Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019)

Financial Performance Indicators: The Impact of Company’s Lifetime and Industry Type

Authors
Tijana Obradović, Veljko Dmitrović, Marija Kuzmanović
Corresponding Author
Tijana Obradović
Available Online December 2019.
DOI
https://doi.org/10.2991/senet-19.2019.14How to use a DOI?
Keywords
financial performance, indicator, company’s age, industry type
Abstract

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.

Copyright
© 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/).

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Volume Title
Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2019
ISBN
978-94-6252-861-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/senet-19.2019.14How to use a DOI?
Copyright
© 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  - https://doi.org/10.2991/senet-19.2019.14
ID  - Obradović2019/12
ER  -