Financial Performance Indicators: The Impact of Company’s Lifetime and Industry Type
- 10.2991/senet-19.2019.14How to use a DOI?
- financial performance, indicator, company’s age, industry type
The formula for high financial performance is a never-ending story. A significant chapter of that story is the one dealing with causality and interactions between specific financial performance indicators and the organisation’s characteristics. This paper investigates the financial performance indicators of 130 best-performing companies using Forbes’s Global top performers list to create a foundation and a tool for managing companies’ success by managing a concrete set of financial indicators. We examined 98 financial performance indicators, for a five years period, analysing companies originating from 21 countries and operating in 23 industries. Specific attention is paid to research questions whether there is a correlation between of financial indicators values and companies’ age and industry. The goal is to come to a set of financial performance indicators benchmarks that would lead to a successful business if followed. Those benchmarks, set by the age and industry type, can serve as a target value for the comparable organisations, which fulfilment would ensure business becoming a success story.
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Tijana Obradović AU - Veljko Dmitrović AU - Marija Kuzmanović PY - 2019/12 DA - 2019/12 TI - Financial Performance Indicators: The Impact of Company’s Lifetime and Industry Type BT - Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019) PB - Atlantis Press SP - 83 EP - 87 SN - 2352-5428 UR - https://doi.org/10.2991/senet-19.2019.14 DO - 10.2991/senet-19.2019.14 ID - Obradović2019/12 ER -