Aspects Regarding the Relevance of the Performance Measurement Indicators

Traditional performance measurement indicators have the disadvantage that they provide information about the historic financial performance of the company and do not reflect de social and environmental performance. From an economic-financial perspective, the traditional indicators highlight only the results of the capital use without taking into account its cost. Consequently, if we limit ourselves to the use of traditional indicators we can find companies that make a profit without creating value for the shareholder and consuming instead the existent one. The emergence in recent decades of performance measurement indicators by the creation of value was a step forward both at theoretical level and in the company practice. The article aims at presenting the informational valences of modern performance measurement indicators.