltext.sponsorship This paper is the partial result of the Ministry of Education of Slovak Republic grant project VEGA Nr. 1/0537/16 – Methods and models of Strategic Business Performance Management and their comparison in companies and multinational corporations.
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