Journal articles: 'Financial performance evaluation'

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Chaudhuri, Kausik, and Tirthankar Chowdhury. "Financial Performance Evaluation." Journal of Emerging Market Finance 11, no. 1 (March 13, 2012): 1–36. http://dx.doi.org/10.1177/097265271101100101.

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Ferson, Wayne E. "Investment Performance Evaluation." Annual Review of Financial Economics 2, no. 1 (December 2010): 207–34. http://dx.doi.org/10.1146/annurev-financial-120209-134007.

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ma, He, and Bindu Roy. "Performance Evaluation of Haryana Financial Corporation." IOSR Journal of Business and Management 16, no. 7 (2014): 01–04. http://dx.doi.org/10.9790/487x-16710104.

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Wagner, Wolf. "Performance Evaluation and Financial Market Runs*." Review of Finance 17, no. 2 (April 18, 2012): 597–624. http://dx.doi.org/10.1093/rof/rfs006.

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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.

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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

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Alimohammadlou, Moslem, and Abbas Bonyani. "A novel hybrid MCDM model for financial performance evaluation in Iran's food industry." Accounting and Financial Control 1, no. 2 (December 28, 2017): 38–45. http://dx.doi.org/10.21511/afc.01(2).2017.05.

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The use of financial ratios as the necessary information is considered as one of the noticeable issues for researchers to apply quantitative models for evaluating the performance of institutions. The reason for introducing these new approaches is that the financial ratios cannot individually provide a correct and adequate understanding of an institution’s performance. This study sought to propose a model for evaluating and ranking 14 companies which are considered as the largest companies in Iran’s food industry according to the recent report of Industrial Management institute (IMI). To accomplish this, an integrated model composed of Best-Worst method and PROMETHEE II was used. Results of data analysis revealed that in final evaluation, some companies such as NOOSH MAZAN Co., PYAZR AI Co. and PEGAH ESF Co had higher positions compared to the others.

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Kenneth Malefo, Boikanyo, Heng-Hsing Hsieh, and Kathleen Hodnett. "Performance evaluation of actively managed mutual funds." Investment Management and Financial Innovations 13, no. 4 (December 29, 2016): 188–95. http://dx.doi.org/10.21511/imfi.13(4-1).2016.04.

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Motivated by the growing attraction of the mutual fund industry worldwide, this research seeks to explore the economic benefits contributed by the South African equity unit trust managers over the period from 6 January 2002 to 2 September 2012. The performance statistics of selected equity unit trusts are examined for the overall examination period and two sub-periods: 6 January 2002 to 6 May 2007 and 7 May 2007 to 2 September 2012. The first sub-period captures the bullish performance of the unit trusts before the 2008 global financial crisis. The second sub-period captures the global financial crisis and the European debt crisis before the European Central Bank (ECB) subsequently implemented the outright monetary transactions (OMT) to curb the yields in Eurozone. The risk-adjusted performance measures employed by this study include the Sharpe ratio, M-squared, Treynor measure and Jensen’s alpha. Regardless of the different applications of risk-return parameters employed to evaluate fund performance, the results reveal that, on average, most of the equity unit trust managers in South Africa do not outperform the market proxy on a consistent basis. The majority of the unit trust managers show good performance before the crisis, with subsequent inferiority in performance in turbulent times. Keywords: unit trusts, active portfolio management, passive portfolio management, performance evaluation, efficient market hypothesis (EMH). JEL Classification: G11, G12, G14, G15

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K, Kanika, and Nancy Sahni. "FINANCIAL PERFORMANCE EVALUATION OF RRBs IN INDIA." INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY 4, no. 2 (July 25, 2013): 237–47. http://dx.doi.org/10.24297/ijmit.v4i2.4592.

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The rapid expansion of RRB has helped in reducing substantially the regional disparities in respect of banking facilities in India. The efforts made by RRB in branch expansion, deposit mobilization, rural development and credit d eployment in weaker section of rural areas are appreciable. RRB successfully achieve its objectives like to take banking to door steps of rural households particularly in banking deprived rural area, to avail easy and cheaper credit to weaker rural section who are dependent on private lenders, to encourage rural savings for productive activities, to generate employment in rural areas and to bring down the cost of purveying credit in rural areas. The increase in the number of NPAs and the problem of recovery has necessitated the need to study the financial performance of RRBs. The main objective is to study the growth-pattern and financial performance of Regional Rural Banks in India. The study conducted is descriptive in nature and data is collected from published annual reports of RBI and NABARD for the period 2006-2012. The study has witnessed positive impact on the financial performance of RRBs due to amalgamation and various other factors.

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Gowri, C. Mangala, and Venkataramanaiah Malepati. "Evaluation of financial performance of selected banks." DECISION 44, no. 1 (October 24, 2016): 3–14. http://dx.doi.org/10.1007/s40622-016-0140-6.

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C, Loganathan, Annakkodi M, and Rangasamy S. "Evaluation of Financial Performance using Fuzzy Techniques." International Journal of Mathematics Trends and Technology 66, no. 12 (December 25, 2020): 157–60. http://dx.doi.org/10.14445/22315373/ijmtt-v66i12p521.

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Ritchie, William J., and Robert W. Kolodinsky. "Nonprofit organization financial performance measurement: An evaluation of new and existing financial performance measures." Nonprofit Management and Leadership 13, no. 4 (2003): 367–81. http://dx.doi.org/10.1002/nml.5.

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Young-Soo Yoon and Ho Young Lee. "Effect of Internal Audit Evaluation on Financial and Non-Financial Performance." Korean Journal of Business Ethics 18, no. 1 (July 2018): 1–35. http://dx.doi.org/10.34273/kjbe.2018.18.1.001.

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Coram, Paul J., Theodore J. Mock, and Gary S. Monroe. "Financial analysts' evaluation of enhanced disclosure of non-financial performance indicators." British Accounting Review 43, no. 2 (June 2011): 87–101. http://dx.doi.org/10.1016/j.bar.2011.02.001.

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CHANG, Shun-Chiao, and Pei-Hsuan TSAI. "A HYBRID FINANCIAL PERFORMANCE EVALUATION MODEL FOR WEALTH MANAGEMENT BANKS FOLLOWING THE GLOBAL FINANCIAL CRISIS." Technological and Economic Development of Economy 22, no. 1 (July 9, 2015): 21–46. http://dx.doi.org/10.3846/20294913.2014.986771.

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The study constructs a hybrid approach to financial performance evaluation for wealth management (WM) banks affected by the global financial crisis from the middle of 2007 into 2008 utilizing an analytic hierarchy process (AHP) and the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR). Five aspects of multi-criteria group decision making including service, performance, professionalism, risk control, and consumers’ confidence (SPPRC) reveal that consumers’ confidence, risk control and service are the top three key factors for Taiwan’s seven main WM banks in evaluating the performance of banking managers.

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Zhang, Zhe, Zhi Ye Koh, and Florence Ling. "Benchmarking contractors’ financial performance: case study of Singapore." Journal of Financial Management of Property and Construction 25, no. 2 (March 16, 2020): 183–99. http://dx.doi.org/10.1108/jfmpc-03-2019-0024.

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Purpose This study aims to develop benchmarks of the financial performance of contractors and a decision support tool for evaluation, selection and appointment of contractors. The financial benchmarks allow contractors to know where they are relative to the best-performing contractors, and they can then take steps to improve their own performance. The decision support tool helps clients to decide which contractor should be awarded the project. Design/methodology/approach Financial data between 2013 and 2015 of 44 Singapore-based contractors were acquired from a Singaporean public agency. Benchmarks for Z-score and financial ratios were developed. A decision tree for evaluating contractors was constructed. Findings This study found that between 57% and 64% of contractors stayed in the financially healthy zone from 2013 to 2015. Ratios related to financial liabilities are relatively bad compared with international standards. Research limitations/implications The limitation is that the data is obtained from a cross-sectional survey of contractors’ financial performance in Singapore over a three-year period. Regarding the finding that ratios relating to financial liabilities are weak, the implication is that contractors need to reduce their financial liabilities to achieve a good solvency profile. Contractors may use the benchmarks to check their financial performances relative to that of their competitors. To reduce financial risks, project clients may use these benchmarks to examine contractors’ financial performance. Originality/value This study provides benchmarks for contractors and clients to examine the financial performance of contractors in Singapore. A decision tree is provided to aid clients in making decisions on which contractors to appoint.

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Kotane, Inta. "Evaluating the importance of financial and non-financial indicators for the evaluation of company’s performance." Management Theory and Studies for Rural Business and Infrastructure Development 37, no. 1 (March 23, 2015): 80–94. http://dx.doi.org/10.15544/mts.2015.08.

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The topicality of the research is determined by the studies on financial and non-financial indicators by many authors, although there are difficulties in their practical use since there is no united approach in the measurement and evaluation of both financial and non-financial indicators. The current research is based on the earlier theoretical studies by the author on the use of the financial and non-financial indicators in the evaluation of the company’s performance; as a result of the previous research the groups of the financial and non-financial indicators were established and later on used in the practical research by the author. The aim of the research is to assess the importance of the financial and non-financial indicators in accordance with the opinions of the Latvian business persons and top-level officials of the Latvian companies. The research methods used in the research: information analysis and synthesis, logically constructive method, methods of data classification, comparative method, factor analysis and clustering methods. The results of the research demonstrate that the majority of the respondents find the financial indicators to be moderately important or very important, but the non-financial indicators- highly important. It could be concluded that the non-financial indicators are evaluated higher than the financial indicators, which confirms the necessity to use the non-financial indicators in the evaluation of the company’s performance.

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Anyika, Emma. "Financial Sector Performance Enhancers." International Journal of Social Sciences and Humanities Invention 7, no. 06 (June 29, 2020): 5995–6000. http://dx.doi.org/10.18535/ijsshi/v7i06.02.

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In any state or country there are certain sectors that are relied upon to drive its economy. For many of these countries the financial sector is seen as the driving force of the economy. This is witnessed in many world economic crises which commence with the large organizations in the financial sector. The results of this study should aid entrepreneurs to be aware of the areas of emphasis and factors for consideration for positive growth of their organizations. Existing organizations will also benefit by improving the said areas and adopting the factors for continued growth and sustainability. Both non-parametric and parametric methods were used to relate performance to its enhancers. Tests of hypothesis were then made to allow for the generalization of the findings to the whole population. Both the non-parametric and parametric results of the study indicate that adoption of improved practices, marketing policy, performance evaluation, and location of an organization affect the actual financial performance of the organization to a significant extent.

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Kotane, Inta. "USE OF FINANCIAL AND NON-FINANCIAL INDICATORS IN EVALUATION OF COMPANY’S PERFORMANCE." CBU International Conference Proceedings 3 (September 19, 2015): 224–33. http://dx.doi.org/10.12955/cbup.v3.605.

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Dimensions for the measurement of the company’s performance include financial and non-financial indicators. Many authors have carried out researches on financial and non-financial indicators, though the problems of their practical application exist, since there is no single united approach for measurement and assessment of both financial and non-financial indicators. This research is based on the former theoretical and practical researches by the author on the application of the financial and non-financial indicators to measure the company’s performance.The aim of this research was to develop a model for the small companies’ performance evaluation, based on the opinions of the owners, managers, and top executives of the small companies in Latvia. The Internet survey was used as a research method, applying a simple random sampling. The results of the research indicated that there are 17 indicators, including 10 financial and 7 non-financial indicators, which could be used for the evaluation of the small companies’ performance and for modelling the company’s net turnover.

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Anthony, Patrick, Babak Behnoee, Malek Hassanpour, and Dragan Pamucar. "Financial performance evaluation of seven Indian chemical companies." Decision Making: Applications in Management and Engineering 2, no. 2 (October 15, 2019): 19–37. http://dx.doi.org/10.31181/dmame1902021a.

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Hwang, Jaewon, and Kyoungmi Park. "Non-financial Performance Evaluation for Inter-SBU Collaboration." Korean Academic Association of Business Administration 30, no. 1 (January 31, 2017): 79–98. http://dx.doi.org/10.18032/kaaba.2017.30.1.79.

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Madhu Kumar, L., and M. Vijaya Prasad. "Performance Evaluation of Development Financial Institutions in India." International Journal of Management Studies 5, no. 1(4) (January 30, 2018): 67. http://dx.doi.org/10.18843/ijms/v5i1(4)/10.

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Salawu, R. O., and O. O. Akinlo. "Privatization and Efficiency: Evaluation of Corporate Financial Performance." Journal of Social Sciences 10, no. 3 (May 2005): 171–80. http://dx.doi.org/10.1080/09718923.2005.11892477.

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Zhu, Yanli, Yutian Wu, and Yingnan Sun. "Financial Performance Evaluation of Chinese Listed Commercial Banks." Journal of Finance and Economics 6, no. 5 (August 31, 2018): 186–92. http://dx.doi.org/10.12691/jfe-6-5-4.

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Al-Kassar, Talal A., and Jared S. Soileau. "Financial performance evaluation and bankruptcy prediction (failure)1." Arab Economic and Business Journal 9, no. 2 (October 2014): 147–55. http://dx.doi.org/10.1016/j.aebj.2014.05.010.

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Joshi, Mahesh, Daryll Cahill, Jasvinder Sidhu, and Monika Kansal. "Intellectual capital and financial performance: an evaluation of the Australian financial sector." Journal of Intellectual Capital 14, no. 2 (April 12, 2013): 264–85. http://dx.doi.org/10.1108/14691931311323887.

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Lagat, Fredrick Kiprop. "EFFECT OF RISK EVALUATION ON PERFORMANCE OF FINANCIAL INSTITUTIONS." Journal of Accounting 2, no. 1 (August 14, 2017): 54–68. http://dx.doi.org/10.47941/jacc.183.

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Purpose: The purpose of the study was to determine the effect of risk evaluation on performance of financial institutions.Methodology: The study used explanatory research design. The study used stratified random sampling to select respondents from target population comprising of managers of 46 commercial banks, 52 Micro Finance institutions (MFIs) and 200 SACCOs and a sample size of 239 respondents obtained. Data was collected using questionnaires. Descriptive statistics was presented, while inferential statistics was done using Pearson product moment correlation.Results: There was a positive influence of risk evaluation [r = .813, p<.05] on the performance of financial institutions was obtained. The risk evaluation positively influenced the performance of financial institutions. The risk evaluation had positive relationship with performance of financial institutions (P<0.05). The null hypothesis HO3 stating that there is no significant effect of risk evaluation on performance of financial institutions was rejected. This indicates that for each increase in the risk evaluation, there is 0.821 increase in performance of financial institutions.Unique contribution to theory, practice and policy: The study has established the importance of ownership structure as a system of corporate governance that significantly moderates the relationship between risk management practices and performance of financial institutions can exploit various risk management practices identification, analysis, evaluation and monitoring should be enhanced so as to bring efficiency in the performance of financial institutions. These may be achieved through establishment and implementation of risk identification, analysis, evaluation and monitoring policy framework which will significantly influence performance of financial institutions and enhance shareholder capabilities to evaluate all risks that can hinder the financial institutions from achieving their set objectives

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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.

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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.

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Zafra-Gómez, José Luis, Antonio Manuel López-Hernández, and Agustín Hernández-Bastida. "Evaluating financial performance in local government: maximizing the benchmarking value." International Review of Administrative Sciences 75, no. 1 (March 2009): 151–67. http://dx.doi.org/10.1177/0020852308099510.

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One of the main problems in evaluating financial performance arises in carrying out comparisons between municipalities, as no account is taken of the impact of certain factors of the social and economic environment on the indicators in question. In this study, the concept of financial condition is applied, revealing the influence of such factors, and a methodology is proposed to minimize their effects on the results of the evaluation. The results of applying these to a sample of municipalities in Spain reveal that the model is useful for reinforcing the value of benchmarking between municipalities with similar characteristics. Points for practitioners The use of indicators for evaluating financial performance has advanced considerably in recent years. However, many criticisms have been made by public sector managers concerning the application of such indicators. One of these is that, in many cases, the values measured by different authorities are not comparable, as the services they provide differ significantly. If local authorities were grouped according to the social and economic factors influencing their provision of public services, the evaluations made would be much more effective, facilitating decision-making by supervisory bodies and by municipal managers.

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Cazenave, Bruno, and Jeremy Morales. "NGO responses to financial evaluation: auditability, purification and performance." Accounting, Auditing & Accountability Journal 34, no. 4 (February 15, 2021): 731–56. http://dx.doi.org/10.1108/aaaj-01-2020-4397.

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PurposeLiterature has widely studied the financial accountability pressures on NGOs but rarely analysed how NGOs respond to them. This paper studies one large humanitarian NGO to address this question. It investigates the NGO's responses to understand the extent to which NGOs are able to regain control over their own work and turn the frames of evaluation and accountability to their own advantage.Design/methodology/approachThis article draws on a case study of one of the largest French humanitarian NGOs. Interviews and observation (both participant and non-participant) were conducted in the financial department of the NGO. These data are supplemented with field-level contextual interviews.FindingsIn the NGO studied, institutional pressure is largely mediated by compliance audits. The paper thus traces the consequences of compliance audits for the NGO's central finance teams and describes how they respond. The findings detail three responses to evaluation. First, to respond to the burden of evaluation, the organisation makes itself auditable and develops preparedness. Second, to respond to the anxiety of evaluation, the organisation engages in a process of purification and succumbs to the allure of the single figure. Third, building on its newly acquired auditability and purity, the organisation performs itself as a “corporatised NGO”. Together, these three responses constitute the NGO as an “entrepreneur” competing for eligibility, and financial literacy and managerialism become crucial to respond to pressure from institutional funders.Originality/valueThis paper extends the understanding of organisational responses to evaluation. The authors show the influence of evaluation systems on NGOs, but also how NGOs can react to regain control over their work and turn the frames of evaluation and accountability to their own advantage. However, despite several decades of calls for broader conceptions of NGO accountability, the case NGO prefers to promote a very narrow view of its performance, based solely on accounting compliance. It takes some pride in its ability to comply with funders' and auditors' demands. Turning a simple matter of compliance into a display of good performance, it builds a strategy and competitive advantage on its ability to respond competently to evaluation.

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Kang, Minjung, and Young-Tae Yoo. "Investor perception of fair value evaluation: focusing on financial instruments." Investment Management and Financial Innovations 16, no. 1 (March 11, 2019): 203–14. http://dx.doi.org/10.21511/imfi.16(1).2019.16.

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This study analyzed capital market investors’ recognition of the predictability of fair value-based valuation. It was examined if market investors overvalue the predictive value of fair value by comparing that value with that measured in accounting performance. The results reveal that investors are likely to overvalue fair value more than predictive values reflected in accounting performance. In particular, the results show that investors can gain abnormal returns through the market anomaly due to the functional fixation that investors cannot distinguish between unrealized profits and realized ones. Though there are considerable studies about accrual anomaly, few studies explore it with the separation of unrealized profits from total accruals. A number of studies about the causes of accrual anomaly have been conducted from various perspectives. The analysis of this study argues that the unrealized profits derived from fair value evaluation can be a cause of accrual anomaly. On the basis of the result, this study suggests that information about unrealized earnings should be reported separately.

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Jain, Kirti, and Sudhir Jain. "Performance Evaluation Criteria for International Joint Venture." Journal of International Business and Economy 5, no. 1 (December 1, 2004): 53–76. http://dx.doi.org/10.51240/jibe.2004.1.4.

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Joint ventures are different from traditional organizations in terms of their life cycle and therefore their performance measures tend to be somewhat different. The traditional approaches to performance evaluation for an organization offer a diverse set of measures in financial management. However, they omit an aspect in case of IJVs – IJVs are a new form of entity with at least two partners with varied interests - which, both IJV managers and business theoreticians are now paying increasing attention to. Apart from traditional financial performance criteria, non-financial performance criteria show strong promise for measuring IJV performance. This research paper presents various IJV performance criteria and assesses them as perceived by the Indian automotive IJVs. It attempts to look for a holistic measure that can be used to quantify the performance of an IJV.

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Burnett, Amy, and Carolin Schellhorn. "Leadership performance of financial firms on climate change action." Banks and Bank Systems 11, no. 2 (July 2, 2016): 103–9. http://dx.doi.org/10.21511/bbs.11(2).2016.10.

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Global awareness of the urgent need to decarbonize the economy has been growing. Although legislative and regulatory actions have been lagging, some businesses have emerged as leaders in this process. In particular, financial institutions as information producers and resource allocators play an important role. In order to accelerate the global transition to a low-carbon economy, market participants need to develop the ability to identify and support firms that are leading on climate change action. Using CDP data on ten climate change action metrics for 2013, the authors apply the dichotomous Rasch model to rank the overall climate change action performance of U.S. financial firms across multiple dimensions of this effort. Simultaneously, the results identify the climate change action metrics for which success was most difficult to achieve. The authors show that investors, managers and regulators should consider ranking firms using this more comprehensive methodology rather than the CDP’s Performance Band or the CDP’s Disclosure Score alone when assessing firm leadership in this area. While this study focuses on financial firms, a similar analysis could be conducted for ranking firms in other industries as well. The authors’ results are important for investors, managers and regulators charged with firm performance evaluation and resource allocation in the face of growing pressures to decarbonize the global economy

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Turisová, Renáta, Michal Tkáč, and Miloš Pachta. "Monitoring of process performance by means of financial indicators." Problems and Perspectives in Management 16, no. 3 (September 25, 2018): 477–87. http://dx.doi.org/10.21511/ppm.16(3).2018.38.

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The paper deals with problematic nature of measuring of process performance. It includes a designed procedure of process performance monitoring, evaluation of logistic processes quality, and also measuring of the impact of marketing activities on the profitability of process output, i.e. a product, by means of appropriate indicator.There are several performance indicators that companies use to monitor the performance of their processes and business strategies with respect to their objectives. To monitor these indicators, enterprises rely on dashboards that present one or more indicators along with contextual information to help decision makers identify deviations and their root causes. Associated benefits related to the process performance measurement system can be seen, for example, in better decision-making, flexible human resource management and process management structures. By using rolled steel sheets in a large metallurgical plant as an example, there will be shown how the performance of the rolling process can be improved by monitoring the tangible financial indicator. Subsequently, the experience was from case management companies presented to further incorporate a practical view of implementation and related issues. Finally, the reasons why the organization prefers the observed indicator during implementation of the process performance of measurement system is explored in order to understand the causes and consequences.

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Bogicevic, Jasmina, Violeta Domanovic, and Bojan Krstic. "The role of financial and non-financial performance indicators in enterprise sustainability evaluation." Ekonomika 62, no. 3 (2016): 1–13. http://dx.doi.org/10.5937/ekonomika1603001b.

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Sayedi, Maryam. "The non-financial and financial performance evaluation of tax office using balanced scorecard." International Journal of Business Information Systems 22, no. 2 (2016): 235. http://dx.doi.org/10.1504/ijbis.2016.076249.

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Kašparovská, Vlasta. "The evaluation of financial analysis in light of the actual requirement on methodology of banking financial performance evaluation." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 56, no. 3 (2008): 99–108. http://dx.doi.org/10.11118/actaun200856030099.

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The content of this article is the evaluation of financial analysis in light of the actual requirement on methodology of banking performance. For the evaluation the criteria reflecting the requirements of those current management and also the requirements of the investors in the financial market was chosen.For the evaluation of financial analysis two models of pyramidal analysis indicators of the bank return on average equity (ROAE) are used. The first is Schierenbeck model and the second is Du Pont pyramidal model modified in accordance with the conditions of the banking company. In the context of legislative changes and market conditions it is not optimal to use financial analysis as the only methodology for evaluation of banking performance. In the future it is necessary to see the point of the financial analysis as a resource for a more sophisticated measure of financial performance.

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Khan, Firdouse, and Iman Al Maktoumi. "Performance Evaluation of Commercial Banks in Oman Using Ratio Analyses." International Journal of Research in Entrepreneurship & Business Studies 2, no. 1 (January 11, 2021): 10–21. http://dx.doi.org/10.47259/ijrebs.212.

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Purpose of the study: The purpose of the study was to critically analyze the effectiveness of banks’ performances and to examine the associations amongst the asset management, banks’ size, operational efficiency, and their impact on the bank’s performance. Design/Methodology/Approach: The secondary data was obtained from the annual reports of five selected commercial banks of Oman listed in the Muscat Securities Market (MSM) for the period 2013 to 2019. The collected data was analyzed through financial ratios using excel and SPSS and was used to evaluate the banks’ performance. Findings: The study revealed that the Operational Efficiency (OE) of the selected commercial banks had an impact on the Return on Assets (ROA); advances of the selected commercial banks had an impact on the interest income whereas operational efficiency of the selected commercial banks had NO impact on the Interest Income. The study further confirmed that Bank Muscat proved to be the bank that performed well over the years 2013 to 2019. Research Implications: The study proved that the banks’ financial performances can be measured through the assets size, asset management, and equity management using ratio analysis which can be a good measure to adjudge the financial performances of the banks. Social Implications: The study helps the stakeholders of the banks to understand the factors and the banking activities that might help to enhance the financial performances of the banks and to take necessary action and suitable decisions accordingly. Originality/value: The study was restricted to five selected commercial banks of Oman and the study had relied mostly on quantitative techniques involving ratio analyses. The study can be extended to all the commercial banks in Oman including the most determining factor viz. customer satisfaction. Keywords: Financial Performance of Banks, Operational Efficiency, Return on Assets, Return on Equity, Interest Income, Ratio Analyses

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AL-RAWI, KHALID. "A Suggested Mathematical Model for Project Financial Performance Evaluation." Journal of King Abdulaziz University-Economics and Administration 17, no. 1 (2003): 19–29. http://dx.doi.org/10.4197/eco.17-1.2.

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Xin’e, Zhao, Wang Ting, and Zheng Yuan. "Economic Value Added for Performance Evaluation: A Financial Engineering." Systems Engineering Procedia 5 (2012): 379–87. http://dx.doi.org/10.1016/j.sepro.2012.04.059.

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Fenyves, Veronika, Tibor Tarnóczi, and Kinga Zsidó. "Financial Performance Evaluation of Agricultural Enterprises with DEA Method." Procedia Economics and Finance 32 (2015): 423–31. http://dx.doi.org/10.1016/s2212-5671(15)01413-6.

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Malichová, Eva, and Mária Ďurišová. "Evaluation of Financial Performance of Enterprises in IT Sector." Procedia Economics and Finance 34 (2015): 238–43. http://dx.doi.org/10.1016/s2212-5671(15)01625-1.

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Mukherji, Sandip. "EVALUATION OF U.S. FINANCIAL ASSETS WITH DIFFERENT PERFORMANCE MEASURES." Journal of International Finance Studies 16, no. 2 (October 1, 2016): 45–50. http://dx.doi.org/10.18374/jifs-16-2.6.

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邱, 妍. "Zhonggong Education Investment Strategy and EVA Financial Performance Evaluation." Frontiers of International Accounting 10, no. 03 (2021): 44–53. http://dx.doi.org/10.12677/fia.2021.103007.

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Safaei Ghadikolaei, Abdolhamid, and Saber Khalili Esbouei. "Integrating Fuzzy AHP and Fuzzy ARAS for evaluating financial performance." Boletim da Sociedade Paranaense de Matemática 32, no. 2 (September 11, 2014): 163. http://dx.doi.org/10.5269/bspm.v32i2.21378.

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Multi Criteria Decision Making (MCDM) is an advanced field of Operation Research; recently MCDM methods are efficient and common tools for performance evaluation in many areas such as finance and economy. The aim of this study is to show one of applications of mathematics in real word. This study with considering value based measures and accounting based measures simultaneously, provided a hybrid approach of MCDM methods in fuzzy environment for financial performance evaluation of automotive and parts manufacturing industry of Tehran stock exchange (TSE).for this purpose Fuzzy analytic hierarchy process (FAHP) is applied to determine the relative important of each criterion, then The companies are ranked according their financial performance by using fuzzy additive ratio assessment (Fuzzy ARAS) method. The finding of this study showed effective of this approach in evaluating financial performance.

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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.

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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.

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Pilateris, Peter, and Brenda McCabe. "Contractor financial evaluation model (CFEM)." Canadian Journal of Civil Engineering 30, no. 3 (June 1, 2003): 487–99. http://dx.doi.org/10.1139/l02-098.

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Very little is known about the financial well-being of contractors, in part because they are generally privately held companies. The goals of this work were to develop a model based on data envelopment analysis to assess contractor performance and to use the model to provide a set of financial benchmarks for the industry. As the efficiency score of contractors decreased, the following trends were evident: decreasing current ratio, increasing accounts receivable and payable times, increasing debt to equity, increasing fixed assets to equity, increasing gross profits to sales, increasing administrative expenses to net worth, decreasing net income to sales, and decreasing net income to equity.Key words: DEA, benchmark, efficiency, peer group, DMU, building contractor, heavy civil contractor, specialty contractor, distinct cultural environment, frontier.

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Chen, Ziyue. "Research on Accounting Intelligence System Modeling of Financial Performance Evaluation." Security and Communication Networks 2021 (February 20, 2021): 1–9. http://dx.doi.org/10.1155/2021/5550382.

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In the current competitive market environment, both enterprises and academia attach great importance to the research of financial performance evaluation. The quality of financial performance directly affects the sustainable development of enterprises. With the deepening of enterprise management concept, enterprises pay more attention to the use of financial performance evaluation analysis to promote the sound development of the whole enterprise. In order to understand the development status and development trend of enterprises and improve the efficiency of enterprise management, it is of great significance to establish a scientific and professional financial performance evaluation model for the sustainable development of enterprises. In this paper, based on FCM clustering algorithm, a fuzzy decision model is established. Combined with the factors affecting the financial performance of enterprises, the corresponding indicators are selected from the four aspects of profitability, operation ability, debt paying ability, and development ability to construct the financial performance evaluation system, and the comprehensive fuzzy evaluation model is constructed according to the financial evaluation system. This paper selects listed companies as the research object to evaluate and analyze the performance of enterprises. The results show that the overall performance of listed companies is not ideal and solvency, operation ability, and development ability need to be enhanced. Finally, in view of the problems existing in the listed enterprises, this paper puts forward the following countermeasures: implement cost assessment and pay attention to cost analysis to strengthen cost control; strengthen the cooperation between industrial chain enterprises and R&D departments; and pay attention to the use of talents and improve the ability of independent innovation.

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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.

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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.

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Cumby, Judy, and Joan Conrod. "Non‐financial performance measures in the Canadian biotechnology industry." Journal of Intellectual Capital 2, no. 3 (September 1, 2001): 261–72. http://dx.doi.org/10.1108/14691930110400001.

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The limitations of financial metrics in assessing performance in the new economy generate demand for non‐financial measures appropriate for evaluation of shareholder value creation. The suitability of non‐financial measures for external reporting continues to be explored by professional accountants, capital market regulators, and academics. Investigates research developments and their applicability to the biotechnology industry. Examines the externally published information of public Canadian biotechnology companies with a view to the development of measures appropriate for evaluating corporate performance. Represents the findings from the first of a two‐phase research project designed to explore the techniques used to gauge the effectiveness of communication regarding performance in the Canadian biotechnology industry.

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Yunanto, R. Rizki Andhitya, Ma'mun Sarma, and Darwin Kadarisman. "Evaluasi Kinerja PT Bank Perkreditan Rakyat Pesisir Akbar Kabupaten Bima, Nusa Tenggara Barat." MANAJEMEN IKM: Jurnal Manajemen Pengembangan Industri Kecil Menengah 10, no. 1 (May 20, 2015): 73–83. http://dx.doi.org/10.29244/mikm.10.1.73-83.

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Coastal communities made up of fishermen, fish farmers, processors and traders of fishery products, businesses and services maritime industry as well as other communities living in coastal areas and small islands. BPR Pesisir Akbar in Bima Nusa Tenggara Barat is one of the six Coastal BPR in Indonesia which has one mission welfare of coastal communities around the operational area. The study aims to (1) Determine the influence of the level of financial and non-financial performance of PT BPR Pesisir Akbar, (2) analyze the factors that affect performance. Performances Evaluation of PT BPR Pesisir Akbar has done well for non-financial and financial performances. Non Financial Performances include the number and level of customer satisfaction, while the financial evaluation includes capital, value assets, profit/loss, ROA (Return On Assets), CAR (Credit Adequacy ratio), BOPO (Expenses and Operating Income), NPL (Non Performing Loan), and LDR (Loan to Deposit ratio). Evaluation results show that non-financial public services, credit services, and promotion services jointly or individually significant effect on customer satisfaction, where public service is the strongest factor. Evaluation of financial performance shows PT. PT. BPR Pesisir Akbar relatively well for the development of asset value, earnings, CAR, NPL and ROA, but the increase is relatively small capital and BOPO and LDR have not been good until now.

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Journal articles on the topic 'Financial performance evaluation'

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