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Productivity Accounting

Productivity Accounting

Paperback

EconomicsInvesting & Finance

ISBN10: 0521709873
ISBN13: 9780521709873
Publisher: Cambridge University Press
Published: Jan 26 2015
Pages: 398
Weight: 1.30
Height: 1.00 Width: 6.00 Depth: 8.90
Language: English
The productivity of a business exerts an important influence on its financial performance. A similar influence exists for industries and economies: those with superior productivity performance thrive at the expense of others. Productivity performance helps explain the growth and demise of businesses and the relative prosperity of nations. Productivity Accounting: The Economics of Business Performance offers an in-depth analysis of variation in business performance, providing the reader with an analytical framework within which to account for this variation and its causes and consequences. The primary focus is the individual business, and the principal consequence of business productivity performance is business financial performance. Alternative measures of financial performance are considered, including profit, profitability, cost, unit cost, and return on assets. Combining analytical rigor with empirical illustrations, the analysis draws on wide-ranging literatures, both historical and current, from business and economics, and explains how businesses create value and distribute it.

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Economics