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Sustainable Economic Intelligence: A New Dimension of Information Provided by Non-Financial Indicators

Sustainable Economic Intelligence: A New Dimension of Information Provided by Non-Financial Indicators
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Author(s): Ionescu Constantin Aurelian (Hyperion University of Bucharest, Romania), Mihaela Denisa Coman (Valahia University of Targoviste, Romania), Liliana Paschia (Hyperion University of Bucharest, Romania), Nicoleta Luminita Gudanescu Nicolau (Institute of National Economy, Romania) and Sorina Geanina Stanescu (Valahia University of Targoviste, Romania)
Copyright: 2020
Pages: 27
Source title: Improving Business Performance Through Innovation in the Digital Economy
Source Author(s)/Editor(s): Ionica Oncioiu (Titu Maiorescu University, Romania)
DOI: 10.4018/978-1-7998-1005-6.ch009

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Abstract

Sustainable economic intelligence, as a form of superior manifestation of an economy based on knowledge and innovation requires the management, quantification, monitoring, and reporting of non-financial information by economic entities (environmental issues, social and personnel aspects, respect the human rights and combating corruption) defined in relation to the average number of employees, total balance sheet, and net turnover. These elements, combined in the non-financial statements of economic entities, are decisive in achieving the transition to a sustainable global economy, combining profitability with social responsibility and environmental protection. The purpose of this scientific research is to achieve a systematization of the main non-financial performance indicators relevant to the activity of economic entities in Romania in order to favor sustainable economic growth and ensure transparency for stakeholders.

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