Development of Concepts and Models of Performance Evaluation from the 19^thCentury to the Present

• Authors: Jana Hornungová
• Languages of publication: EN

Abstracts

EN

The main aim of this paper is to provide a framework of concepts and models from the area of performance measurement. Due to the fact that the business environment is con-stantly changing, changes also occur in the trends relating to performance. Traditional financial performance measures have been highly criticized and the need identified to integrate non-financial perspectives, such as level of innovation, degree of motivation, intellectual capital and other criteria. Intellectual capital is often a crucial factor in the creation of value in a company. This paper provides a literature review supplemented by the author’s research in the field of performance. The article shows that the performance appraisal system is currently focused on several areas that could affect the performance of the company, which is also part of the overall performance of the economy in the form of GDP growth. Based on the research, it can be said that, for the sample tracked, the selection of performance evaluation system does not depend on the legal form of the business.

Keywords

EN

Performance; Measurement; Concepts; Models

• Publisher: Sciendo
• Journal: DANUBE: Law and Economics Review
• Year: 2014
• Volume: 5
• Issue: 2
• Pages: 143-154

Dates

online

2014-07-08

Contributors

author

Jana Hornungová

• Brno University of Technology, Faculty of Business and Management, Kolejní 2906, 612 00 Brno, Czech Republic.

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Identifiers

DOI

10.2478/danb-2014-0008