Development of A Composite Indicator for Measuring Company Performance from Economic and Environmental Perspectives
A Study on Motor Vehicle Manufacturers
Qinqin Zeng (TU Delft - Transport Engineering and Logistics)
More Info
expand_more
Other than for strictly personal use, it is not permitted to download, forward or distribute the text or part of it, without the consent of the author(s) and/or copyright holder(s), unless the work is under an open content license such as Creative Commons.
Abstract
Company performance measurement is fundamental for decision-makers to monitor a company's performance and to solve management problems. The evolution of company performance measurement tools started from a pure financial-biased framework. The first generation of company performance measurement tools was achieved through supplementing the traditional financial measures with non-financial measures. The second generation addressed the dynamic of value creation by investigating transformations of resources. Both the first and the second generation showed appropriateness in how they reflect the realities in companies. The third generation emphasized the business-oriented methodology to real free cash flow activities. This dissertation, that will present a fourth generation company performance measurement tool, has a focus on motor vehicle manufacturers (MVMs) due to its economic significance and its environmental impact during vehicles' production.