Journal articles: 'Evaluation of company performance'

1

Dr.D.Rajasekar, Dr D. Rajasekar, and T. Hymavathi Kumari T.Hymavathi Kumari. "Performance Evaluation of Sbi Life insurance Company Limited." International Journal of Scientific Research 3, no. 4 (June 1, 2012): 275–77. http://dx.doi.org/10.15373/22778179/apr2014/96.

Full text

APA, Harvard, Vancouver, ISO, and other styles

2

Fendy, Iman Prasetya Handoko, and Ford Lumban Gaol. "Performance Evaluation of CRM System Based on Cloud Computing." Applied Mechanics and Materials 234 (November 2012): 110–23. http://dx.doi.org/10.4028/www.scientific.net/amm.234.110.

Full text

Abstract:

PT. XYZ is a retail company that distributes electronic, furniture and home appliance products across Indonesia. As the business grows, the company faces many problems in manages their customer. So the company decided to implement CRM system based on cloud computing to manage their customer relationship. This research aims to evaluate the performance of CRM System based on cloud computing (Salesforce.com) on PT. XYZ which the results can be used by management to make decisions and strategies for the next steps. The performance evaluation divided into 3 which are financial, technology and business evaluation. The result shows that the system is working as expected. It has good financial, technology and business performance. Conclusions obtained from this research are, the company can continue the subscription of salesforce.com and even develop their system to cover and manage all companys customer.

APA, Harvard, Vancouver, ISO, and other styles

3

Chandra Das, Bijoy, and Soma Rani Sutradhar. "The Evaluation of the Performance of Eastland Insurance Company Limited a Study of Bangladesh." Journal Of International Business Research And Marketing 1, no. 2 (2015): 29–43. http://dx.doi.org/10.18775/jibrm.1849-8558.2015.12.3004.

Full text

Abstract:

This research is conducted on Eastland Insurance Company Limited. It is accomplished on the “The Evaluation of the policies and performance of Eastland Insurance Company Limited”. This study also includes the information on the overview of Eastland Insurance Company Limited, theoretical analysis of insurance and legal framework of insurance industry Bangladesh on. This research is prepared primarily to have clear and real life ideas about the position of Eastland Insurance Company in insurance sector of Bangladesh. The research focuses on the major challenges of insurance industry in Bangladesh that obstruct smooth development of Bangladesh. This study conveys the message that if the insurance companies are operated very smoothly, the insurance sector will flourish very fast way.

APA, Harvard, Vancouver, ISO, and other styles

4

Narkunienė, Judita, and Aurelija Ulbinaitė. "Comparative analysis of company performance evaluation methods." Entrepreneurship and Sustainability Issues 6, no. 1 (September 30, 2018): 125–38. http://dx.doi.org/10.9770/jesi.2018.6.1(10).

Full text

APA, Harvard, Vancouver, ISO, and other styles

5

Istiaq Azim, Mohammad, Joyce Chua Ai Mei, and Samina Rahman. "Executives’ remuneration and company performance: An evaluation." Corporate Board role duties and composition 7, no. 2 (2011): 16–31. http://dx.doi.org/10.22495/cbv7i2art2.

Full text

Abstract:

Executive pay became a much discussed issue during the recent global financial crisis. Substantial research has been done in the United States and United Kingdom, while research in Australia is still limited, especially in terms of using the data for the financial crisis. This paper will investigate the relationship between Australian executives’ remuneration and their companies’ performance during the global financial crisis. Two approaches were used to examine the relationship: firstly, an investigation of the pay-for performance relationship that existed during the global financial crisis; and secondly, checking the robustness test by using one year before-and-after data. The sample is taken from the Top 200 companies from the Australian Stock Exchange (ASX) list for 2007 and 2008. In order to achieve a better understanding of this relationship, a conceptual model has been developed. Results show that Australia’s business reward system is quite effective because executives’ remuneration were reduced by their respective companies when they underperformed during this particular crisis. Overall, this study concludes that there is a positive and significant relationship between executives’ remuneration and company performance during the global financial crisis, with higher sensitivity to market-based performance measures than accounting-based performance measures.

APA, Harvard, Vancouver, ISO, and other styles

6

Farmer, Mark, Stuart Archbold, and George Alexandrou. "CEO Compensation and Relative Company Performance Evaluation." Compensation & Benefits Review 45, no. 2 (March 2013): 88–96. http://dx.doi.org/10.1177/0886368713492116.

Full text

APA, Harvard, Vancouver, ISO, and other styles

7

Kurnia, Wahyu Ismail, Ariamin Ariamin, and Elisa Kusrini. "THE PERFORMANCE MEASUREMENT OF CONSULTING SERVICE COMPANY IN INDONESIA; CASE STUDY." Journal of Industrial Engineering Management 6, no. 2 (August 20, 2021): 79–88. http://dx.doi.org/10.33536/jiem.v6i2.944.

Full text

Abstract:

Performance evaluation is the first step of a company in reaching its competitive advantage in the midst of globalization and free market enactment. The result of performance evaluation can be used as strategic formulation and decision making in fixing performance indicator which is considered as poor. From the facts, this research uses the evaluation adopted from PwC, which used to evaluate the performance of a consulting service company in Indonesia named XYZ Ltd. The reason for choosing PwC business model is because it covers all aspects that affect company’s ability to achieve competitive advantage. Moreover, this research uses 5 of 7 aspects of performance measurement offered by PwC business model. Measurement indicators and characteristics based on library research and company’s internal managerial party interviews are made, so that the evaluation process can be interpreted into the formulation of strategic improvement and decisions making. The result of performance measurement is expected to be able to give a new perspective in overall performance evaluations of consulting companies and evaluate company’s ability to win over its competitors, as well as to prove the ability of PwC’s measurement model in evaluating the performance of consulting companies in Indonesia model of performance.

APA, Harvard, Vancouver, ISO, and other styles

8

Kärnä, Sami, and Juha-Matti Junnonen. "Benchmarking construction industry, company and project performance by participants’ evaluation." Benchmarking: An International Journal 23, no. 7 (October 3, 2016): 2092–108. http://dx.doi.org/10.1108/bij-05-2015-0050.

Full text

Abstract:

Purpose The construction industry needs effective methods for gathering and utilizing performance information on industry, company and individual project levels. Such benchmarking (BM) information can be collected from project participants’ bi-directional evaluations of each other’s performance during construction projects. The purpose of this paper is to present the method and discuss the features of a multi-company project evaluation system as a BM tool. Also the accumulated results, based on the extensive BM database in the Finnish construction industry, are investigated. Design/methodology/approach The web-based project evaluation tool was established in 2007 as a joint research project between the Helsinki University of Technology, construction organizations and main associations widely representing the construction industry in Finland. The evaluation method is based on soft, subjective measures, such as client satisfaction and project participants’ satisfaction. The empirical observations of the study are based on over 5,500 evaluations during which the BM system was used in the Finnish construction industry. Findings The use of the evaluation is presented as a multi-level BM tool to evaluate the performance of different discipline groups on project, company and industry levels. The Finnish case shows an example of the industry-level performance BMs of project consultants, main contractors, sub-contractors and architects/designers. The BM categories include project management, staff, collaboration and project goal accomplishment. According to the results, the participants are satisfied with each other’s performance. However, main development targets in the Finnish industry are related to risk management and managing design. Also, the development of sub-contractors’ selection procedures will contribute to the performance of the industry. Research limitations/implications The industry-level feedback is linked to the Finnish construction industry. Similar studies in other countries would enable international comparisons. Practical implications Client satisfaction and project participants’ satisfaction have been identified as one of the key factors affecting project success. With the help of mutual project evaluation, different BMs enable organizations to monitor their performance and to improve their operations in various areas. They also make it possible to position an organization’s performance in comparison to the competitors and help to perceive black spots in the process on project level. As a common system for the parties in the industry, the project evaluation BM system promotes quality improvement, customer orientation and collaboration between participants. Social implications Project evaluation between the project participants’ enhance collaboration and mutual learning. Originality/value Multi-company project evaluation is a new and promising topic in performance measurement which holds potential for performance improvement through the utilization of network information and team dynamics. The study presents its wider utility as the basis of national, company and project BM.

APA, Harvard, Vancouver, ISO, and other styles

9

Minnullina, Anna, and Ruslan Minnullin. "Performance evaluation of the companies constructing highways." MATEC Web of Conferences 239 (2018): 08006. http://dx.doi.org/10.1051/matecconf/201823908006.

Full text

Abstract:

Methodical bases for performance evaluation of the road construction company which is carrying out highway construction are based on integrated indicator calculation. This indicator considers interrelation of various internal and external environment factors. These factors are subdivided into three main groups by the authors: organizational and technological factors, technical factors and financial and economic factors. The suggested method of integrated indicator calculation for performance evaluation has been tested in the Tyumen road construction company. Testing confirms an opportunity to estimate the company position and utilization flexibility of calculation in practice.

APA, Harvard, Vancouver, ISO, and other styles

10

Daňo, Matej, Natália Horňáková, Helena Vidová, and Sebastian Saniuk. "A Company Level Performance Measurement through the Evaluation of Production Processes Performance." Applied Mechanics and Materials 708 (December 2014): 233–38. http://dx.doi.org/10.4028/www.scientific.net/amm.708.233.

Full text

Abstract:

The presented paper is aimed at assessing the level of performance through an industrial company endpoints indicators, in which the efficiency and performance of business processes is transformed to. The paper describes the concept of company performance based on theoretical knowledge of authors from Slovakia as well as developed economies. It also provides concrete examples of financial and non-financial indicators and informs professionals and general public with a number of additional indicators. Likewise the paper characterizes most famous concepts of measurement and management of company performance based on results of a survey which was conducted by the Institute of Industrial Engineering and Management MTF STU in Trnava, as a part of the research project VEGA No. 1/0787 / 12th. Authors attach great importance to measure the process performance as an important part of performance measurement of an industrial company. They introduce the procedures for measuring the manufacturing processes, whole range of specific performance indicators of production processes as well as different methods of measuring the performance of production processes and the company as a whole unit. The level of significance is designed for each proposed indicator and measurement result consists of value reflecting the overall company performance (various departments), which can be used as a benchmark for individual departments or plants within a particular multinational group.

APA, Harvard, Vancouver, ISO, and other styles

11

Kang, He‐Yau, and Amy H. I. Lee. "A new supplier performance evaluation model." Kybernetes 39, no. 1 (March 16, 2010): 37–54. http://dx.doi.org/10.1108/03684921011021264.

Full text

Abstract:

PurposeMost industries have become increasingly competitive nowadays, and a good supply chain relationship is essential for a company to survive and to acquire reasonable profit. Therefore, supplier selection is very important. The purpose of this paper is to propose a novel model for evaluating the performance of suppliers.Design/methodology/approachA supplier performance evaluation model based on analytic hierarchy process (AHP) and data envelopment analysis (DEA) is constructed. DEA is applied first to evaluate quantitative factors, and the results are transformed into pairwise comparison values for AHP analysis. Qualitative factors are also evaluated through AHP analysis, and a final ranking of suppliers can be obtained by combining the quantitative and qualitative results.FindingsThe proposed model can be applied to evaluate and select the most appropriate integrated circuit packaging company for outsourcing. With the incorporation of experts' opinions and the consideration of qualitative and quantitative factors, the model can provide a both subjective and objective supplier performance ranking.Practical implicationsThe proposed model can be tailored and applied to supplier evaluation and selection in other industries.Originality/valueAlthough many models are available for supplier evaluation, this paper considers both the subjective and objective performance characteristics simultaneously in the evaluation process.

APA, Harvard, Vancouver, ISO, and other styles

12

P. "Supplier Selection and Performance Evaluation of Telecommunication Company." American Journal of Engineering and Applied Sciences 5, no. 1 (January 1, 2012): 49–52. http://dx.doi.org/10.3844/ajeassp.2012.49.52.

Full text

APA, Harvard, Vancouver, ISO, and other styles

13

Mardallena, Shinta, Melen Melen, Denen Davinelya, and Noerlina Noerlina. "ERP System Evaluation on SOFI XP Based Accounting Module in Software House Industry." ComTech: Computer, Mathematics and Engineering Applications 6, no. 3 (September 1, 2015): 360. http://dx.doi.org/10.21512/comtech.v6i3.2224.

Full text

Abstract:

Accounting module is an important module for a company business process. The roles are in the form of parameter calculation of profits, losses and financial performance based on transaction, which basically is a real-time reporting system. The amount of company needs on accounting indicates that the accounting is one of the resources which support the establishment of a company. Thus, the company constantly improves the accounting performance, especially in handling of receivables, debts, and cash transactions. Evaluations which were performed at SOFI XP-based ERP system aims to provide a solution to a problem that was discovered during the analysis of the system needs. This evaluation was done in two stages: by collecting data and analyzing the system that running in the company. By doing this evaluation, the documentation of system performance and the solution for problems that were found in the company can be generated.

APA, Harvard, Vancouver, ISO, and other styles

14

Sheng, Yu Kui, and Wan Lian Lan. "Application of ID3 Algorithm in Logistics Performance Evaluation." Key Engineering Materials 480-481 (June 2011): 723–26. http://dx.doi.org/10.4028/www.scientific.net/kem.480-481.723.

Full text

Abstract:

It is of vital importance to evaluate logistics performance of logistics company along with fiercer competition. ID3 algorithm is an effective method. In this paper, fisrtly we introduce ID3 algorithm. Then we apply it to evaluate logistics performance of a logistics company.

APA, Harvard, Vancouver, ISO, and other styles

15

Ahaverdiieva, Khalida. "Comprehensive staff evaluation." SHS Web of Conferences 67 (2019): 06002. http://dx.doi.org/10.1051/shsconf/20196706002.

Full text

Abstract:

Evaluation is indispensable for the staff management system of any company, as according to evaluation data any reasonable managerial decisions can be made in the field of staff rotation, training, establishment of salary amount, etc. The evaluation results constitute an important factor of performance motivation and positive change in approaches towards professional experience. Due to staff evaluation the efficient company can be established that ensures better conditions for development and growth of the employees. Performance evaluation of various officials varies depending on tasks, importance, values, difficulty of scoring. Thus, staff evaluation may be considered as a part of the staff management system and independent evaluation system to be applied within any company in a particular form. The article proposes a method of personnel assessment using a comprehensive assessment. It proposes the scale of evaluation, which is used to implement actions for measuring of the bonuses and personnel developing of the enterprise. A number of criteria for evaluating staff have been set. It distributes the share of each criterion in total amount, certain levels and their scores are also determined.

APA, Harvard, Vancouver, ISO, and other styles

16

Kolibáčová, Gabriela. "The Relationship Between Competency and Performance." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 62, no. 6 (2014): 1315–27. http://dx.doi.org/10.11118/actaun201462061315.

Full text

Abstract:

The aim of this paper is to describe the relationship between the competencies of employees and their performance in one particular company. Semi-structured interviews and analysis of internal documents of the company took place between 2010 and 2011 and led to the characterisation of the competency and performance evaluation system. The tools of evaluation used by the company are described. The evaluation of competency and performance of 110 employees made by 22 evaluators is an input to quantitative research. Calculations include data on the evaluation of all employees who met the following conditions: (1) the employment lasted throughout the test period from 2007 to 2009, (2) employee’s performance was evaluated regularly in the given period, (3) employees’ competencies were assessed in 2007. Null hypothesis, which has not been accepted, says that there is no relationship between competency and employee’s performance. The results of the research suggest that when the competency rate of one employee is a unit higher than the competency rate of another employee, it can be assumed that his performance rate is 7 to 12.5% higher.Recommendations for improving of the evaluation system of the company, which can be used in any company where employees’ performance and competencies are evaluated, are formulated in the discussion.This study contributes to the management literature by enriched sources of information about the relationship between employee’s competency and employee’s performance. From the practical point of view, the result supports investing of time and money in staff development, aimed at enhancing their competencies in order to achieve higher performance of individuals, hence the whole company.

APA, Harvard, Vancouver, ISO, and other styles

17

Crawford, Dean, and Eleanor G. Henry. "Budgeting and Performance Evaluation at the Berkshire Toy Company." Issues in Accounting Education 15, no. 2 (May 1, 2000): 283–309. http://dx.doi.org/10.2308/iace.2000.15.2.283.

Full text

Abstract:

This case provides an opportunity to study budgets, budget variances, and performance evaluation at several levels. As a purely mechanical problem, the case asks for calculations of various price, efficiency, spending, and volume variances from a set of budgets and actual results. The case is also an interpretive exercise. After the variances have been computed, the next step is to develop plausible conjectures about their likely causes. Finally, it is a case about performance evaluation and responsibility accounting. The company has an incentive plan, based on the budget variances, that needs to be analyzed and critiqued.

APA, Harvard, Vancouver, ISO, and other styles

18

Menčik, Tea, Sendi Deželić, and Ana Skledar Ćorluka. "EMPLOYEES PERFORMANCE EVALUATION AND REWARD SYSTEM IN INSURANCE COMPANY." FBIM Transactions 5, no. 2 (July 15, 2017): 76–83. http://dx.doi.org/10.12709/fbim.05.05.02.08.

Full text

APA, Harvard, Vancouver, ISO, and other styles

19

Lickteig, Carl W. "Evaluation of Digital Communications on Performance of an Armor Battalion." Proceedings of the Human Factors and Ergonomics Society Annual Meeting 39, no. 19 (October 1995): 1238–42. http://dx.doi.org/10.1177/154193129503901903.

Full text

Abstract:

The U.S. Army is forging a digital communication system for combat vehicles as we enter the Information Age. Justification for this investment assumes it will improve soldier and unit performance. This evaluation assessed the performance of an armor battalion equipped with digital command, control and communication systems that vertically linked its platoon, company and battalion echelons in distributed interactive simulation. Participants included 210 soldiers in duty assignments that included a fully-manned, point platoon operating under company and battalion level commanders. Findings indicated that digital communication systems can provide significant improvements, over voice-only communications, on some important measures tested under an armor battalion's maneuver functions: move on the surface, navigate, process direct fire targets, and engage direct fire targets. The evaluation's method provides an example of how soldier-in-the-loop simulation can efficiently assess performance improvements anticipated from technologies such as digital communication systems, prior to critical but costly field evaluation.

APA, Harvard, Vancouver, ISO, and other styles

20

Vieira, Rui, Brendan O’Dwyer, and Roman Schneider. "Aligning Strategy and Performance Management Systems." Organization & Environment 30, no. 1 (August 1, 2016): 3–26. http://dx.doi.org/10.1177/1086026615623058.

Full text

Abstract:

This article presents a case study examining the problems and possibilities of performance management in a wind-farm company. Drawing on Ferreira and Otley’s recently developed performance management systems (PMSs) framework, the study demonstrates how the framework facilitates in-depth, holistic, and critical evaluations of existing PMSs, and how these evaluations can drive the development of revised PMSs that balance economic, social, and environmental goals. This integrated focus on PMS evaluation and design is unique as earlier work seeking to develop systems to promote and measure sustainable performance tends to establish them in isolation from informed evaluations of existing systems. Drawing on the case analysis, the article proposes a form of “sustainable balanced scorecard” to enable a company to streamline its management decision making. It also offers guidance for companies on the development of PMSs that can contribute to their survival and growth in a wind energy sector characterized by increasing competition.

APA, Harvard, Vancouver, ISO, and other styles

21

Schuyler, J. R. "Best Practices in Project Evaluation and Influence on Company Performance." Journal of Petroleum Technology 49, no. 08 (August 1, 1997): 818–23. http://dx.doi.org/10.2118/0897-0818-jpt.

Full text

APA, Harvard, Vancouver, ISO, and other styles

22

Gaifullina, M. M., V. M. Makov, and Yu A. Pavlova. "A methodological approach to performance evaluation of oil company restructuring." Economic Analysis: Theory and Practice 17, no. 2 (February 27, 2018): 324–39. http://dx.doi.org/10.24891/ea.17.2.324.

Full text

APA, Harvard, Vancouver, ISO, and other styles

23

Driva, Helen, Kulwant S. Pawar, and Unny Menon. "Performance evaluation of new product development from a company perspective." Integrated Manufacturing Systems 12, no. 5 (September 2001): 368–78. http://dx.doi.org/10.1108/eum0000000005714.

Full text

APA, Harvard, Vancouver, ISO, and other styles

24

Dehnel, Grażyna, Michał Pietrzak, and Łukasz Wawrowski. "An Evaluation of Company Performance Using the Fay-Herriot Model." Argumenta Oeconomica Cracoviensia, no. 16 (2017): 23–36. http://dx.doi.org/10.15678/aoc.2017.1602.

Full text

APA, Harvard, Vancouver, ISO, and other styles

25

Maňák, Radim. "Statistical Evaluation Of Work Performance Factors." International Journal of Entrepreneurial Knowledge 3, no. 1 (June 1, 2015): 32–45. http://dx.doi.org/10.1515/ijek-2015-0009.

Full text

Abstract:

Abstract The paper deals with work performance as a complex of different areas and views. The goal of the presented paper is to evaluate the dependences between various work performance aspects and various types of companies. It is based on an empirical research, which was realized with help of a written questionnaire, and statistical evaluation of gained data. The results should show to which extend the type of company influences approach to work performance and the correlations between individual aspects of performance.

APA, Harvard, Vancouver, ISO, and other styles

26

Hwang, Ming-Hon, and Hsin Rau. "Design and planning of the balanced scorecard: A case study." Human Systems Management 26, no. 3 (September 10, 2007): 217–27. http://dx.doi.org/10.3233/hsm-2007-26307.

Full text

Abstract:

In the industrial economy, evaluating company performance based on financial results was good enough. However, in the current globalized and highly competitive environment, maintaining long term competitiveness requires companies to engage in overall strategic planning and performance evaluation. The balanced scorecard is a tool or method for balancing an organization's performance and can react to situations where a company's direction becomes disoriented. This approach assists in strategy planning, process management, and performance evaluation from four perspectives, including financial, customer, internal process, and learning and growth. Good strategy planning provides companies with a correct management direction, correct process management ensures the efficient execution of plans, and correct performance evaluation illustrates the execution results. This study mainly focuses on how a large rubber company in Taiwan utilizes the balanced scorecard in its organization. As the technical perspective is important in the rubber keypad industry, besides the four above perspectives, this company has added the technical perspective. By introducing this company and its progress in implementing the balanced scorecard, this study hopes to provide other companies, especially rubber companies, with a planning direction and reference for the future implementation of the balanced scorecard.

APA, Harvard, Vancouver, ISO, and other styles

27

Ortas, Eduardo, José M. Moneva, and Igor Álvarez. "Sustainable supply chain and company performance." Supply Chain Management: An International Journal 19, no. 3 (May 6, 2014): 332–50. http://dx.doi.org/10.1108/scm-12-2013-0444.

Full text

Abstract:

Purpose – This paper aims to investigate the link between a sustainable supply chain and companies’ financial performance (FP) and provide empirical evidence about the relationship between these two constructs. This link is an important, but still unclear, subject. Design/methodology/approach – Multivariate measures of sustainable supply chain performance and companies’ FP are used for Granger causality tests on a large, diverse sample of 3,900 companies in a time frame of eight years (2004-2011). Findings – Results indicate general bidirectional causality between sustainable supply chain performance and companies’ margins and revenue. However, the link between firms’ profitability and sustainable supply chain performance is unidirectional. In addition, the recent financial crisis altered this link between the studied constructs. Finally, a wide diversity in relationship patterns between sustainable supply chain performance and companies’ FP emerges when the full sample is divided into different geographical regions and economic sectors as specified by the Global Industry Classification Standard system. Practical implications – This research makes recommendations for improving several processes, such as stakeholder evaluation of the sustainable supply chain performance of companies worldwide and manager testing of environmental policy outcomes. Originality/value – Building on the mostly qualitative literature on sustainable supply chain performance and companies’ FP, this research provides quantitative evidence of the gaps between these constructs. This research contributes to the discussions of supply chain management, environmental practices and the drivers of companies’ environmental and financial success.

APA, Harvard, Vancouver, ISO, and other styles

28

Siti-Nabiha, A. K. "Performance Management System at Gas Company." Asian Case Research Journal 14, no. 01 (June 2010): 95–115. http://dx.doi.org/10.1142/s0218927510001325.

Full text

Abstract:

The case is about the implementation of a performance management system (PMS) in ALPHA, a gas processing company. ALPHA is also a subsidiary of a multinational company based in Malaysia. The new performance management system was imposed on ALPHA by its parent company. The PMS integrates the following key management processes, i.e. strategic planning, portfolio management, resource allocation, performance measurement and reporting and executive compensation in the organization. The ultimate aim of the new system is to ensure that the focus of business activities is on economic value creation. At the heart of this system is the use of key performance indicators (KPIs) for each of the management processes coupled with performance targets for all the KPIs. However, there were various implementation problems in the company. The employees had difficulty in formulating their performance indicators. There was also confusion and anxiety among the organizational members regarding the new system, specifically on how it would impact on their performance appraisal. Consequently, most of the employees formulated two sets of indicators, one to be used for their performance appraisal and another indicator for the performance management system, which is not used in their evaluation system. Ms. Marinah, the General Manager of the Finance Division and also the person responsible for the implementation of the new performance management system needs to make a decision as to whether to continue the usage of two sets of indicators for the parent company or to brief the managers again about the usage of value based indicators for their appraisal system.

APA, Harvard, Vancouver, ISO, and other styles

29

Neogy, Taposh Kumar. "Evaluation of the Companies’ Performance: A Study on Mobile Telecommunication Companies in Bangladesh." American Journal of Trade and Policy 1, no. 2 (August 31, 2014): 79–84. http://dx.doi.org/10.18034/ajtp.v1i2.367.

Full text

Abstract:

In the evaluation of the operating results of the selected mobile telecommunication companies, it is evident that the Company # 1 could earn good profit during the study period but the performance of Company # 2 is not satisfactory because it has been continuously facing loss for the last several years with the exception of 2011. The operating performance of Company # 1 is better than that of Company # 2 during the period under study. In addition, some hypotheses have developed regarding the operating results and all hypotheses are rejected which indicate that there is significant difference in operating results of the selected mobile telecommunication companies during the period under study.

APA, Harvard, Vancouver, ISO, and other styles

30

Harefa, Adwita. "Persepsi Fairness Atas Sistem Evaluasi Kinerja." Journal of Accounting, Finance, Taxation, and Auditing (JAFTA) 3, no. 1 (March 30, 2021): 95–102. http://dx.doi.org/10.28932/jafta.v3i1.3411.

Full text

Abstract:

Abstract This study aims to determine performance evaluation system and fairness perception in performance evaluation system in manufacturing, merchandising and service business. The data acquisition was done using a survey method across company staffs over Sumatera, Java, Kalimantan, Sulawesi and Papua. Performance evaluation system is an essential component in a company’s financial and non-financial performance. This study shows that there are still perception gaps among manufacturing, merchandising and service business regarding procedural fairness for performance evaluation system. The result suggests company managements to consider a fair performance evaluation system in order to minimize conflict and tension while increasing both sense of justice and employee satisfaction in performance evaluation. Keywords: performance evaluation system, fairness perception

APA, Harvard, Vancouver, ISO, and other styles

31

Spahija, S., E. Shehi, and G. Guxho. "Evaluation of production effectiveness in garment companies through key performance indicators." Autex Research Journal 12, no. 2 (October 1, 2012): 62–66. http://dx.doi.org/10.2478/v10304-012-0012-x.

Full text

Abstract:

Abstract Key Performance Indicators help an organisation to improve productivity and to evaluate its success. Improved productivity is an essential part of increasing the value-added services that companies can offer to clients and hence their competitiveness. By using Key Performance Indicators, a company can establish baseline figures against a number of important areas. They can be considered like a health check on a company or a diagnosis of where a company can improve its performance. The definition of what they are and how they are measured does not change often, but Key Performance Indicators may change as the organisation's goals change. In this paper we present and discuss the way to establish Key Performance Indicators to evaluate the production effectiveness of garment companies. The KPIs are being tested in several garment companies in Albania and actually implemented in 25 companies.

APA, Harvard, Vancouver, ISO, and other styles

32

Haršányová, Petra, Jaromíra Vaňová, and Miloš Čambál. "Business Performance in the Context of Corporate Culture." Research Papers Faculty of Materials Science and Technology Slovak University of Technology 24, no. 37 (June 1, 2016): 33–38. http://dx.doi.org/10.1515/rput-2016-0004.

Full text

Abstract:

Abstract Corporate culture is defined as a set of ideas, attitudes, values and behaviour patterns, which are generally accepted and preferred in a company. Company performance is the company’s ability to achieve the best results through an evaluation of its assumptions. The article is focused on identifying factors in corporate culture, which changes can increase working satisfaction of employees through targeted shaping of corporate culture, which is ultimately reflected in the performance of the company as a whole.

APA, Harvard, Vancouver, ISO, and other styles

33

Niu, Dong Xiao, Kun Zhou, Ying Ying Li, and Fang Fang. "Evaluation of Grid Performance Based on Grey AHP Model." Advanced Materials Research 341-342 (September 2011): 490–93. http://dx.doi.org/10.4028/www.scientific.net/amr.341-342.490.

Full text

Abstract:

This paper establishes a grey AHP model and an index system of grid performance, Science and rationality of the grey AHP model has been demonstrated through evaluating grid performance of a power supply company.

APA, Harvard, Vancouver, ISO, and other styles

34

Hartono, Wendra, and Gracia Ongkowijoyo. "Financial Performance Evaluation of PT. Telekomunikasi Indonesia, Tbk. and PT. Indosat, Tbk." JOURNAL OF ACCOUNTING, ENTREPRENEURSHIP AND FINANCIAL TECHNOLOGY (JAEF) 1, no. 1 (October 1, 2019): 77–96. http://dx.doi.org/10.37715/jaef.v1i1.1000.

Full text

Abstract:

Two telecommunications companies in Indonesia have their names listed in Indonesian Stock Exchange (IDX) namely, PT. Indosat, Tbk. (ISAT) and PT Telekomunikasi Indonesia (TLKM) have enlivened the telecommunication industry. This study aims to evaluate the performance of two telecommunications companies in Indonesia by assessing, comparing and analyzing fundamentally, technically and news or company policies occurred in the field during 2017 - May 2018. In Fundamental Analysis, the two companies are categorized as companies that have a good financial condition. However, in the second semester of 2017, telecommunication companies experienced a significant decline in market value, which was contrary to the fundamental analysis. If viewed from a technical perspective, this telecommunication service company has good prospects for the future. Company policy or news is also one of the determining factors for the increase or decrease in stock prices. The overall results of the study concluded that TLKM shares have a fundamental, and technical, that is better than ISAT, while news and company policies can be investors' supporting data in determining stock purchases.

APA, Harvard, Vancouver, ISO, and other styles

35

Su, Hai Tao, Hai Qing Guo, and Xiao Wei Ma. "Research on Automobile Suppliers Evaluation Based on Statistical Analysis." Applied Mechanics and Materials 55-57 (May 2011): 643–47. http://dx.doi.org/10.4028/www.scientific.net/amm.55-57.643.

Full text

Abstract:

The service performance of suppliers is key concerns for the enterprises in recent years, and there are lots of methods to evaluate the performance of suppliers, especially for the automotive company. This paper preliminary analyzed the literatures of the suppliers’ evaluation, and summarized the main contents and methods used to evaluate the suppliers of automobile enterprise which are being focused on by many scholars. And then, the actual case is applied , a automobile enterprise has built 22 indexes to evaluate the performance of its parts suppliers in China, by use of SPSS, the results of parts suppliers evaluation were analyzed. The overall supply capacity remained stable, to some extent, declined partly, the joint venture company (in China) got the lowest mean, which have the remarkably difference from the private company and the joint venture company (out of China). So it is crucial to take the further measures to improve the service and product quality of these two parts suppliers.

APA, Harvard, Vancouver, ISO, and other styles

36

Lauesen, Linne Marie. "Sustainable investment evaluation by means of life cycle assessment." Social Responsibility Journal 15, no. 3 (May 7, 2019): 347–64. http://dx.doi.org/10.1108/srj-03-2018-0054.

Full text

Abstract:

Purpose Sustainability investors are in need of updated standards, indexes and in general better tools and instruments to facilitate company information on its impacts on people, planet and profit. Such instruments to reveal reliable, independent metrics and indicators to evaluate companies’ performances on sustainability exist, however, in research fields that previously have not been used extensively, for instance, life cycle assessments (LCAs). ISO 14001:2015 has implemented life cycle perspective, however, without being explicitly clear on which methodology is preferred. This paper aims to investigate LCA as to improve companies’ transparency towards sustainability investors through a literature review on sustainable investment evaluation. Design/methodology/approach The literature review is conducted through the search engine Google Scholar, which to date hosts the most comprehensive academic database across other databases such as Scopus, ISI Web of Knowledge, Science Direct, etc. Search words such as “Sustainable finance”, “Sustainable Investments”, “Performance metrics”, “Life cycle assessment”, “LCA”, “Environmental Management Systems”, “EMS” and “Environmental Profit and Loss Account” were used. Special journals that publish research on LCA such as International Journal of Life Cycle Assessment, Journal of Cleaner Production and Journal of Industrial Ecology were also investigated in-depth. Findings The combination of using LCA in, for instance, environmental profit and loss accounts studied in this paper shows a comprehensive and reliable tool for sustainability investors, as well as for social responsibility standards such as ISO 14001, ISO 26000, UN Global Compact, GIIN, IRIS and GRI to incorporate. With a LCA-based hybrid input-output account, both upstream and downstream’s impact on the environment and society can be assessed by companies to attract more funding from sustainability investors such as shareholders, governments and intergovernmental bodies. Research limitations/implications The literature review is based on publicly disclosed academic papers as well as five displayed company Environmental Profit and Loss accounts from the Kering Group, PUMA, Stella McCartney company, Novo Nordisk and Arla Group. Other company experiences with integration of LCA as a reporting tool have not been found, yet it is not to conclude that these five companies are the only ones to work extensively with LCA. Practical implications The paper may contribute to the clarification of LCA-thinking and perspective implementation in both ISO 14001 and ISO 26000, as well as in other social responsibility standards such as the UN Global Compact, the Global Impact Investing Networks, IRIS performance metrics, the Global Reporting Initiative and others. Originality/value The paper is one of the first that evaluates LCA and environmental profit and loss accounts for sustainability investors, as well as for consideration of implementation in social responsibility standards such as the ISO 14001 and ISO 26000, as well as in other social responsibility standards such as the UN Global Compact, the Global Impact Investing Networks, IRIS performance metrics and the Global Reporting Initiative.

APA, Harvard, Vancouver, ISO, and other styles

37

Bertels, K., J. M. Jacques, L. Neuberg, and L. Gatot. "Qualitative company performance evaluation: Linear discriminant analysis and neural network models." European Journal of Operational Research 115, no. 3 (June 1999): 608–15. http://dx.doi.org/10.1016/s0377-2217(98)00161-1.

Full text

APA, Harvard, Vancouver, ISO, and other styles

38

Sadrija, ThĂ«llĂ«za Latifi. "PERFORMANCE EVALUATION IN KOSOVO ORGANIZATIONS." CBU International Conference Proceedings 5 (September 22, 2017): 269–75. http://dx.doi.org/10.12955/cbup.v5.937.

Full text

Abstract:

The performance means the behavior and the resultant measured based on certain activities and duties. Enterprises performance could be measured thanks to indicators that express the quality of its activities. While, for individuals and groups, it is hard to identify the link between their performance and that of the company. Performance evaluation is an instrument through which the employees within the organization can reflect, discuss and change their work method that influences the organizational effectiveness. The focus of this paper is to argue that effective performance, feedback, and employee training are necessary for the success of an organization, and at the same time the development plan to support the employees in achieving the best possible results is necessary too. The employeesâ€™ training in Kosovoâ€™s enterprises is closely related to the organization, and the planning of employees in a way to so they are prepared at a national level and the attempt to exchange employees and train them in international level. This would affect the effective performance and cultures exchanged.

APA, Harvard, Vancouver, ISO, and other styles

39

Widayati, Tri, and Nugroho Sumarjiyanto Benedictus Maria. "Efektifitas Keputusan Manajemen Dalam Penilaian Kinerja Karyawan Menerapkan Metode Weigthed Product (WP)." JURNAL MEDIA INFORMATIKA BUDIDARMA 4, no. 3 (July 20, 2020): 612. http://dx.doi.org/10.30865/mib.v4i3.2176.

Full text

Abstract:

Performance appraisal of employees is an important thing to do by government agencies and private companies. It is useful to see, monitor the level and quality of work given by an employee to his company in order to create a company that is able to achieve the goals of each company by starting to do evaluation of HR (Human Resources) because in the business and management world says that a great company is a company that is able to manage its human resources. In employee performance appraisal, each company has their own way and certainly different in the actual practice of employee performance appraisal activities must be done properly and fairly as possible to eliminate social gaps in the world of work and reduce the occurrence of errors in granting an assessment of the performance of each each company employee and the results obtained after employees are given an assessment of their performance are expected to grow and influence the level of loyalty given by employees to the company and foster high self-motivation for the progress of the company itself. In evaluating employee performance, there are several tools that can be used, one of which is a decision support system that will process some of the criteria set by the company using the Weighted Product (WP) method

APA, Harvard, Vancouver, ISO, and other styles

40

Lima Junior, Francisco Rodrigues, and Michael Hsiao. "A Hesitant Fuzzy TOPSIS model to supplier performance evaluation." DYNA 88, no. 216 (February 23, 2021): 126–35. http://dx.doi.org/10.15446/dyna.v88n216.88320.

Full text

Abstract:

Supplier performance evaluation is a decision-making problem that involves quantitative and qualitative metrics. Although several models that allow the use of linguistic terms such as "low" and "high" to evaluate suppliers, none of them enables the application of linguistic expressions, which is especially useful when decision makers hesitates to express their evaluations. This study proposes a model based on the Hesitant Fuzzy TOPSIS method to support the supplier performance evaluation. A pilot application was carried out in an automotive company considering 8 suppliers and 10 criteria. When compared to previous similar approaches, the proposed model presented the following advantages: it enables the use of linguistic expressions to assess the supplier performance in each criterion; it groups suppliers with similar levels of performance to develop appropriate management actions; and does not limit the number of criteria and suppliers evaluated.

APA, Harvard, Vancouver, ISO, and other styles

41

Fırat, Seniye Ümit Oktay, Mahmure Övül Arıoğlu Akan, Ece Ersoy, Serpil Gök, and Uğur Ünal. "A Six Sigma DMAIC Process for Supplier Performance Evaluation using AHP and Kano's Model." International Journal of Business Analytics 4, no. 2 (April 2017): 37–61. http://dx.doi.org/10.4018/ijban.2017040103.

Full text

Abstract:

The suppliers, which are one of the most important actors in the supply chain, have a significant effect on the performances of their customer firms. Hence, supplier performance evaluation has become a competitive tool in today's goods and service producing industries. This paper presents a supplier performance evaluation process developed using the Six Sigma Define – Measure – Analyse – Improve – Control (DMAIC) methodology. The proposed process has been applied in a central services company, where the suppliers had never been evaluated before. To this end, first of all, the evaluation criteria have been defined through brainstorming and meetings within the company, then weighted with Analytical Hierarchy Process (AHP), and categorized according to Kano's Model. Afterwards, suppliers have been scored and classified based on a proposed methodology using a modified version of Kano's model, and thus, the proposed process has proven to be useful in real life industrial applications.

APA, Harvard, Vancouver, ISO, and other styles

42

Xiao, Hanxiong, Jianhui Liao, and Xiaobin Lin. "Construction of the Performance Evaluation System of State-owned Capital Investment Company." E3S Web of Conferences 275 (2021): 03052. http://dx.doi.org/10.1051/e3sconf/202127503052.

Full text

Abstract:

The functional differences between state-owned capital investment companies and production-oriented state-owned enterprises determine the need to reconstruct the performance evaluation system of state-owned capital specialized operation. Based on the goal of specialized operation of state-owned capital, this paper puts forward the ideas and principles of selecting performance indicators, and constructs the evaluation index system.

APA, Harvard, Vancouver, ISO, and other styles

43

Calixto, Nelito, and João Ferreira. "Salespeople Performance Evaluation with Predictive Analytics in B2B." Applied Sciences 10, no. 11 (June 11, 2020): 4036. http://dx.doi.org/10.3390/app10114036.

Full text

Abstract:

Performance Evaluation is a process that occurs multiple times per year on a company. During this process, the manager and the salesperson evaluate how the salesperson performed on numerous Key Performance Indicators (KPIs). To prepare the evaluation meeting, managers have to gather data from Customer Relationship Management System, Financial Systems, Excel files, among others, leading to a very time-consuming process. The result of the Performance Evaluation is a classification followed by actions to improve the performance where it is needed. Nowadays, through predictive analytics technologies, it is possible to make classifications based on data. In this work, the authors applied a Naive Bayes model over a dataset that is composed by sales from 594 salespeople along 3 years from a global freight forwarding company, to classify salespeople into pre-defined categories provided by the business. The classification is done in 3 classes, being: Not Performing, Good, and Outstanding. The classification was achieved based on KPI’s like growth volume and percentage, sales variability along the year, opportunities created, customer base line, target achievement among others. The authors assessed the performance of the model with a confusion matrix and other techniques like True Positives, True Negatives, and F1 score. The results showed an accuracy of 92.50% for the whole model.

APA, Harvard, Vancouver, ISO, and other styles

44

Szabó, Peter, Miroslava Mĺkva, Jaromíra Vaňová, and Petra Marková. "Employee Performance in the Context of the Problems of Measurement and Evaluation in Practice." Research Papers Faculty of Materials Science and Technology Slovak University of Technology 25, no. 41 (September 26, 2017): 63–70. http://dx.doi.org/10.1515/rput-2017-0022.

Full text

Abstract:

Abstract Employee performance is a condition and an assumption for the performance and success of a company on the market. In order to ensure competitive ability, the quality of human resources, their management, and related measurement and performance assessment are at the forefront of company interest. Employee assessment affects the performance, development and motivation of people and also provides the necessary information about the employees. It allows the organization to monitor employee performance and compare their work with other collaborators. Many companies have the problem of setting up evaluation system so that it carried itself elements of responsibility and objectivity. The result of conceptual work in this area is the ultimate use of tools whose deployment, if possible, motivates employees to perform better. The aim of the paper is to refer to problems that arise in companies in evaluating the performance of employees.

APA, Harvard, Vancouver, ISO, and other styles

45

Iranzadeh, Soleyman, Sadegheh Hosseinzadeh Nojehdeh, and Nahideh Najafi Emami. "The Impact of the Implication of Balanced Scorecard Model (BSC) in Performance of the Post Company." Problems and Perspectives in Management 15, no. 4 (December 25, 2017): 188–96. http://dx.doi.org/10.21511/ppm.15(4-1).2017.03.

Full text

Abstract:

Balanced scorecard model is a method to evaluate and control programs with adequate consistency. According to it, a certain organization is evaluated and controlled in terms of financial aspect, together with growth and learning, internal business processes and customer aspects. This research is practical in purpose and a descriptive inferential method has been used to collect data in addition to utilizing five-scale Likert questionnaire. In order to increase the accuracy of the study, all 320 employees of post company have been under evaluation. A one-sample t-test has been used to analyze the questions of the study. Furthermore, Friedman test has been used to investigate the differences among groups. The results of testing the hypotheses indicate the effect of growth and learning of the employees of post company, as well as internal business processes, customer and financial aspects on the performance of the post company. Moreover, Friedman test probing the differences among groups shows that internal business processes and customer variables have the most significant impact upon the performance of the post company, while growth and learning and financial aspects have the least significant effect on the performance of the post company.

APA, Harvard, Vancouver, ISO, and other styles

46

Al Kharusi, Sami, and Eşref Savaş Başci. "Financial institutions performance evaluation in a unique developing market using TOPSIS approach." Banks and Bank Systems 12, no. 1 (March 24, 2017): 54–59. http://dx.doi.org/10.21511/bbs.12(1).2017.06.

Full text

Abstract:

Using Technique for Order Performance by Similarity to Ideal Solutions (TOPSIS) approach for the data from 2011 to 2015, the authors investigate the financial performance of 16 different financial institutions in Oman that include nine commercial banks, three specialized banks, two investment companies, and two finance companies. They find that the one investment company, Dhofar International Development and Investment Holding Co., was more efficient in 2015 and 2011. Moreover, Oman Housing Bank was more efficient in 2013 and 2014, while Ahli Bank was more efficient in the year 2012. In contrast, Bank Muscat that has the largest total assets was ranked number 16 for the years 2013, 2014 and 2015. As a result of Spearman’s Rho (Rank-Order) Correlation, all ranked results are related to other years. If a bank is at placement in level, it can be affected by year before or year after. But Oman banks’ correlations shows that there are 2 different periods as effecting one year to the other. Keywords: financial institutions performance, TOPSIS, emerging markets, efficiency, decision making criteria. JEL Classification: G21, G23, L25

APA, Harvard, Vancouver, ISO, and other styles

47

He, Bao Cheng, and Hong Tao Jiang. "The Comprehensive Evaluation on Financial Performance of the Ceramic Company Based on Principal Component Analysis." Key Engineering Materials 512-515 (June 2012): 1098–102. http://dx.doi.org/10.4028/www.scientific.net/kem.512-515.1098.

Full text

Abstract:

The ceramic company financial performance indicator has multilayers, many dimensions and intersect characters, and the comprehensive evaluation on it is a big challenge. Firstly, this paper introduces principal component analysis theory and tool. Secondly, it constructs the four-dimensional evaluating indicator system based on “debt-paying ability, operation capability, profitability, and development capability”. In the end, based on the financial report data, this paper conducts an empirical principal component analysis on 20 typical ceramic enterprises’ financial performance. The conclusion is that the ceramic business finance performance is mainly decided by four greatest factors including “debt-paying ability, profitability, efficiency, development” and the impact of the four greatest factors upon the finance performance degree is different. This research’s innovation lies in using the principal components method to give the weight to the evaluating indicators objectively, providing not only the new tool for the ceramic enterprise financial performance assessment method’s evolution, but also the new mentality for the ceramic enterprise financial performance’s improvement.

APA, Harvard, Vancouver, ISO, and other styles

48

Horak, Jakub, Tomas Krulicky, Zuzana Rowland, and Veronika Machova. "Creating a Comprehensive Method for the Evaluation of a Company." Sustainability 12, no. 21 (November 2, 2020): 9114. http://dx.doi.org/10.3390/su12219114.

Full text

Abstract:

For investment purposes, the evaluation of a company is not only a matter for a company itself, but also for shareholders and external persons. There are many methods for evaluating a company. This contribution therefore focuses on the creation of a comprehensive method for the evaluation of an industrial enterprise, one that can be used to predict potential future bankruptcies, using a dataset of financial statements of active companies and those in liquidation in the period 2015–2019. Artificial neural networks were used to process the data, specifically logistic regressions from the data processed in the Statistica and Mathematica software programmes. The results showed that the models created using the Mathematica software are not applicable in practice due to the parameters of the obtained results. In contrast, the artificial neural structures obtained using the neural network model in the Statistica software were prospective due to their performance, which is almost always above 0.8, and the logical economic interpretation of the relevant variables. All the generated and retained networks show excellent performance and few errors. However, one of the artificial structures, network no. 4 (MLP 16-16-2), produces better results than the others. Overall, accuracy is almost 81%. In the case of the classification of companies capable of surviving financial distress, accuracy is almost 90%, with that for the classification of companies at risk of going into bankruptcy at nearly 55%.

APA, Harvard, Vancouver, ISO, and other styles

49

Ghadikolaei, Abdolhamid Safaei, Saber Khalili Esbouei, and Jurgita Antucheviciene. "APPLYING FUZZY MCDM FOR FINANCIAL PERFORMANCE EVALUATION OF IRANIAN COMPANIES." Technological and Economic Development of Economy 20, no. 2 (June 27, 2014): 274–91. http://dx.doi.org/10.3846/20294913.2014.913274.

Full text

Abstract:

Financial performance evaluation is very important in a highly competitive business environment. Accordingly, an accurate and appropriate performance evaluation is critical. Financial performance indicators reflect the competitiveness of a company and they must be carefully identified in the evaluation process. Generally, accounting measures are used for performance evaluation. However, these measures are not sufficient for performance evaluation in the today’s competitive economy. Therefore, value based measures have recently been introduced to express the company value. In this study, a hybrid approach is proposed for financial performance evaluation of automotive companies of Tehran stock exchange (TSE). For this purpose, a hierarchical financial performance evaluation model is structured based on the accounting measures and economic value measures. In this approach Fuzzy Analytic Hierarchy Process (FAHP) is applied to determine weights of criteria. Then the companies are ranked by using Fuzzy VIKOR (VlseKriterijumska Optimizacija I Kompromisno Resenje (in Serbian), Fuzzy Additive Ratio Assessment (ARAS-F) and Fuzzy Complex Proportional Assessment (Fuzzy COPRAS), simultaneously. Also results of three outranking methods are combined by using the mean ranks. The results represented the highest importance of economic value measures than accounting measures in financial performance evaluation of companies. Six companies were ranked applying the proposed approach.

APA, Harvard, Vancouver, ISO, and other styles

50

Shah, S. M. Aamir, and Syed Tahir Hijazi. "Performance Evaluation of Mutual Funds in Pakistan." Pakistan Development Review 44, no. 4II (December 1, 2005): 863–76. http://dx.doi.org/10.30541/v44i4iipp.863-876.

Full text

Abstract:

In Pakistan Mutual Funds were introduced in 1962, when the public offering of National Investment (Unit) Trust (NIT) was introduced which is an open-end mutual fund. In 1966 another fund that is Investment Corporation of Pakistan (ICP) was establishment. ICP subsequently offered a series of closed-end mutual funds. Up to early 1990s, twenty six (26) closed-end ICP mutual funds had been floated by Investment Corporation of Pakistan. After considering the option of restructuring the corporation, government decided to wind up ICP in June, 2000. In 2002, the Government started Privatisation of the Investment Corporation of Pakistan. 25 Out of 26 closed-end funds of ICP were split into two lots. There had been a competitive bidding for the privatisation of funds. Management Right of Lot-A comprising 12 funds was acquired by ABAMCO Limited. Out of these 12, the first 9 funds were merged into a single closed-end fund and that was named as ABAMCO Capital Fund, except 4th ICP mutual fund as the certificate holders of the 4th ICP fund had not approved the scheme of arrangement of Amalgamation into ABAMCO capital fund in their extra ordinary general meeting held on December 20, 2003. The fund has therefore been reorganised as a separate closedend trust and named as ABAMCO Growth Fund. Rest of the three funds were merged into another single and named as ABAMCO Stock Market Fund. So far as the Lot-B is concerned, it comprised of 13 ICP funds, for all of these thirteen funds, the Management Right was acquired by PICIC Asset Management Company Limited. All of these thirteen funds were merged into a single closed-end fund which was named as “PICIC Investment Fund”. Later on the 26th fund of ICP (ICP-SEMF) was also acquired by PICIC Asset Management Company Limited.

APA, Harvard, Vancouver, ISO, and other styles

Journal articles on the topic 'Evaluation of company performance'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles