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With the constantly changing conditions of the market environment, companies and their managements have been under permanent pressure to find sufficient economic reserves and resources allowing to further grow and improve their financial performance. Financial performance considerably affects the company position in the market and also the level of its competitiveness. Besides other factors, the company financial performance and competitiveness are influenced by the amount of costs consumed. Practical experience a...

In today’s rapidly changing business environment business performance is becoming increasingly important. Improving business performance becomes an integral part of the strategic management of any business that wants to succeed in today's competitive environment. New methods (concepts) that are used to measure and manage financial performance are gradually introduced. These methods include not only financial but also non financial indicators that describe financial performance in its entire complexity. The aim of ...

The paper deals with the methods used by Czech companies for the evaluation of company performance. The evaluation of company performance remains a crucial topic for company’s management. The development of business environment is influenced by globalization, which increases competition between companies around the world. This creates new obstacles as well as opportunities in the area of measuring company performance. Companies are constantly forced to increase their performance to retain their market shares and s...

The paper deals with the application of methods for financial performance management in enterprises, used for analyses of business entities in the territory of the Czech Republic. Financial performance is one of the key indicators for the determination of competitive position as well as attractiveness for investors. Therefore it is necessary to assess the company performance not only from the quantitative point of view, but also with regard to quality. The common financial performance measurement based on the resu...