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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Also Read:
- What is Industry?
- What is Business?
- What is a Business Organisation?
- What is Corporate?
- What is a Startup?
- Who are the Stakeholder?
- What is a Multinational Corporation?
- What is Competitive Advantage?
- What is Foreign Investment?
- What is Economic Reform?
- What is Industrial Reform?
- How are the Reforms and Fiscal Policies Linked?
- How does Growth Impact Employment?
- What is a Labour Market?
- What is Humanistic Management?
- What is the Public Enterprise?
- What is a Private Firm?
- What is Family Owned Business?
(India CSR)
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