Nonfinancial Performance Evaluation as Significant Area of Strategic Business Management

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F17%3APU124554" target="_blank" >RIV/00216305:26510/17:PU124554 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.3846/btp.2017.008" target="_blank" >http://dx.doi.org/10.3846/btp.2017.008</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3846/btp.2017.008" target="_blank" >10.3846/btp.2017.008</a>

Result language

angličtina

Original language name

Nonfinancial Performance Evaluation as Significant Area of Strategic Business Management

Original language description

The main aim of this paper is to provide the answer to the questions: Which areas of the company play an important role in the evaluation of the performance? Which areas are considered to be important? Due to the fact that the business environment is constantly 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 the 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. Based on the research, employees and customers are one of the most important areas in the companies from the selected area. At the same time, dependence among these company’s areas and company’s profit has been identified. Furthermore, it has been found whether the introduction of social responsibility into business strategy affects responsible behaviour just in the working environment (as this is geared specifically to employment area). Thus, as regards business strategy and support to work environment, in this case no relationship has been indicated, therefore it is not possible to say that if companies apply social responsibility strategy, they support mainly the working environment.

Czech name

—

Czech description

—

Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

<a href="/en/project/GA14-23079S" target="_blank" >GA14-23079S: Measuring Corporate Sustainability in Selected Sectors</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Business: Theory and Practice

ISSN

1648-0627

e-ISSN

—

Volume of the periodical

18

Issue of the periodical within the volume

2

Country of publishing house

LT - LITHUANIA

Number of pages

8

Pages from-to

71-78

UT code for WoS article

—

EID of the result in the Scopus database

2-s2.0-85042797238