Abstract
In order to analyze the potential of listed companies, the scientific literature suggests modern indicators that are built using value creation concepts. The attention of specialists, both theoreticians and practitioners, is directed towards the approach of company’s performance based on the created value. Traditional management based on analyzing and interpreting accounting data from financial statements has proved a reduced capacity to evaluate and express in a clear and precise manner the real performances of companies. Over time, the financial ratios used to quantify the value created by companies as expression of their performance were in multiple forms, becoming more and more comprehensive. In previous research (Balteș and Vasiu 2015) we analyzed the capacity to create value in case of the companies listed on the BVB. The results recorded for the period 2006–2013 were unsatisfactory, in terms of modern indicators that are built using value creation concepts. This article expands the research results currently, investigating if listed companies have improved their performance in terms of created value.
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Vasiu, D.E., Ilie, L. (2018). How Performant Are the Premium Companies Listed on BSE? A Financial Performance Analysis from a Value Creation Perspective. In: Orăștean, R., Ogrean, C., Mărginean, S. (eds) Innovative Business Development—A Global Perspective. IECS 2018. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-01878-8_33
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