Project aims

The main objective of proposed project is: “the construction of methods for multifactor measurement of company performance in chosen economic (CZ-NACE) activities and the creation of a modifiable and broad-spectrum methodology of their putting into practice.”

The main goal is specified by the project’s partial targets:

1. Analysis of the state-of-art on economic, environmental, social and corporate governance aspects of company performance through targeted research of the world literature and database sources available (SCOPUS, ERIH, EBSCO,etc.) with using available ICTs at all the two research establishments where the project team works.

2. A detailed analysis of the implementation of Reporting in chosen economic activities and its justification (yes or no). In case it is, analysing the way of its performance, its role, its informative capability and decisive value, all this to be done in agreement with the company information system and overall company performance. If not, focus on identifying the reasons why, possible motivation for future steps to implement it.

3. Examine, analyze and categorize contemporary characteristics of the individual pillars: economic, environmental, social and corporate governance(or the attractive sustainability of success) in relation to the measure of progress or dynamics of development of the overall company performance, so that the basic data and preparation for the construction and defining of multifactor methods in a rational and useful manner identify the system of conditions as the support to subsequent creation of an applicable methodology. The research will focus on the critical partial processes in the fields:

•       integration of economic performance,
•       integration of environmental performance,
•       integration of social performance,
•       integration of corporate governance,
•       sustainability of success.

4. Specification of possibilities for company overall performance measurementsin chosen economic activities based on analyses of previous findings.

5. Construction of methods of multifactor measurement of complex company overall performance in chosen economic activities through the advanced quantitative and qualitative methods (in detail mentioned above) while using the ICT.

6. Application of methods for multifactor measurement of company overall performance of chosen economic activities in practice with feedback for possible change correction aimed at further improvement.

7. Methods assembly while considering target 6, description of the methodology and of the software, creation of a specialist monograph and further dissemination of the project outputs (international conference) to do these publicly available.

The research is proposed for a period of 3 years. The research schedule for partial targets: