EVALUATION OF PERFORMANCE EFFECTIVENESS OF THE JOINT-STOCK СOMPANIES: REQUIREMENT OR NECESSITY?

Abstract

This paper studies the general methods and approaches to evaluation of performance effectiveness of the joint-stock companies in modern conditions. It is noted that evaluation of performance effectiveness of the joint-stock company should be based on a system of indicators that meet the requirements for assessing the effectiveness of production, management, investment, use of financial and other resources. On the basis of a comprehensive study of international experience, there given the author’s suggestions and recommendations on formation of a system of key performance indicators to assess the effectiveness of financial and economic activity of joint-stock companies, which can be used by managers for development of own evaluation system of performance effectiveness of their enterprise.