The parameter is also used compare performance vis-à-vis other similar corporates across the same industry.
Corporate financial performance is a measurement of how well a firm is doing with respect to utilising assets to generate revenues.
It is also used as a general measure to understand corporate’s overall financial health over a given period of time.
The parameter is also used compare performance vis-à-vis other similar corporates across the same industry.
There are many different ways to measure financial performance of a corporate and the metrics include revenue from operations, operating income, cash flow, total unit sales, etc.
From the Book – ‘ Know Everything about Corporate Social Responsibility ‘
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