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Title Business Sustainable Competitiveness - A Synergistic, Long-Run Approach Of A Company'S Resources And Results
ID_Doc 34629
Authors Herciu, M; Ogrean, C
Title Business Sustainable Competitiveness - A Synergistic, Long-Run Approach Of A Company'S Resources And Results
Year 2018
Published Studies In Business And Economics, 13, 3
DOI 10.2478/sbe-2018-0033
Abstract Business sustainable competitiveness is a very complex concept. This complexity generates a variety of possibilities to define, to measure and to test it. The purpose of the paper is to develop the concept of businessness (for business sustainable competitiveness) by leveraging productivity, profitability, effectiveness and sustainability, at firm level. The interrelations between them, in terms of revenues per employee, return on assets, total assets turnover and Dow Jones Sustainability Index, were integrated into models/functions in order to develop, test and apply businessness. The article is about proposing functions (by using multiple discriminant analysis) in order to measure business sustainable competitiveness (businessness). The hypotheses and functions were tested using a sample of 500 companies (2000 observations) from Global Fortune 500. The results showed that there are direct and positive interrelations between the following items: number of employees, revenues, net income and total assets, but with different degree of correlations between groups. Therefore, it is very important to consider industry/group when conducting an analysis on business sustainable competitiveness.
Author Keywords Business sustainable competitiveness - businessness; productivity; profitability; effectiveness; sustainability
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000456465200003
WoS Category Economics
Research Area Business & Economics
PDF https://doi.org/10.2478/sbe-2018-0033
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