Scholarly record
CONSIDERATIONS REGARDING A NEW APPROACH OF ENTERPRISES PERFORMANCE: BY MEANS OF RANDOM VARIABLES
Abstract
The purpose of this research is to present a known concept - the one of financial performance, but being assessed by means of random variables, which are routinely applied by econometric techniques. The innovation of the article is ensured by showing there would be a correlation between the two simple concepts. The research is fundamental type. An articles database was intensively used in order to assess the frequency of occurrence of the two mentioned notions published together within the same article. After investigation was performed, the hypothesis according to which the literature does not treat the financial performance of the companies through random variables was confirmed. However, the idea is open for further development and applicability pathways solution in the economic domain.
Publication Impact Profile
Publication details
References12
Ganea Mirela. Modelarea performanţei economico-financiare a întreprinderii, Editura Universitaria, 2012, Craiova, ISBN 978-606-14-0347-9, pg. 71.
Zmesal, Z, Dluhosova D. Company financial performance prediction on economic value added measure by simulation methodology, Conference: 27th International Conference on Mathematical Methods in Economics Location: Kostelec nad Cernymi lesy, CZECH REPUBLIC, 9-11 sep, 2009, MATHEMATICAL METHODS IN ECONOMICS 2009, pg. 352-358.
Charles M.C. Lee. Performance measurement: an investor's perspective, Accounting And Business Research, vol. 44, issue 4, 2014, pg. 383-406.
Mustafa A.A. AL-Qudah. Financial Performance: An Empirical Study on the Jordanian Industrial Corporations Listed on Amman Financial Market for the period 2008-2012, Interdisciplinary Journal Of Contemporary Research In Business ,Vol 6, No 1, May 2014, Pg.9-23.
Ganea Mirela, Cârstina Silviu. Econometric Model to Quantify the Performance of Romanian Enterprises. Audit Financiar. Oct2013, Vol. 11 Issue 106, pg. 46-56.
Jeffrey M. Wooldridge. Introductory Econometrics: A Modern Approach / Edition 2, Publisher: South-Western, 2002, ISBN-13: 9780324113648, pg. 23.
Ion Smeureanu, Gheorghe Ruxanda. Considerations on the Stochastic Approach in Economics, Amfiteatrul Economic Journal, vol. XV, No.34, june 2013.
Anca Munteanu. Shareholder Value Creation in Emerging European Banks. Phd. Thesis.,Bucharest University of Economic Studies, CSUD, 2013, pg.9.
Chernov, M, Ghysels, E. A study towards a unified approach to the joint estimation of objective and risk neutral measures for the purpose of options valuation, Journal Of Financial Economics, Volume 56, Issue 3, Pg. 407-458.
Weill, L. Measuring cost efficiency in European banking: A comparison of frontier techniques, Journal Of Productivity Analysis, mar. 2004, Volume 21, Issue 2, Pg.133-152.
Christopoulos, DK, Lolos, SEG, Tsionas, EG. Efficiency of the Greek banking system in view of the EMU: a heteroscedastic stochastic frontier approach, Journal Of Policy Modeling, 2002, Volume 24, Issue 9, Pg: 813-829.
Eling, Martin, Luhnen, Michael. Frontier Efficiency Methodologies to Measure Performance in the Insurance Industry: Overview, Systematization, and Recent Developments, Geneva Papers On Risk And Insurance-Issues And Practice, 2010, Volume 35, Issue 2, Pg. 217-265.
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.



