Title The application of performance measurement systems at the electricity sector of Lithuania /
Translation of Title Organizacijos veiklos vertinimo sistemų taikymas Lietuvos elektros energetikos sektoriuje.
Authors Jasiukevicius, Linas ; Christauskas, Ceslovas
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Is Part of Inžinerinė ekonomika = Engineering economics.. Kaunas : Technologija. 2011, vol. 22, iss. 3, p. 283-291.. ISSN 1392-2785. eISSN 2029-5839
Keywords [eng] electricity sector ; electricity market liberalization ; features of performance measurement ; performance measurement system ; strategic management
Abstract [eng] This article presents the results of the empirical research performed in Lithuanian grand electricity companies in order to reveal the application of performance measurement systems (PMSs) at the electricity sector. The relevance of the performance measurement at the electricity sector is determined by starting the process of gradual electricity market liberalization which changes performance conditions of companies operating in this sector. Scientific literature within the context of the analysis of such processes impact on the performance measurement and PMS in this sector is poor and fragmentary. This paper is the first one in which it is analyzed the performance measurement in Lithuanian electricity companies. Theoretical background of the research is based on the assumptions that the changing environment of an organizational the performance has a direct impact on the changes of performance measurement which, in its turn, are realized in close connection with the projects on reorganizing PMS (Ponikvar, Tajnikar and Pushnik, 2009; Gimzauskiene and Valanciene, 2009; Gimzauskiene and Kloviene, 2010). According to this approach, the appropriate changes in electricity market allow to presume by increasing the importance of the evaluation of nonfinancial indicators, herewith and the relevance of the application of modern PMSs. [...].
Published Kaunas : Technologija
Type Journal article
Language English
Publication date 2011
CC license CC license description