Naslov
Business performance of the insurance companies in Croatia

Autori
Grubišić Anita, Matija Blaće

Izvornik
Managerial Issues in Modern Business (1849-7535) 1 (2017), 1; 322-330

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
controlling, control, insurance company, efficacy, liquidity

Sažetak
Achieving efficacy of insurance companies in contemporary business conditions requires a high quality database of financial and non- financial data in order to establish useful managerial reports and aid the process of decision making in business. The function of controlling acts towards achieving greater efficacy in business. Controlling includes activities of gathering, analyzing, storing and reporting, preparing and presenting business information necessary for making decisions. Controlling, as the managerial part of a business, is certainly an important factor in achieving efficacy of insurance companies. The premise is that companies with organized controlling function have higher level of business success than those without such activities. Due to small number of theoretical research on the influence of controlling in increase of insurance companies` efficacy in Croatia, this paper will address insurance market in Croatia, establish the link between a company`s efficacy and liquidity, indebtedness and activity indicators over the period of seven years. The methods used are inductive and deductive, analysis and synthesis, compilation and comparative methods.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Interdisciplinarne društvene znanosti

POVEZANOST RADA