Stimulating economic and financial performance-base of increasing the firms' competitiveness

摘要

Rapid and efficient integration of a company in a particular economic space involves essentially economic competitiveness. Referring to Romania, a country which is in the process of catching-up, in comparison with the EU and the US, the issue raises complex challenges of increasing economic competitiveness on determining the nature, level and structure of representative indicators. In this context, the paper proposes a system of indicators to encourage, recognize and reward the economic competitiveness in the companies and in its basic structures-plant, department, team and place of work. Since increasing competitiveness must be accompanied by the establishment, maintenance and increasing welfare, within the performance indicators a special attention is given to physical indicators, a fundamental condition to overcome the economic and financial crisis. However, given the place and role of the four agents-employee, employer local community and State-the paper discusses how the distribution of gross and net value added help to boost performance.