Naslov
THE POSSIBILITY OF DEVELOPMENT OF FINANCIAL INDICATORS AT HIGHER EDUCATION INSTITUTIONS – CROATIAN CONTEXT

Autori
Vašiček, Vesna ; Dražić Lutilsky, Ivana ; Dragija, Martina

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Global Conference on Business and Finance Proceedings / Jalbert, Terrance ; Jalbert, Mercedes - Honolulu (HI) : IBFR org, 2014, 118-125

Skup
Global conference on Business and Finance

Mjesto i datum
Honolulu (HI), Sjedinjene Američke Države, 06.01.2014. - 09.01.2014

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
financial indicators; higher education institutions; the Republic of Croatia

Sažetak
This paper presents development of financial indicators at higher education institutions in the Republic of Croatia and assesses the contribution of financial indicators for performance measurement. We examine relevant literature as well as current accounting systems of Croatian higher education institutions. Based on information that we obtained from financial statements of 33 public higher education institutions we develop financial indicators that can be calculated under existing systems. The results show that it is not possible to develop whole set of financial indicators because there is a lack of accounting information especially cost information. The authors argue that although financial indicators are extremely important part of performance measurement system, there are significant problems with its practical development. Therefore, authors propose changes that need to be done in order to develop quality financial indicators at Croatian higher education institutions and those suggestions can be also useful for all countries that are trying to improve performance management in higher education.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA