http://www.utgjiu.ro/revista/ec/pdf/2011-03/20_LAURA_VASILESCU.pdf, Instrumente de management al performanţei. To reach a target, the current solar potential in Poland, the photovoltaic (PV) productivity, the capacity of the energy storage in batteries as well as the size of the hydrogen production system were calculated. Conserv Lett 1: 236–243. The objective of this study was to evaluate effects of modernization of distillation units and applications of a nonlinear return on investment (ROI) equity model to the financial performance of actors in the value chain to help the government together with the actors making the correct decisions and policies in the development of patchouli oil business. 0000011703 00000 n It is actually the profit earned by the investor after deducting all the invested capital and loss suffered, if any. Indicates that the value obtained is very low correlationbelong to the weak negative correlation. - own funds and borrowed funds are considered; investment. 0000004973 00000 n The findings indicate that the distillers get the least benefits (the lowest ROI) among actors in the Gayo Lues value chain. Google Scholar The RR is a single, simplified metric weighing up-front investment costs against benefits accrued over … 0000005207 00000 n Return on Investment (ROI) is the quotient of the operating profit obtained after the investment total investment expenditure [42]. Techniques such as Accounting Rate of Return (ARR) are rejected for a variety of reasons. The results showed that the SPBP amounted to 8.8 years and NPV 54,896 € for non-storage systems. View Article Google Scholar 2. Return on investment. 1360 0 obj <> endobj The expected return on the market portfolio is an important input for many decisions in finance. Given that the annual cost to run the program was $567,700, the calculated return on investment of The Family Van was 36:1. Valahian Journal of Economic Studies Volume 0 (0), general policy of the company. These fundamental variables serve as a proxy for the profitability of investment projects as well as for the availability of internal funds for investment.3 Essentially, we ask, "Suppose a manager knows the future fundamental conditions that affect his investment choice. startxref Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported, Assessment of Energy Storage from Photovoltaic Installations in Poland Using Batteries or Hydrogen, Study of Modernization of Distillation Units and Applications of Nonlinear ROI Equity Model: A Case of Gayo Lues Patchouli Value Chain, Return of Investment Initiatives in Business Process Management, Contrôle de gestion par le système budgétaire, PENGARUH MANAJEMEN MODAL KERJA TERHADAP RENTABILITAS PERUSAHAAN PADA PT SEPATU BATA, TBK, The Effect of Return on Equity (ROE) and Return on Investment (ROI) on Trading Volume. Moreover, modernization of the distillation units can increase the ROIs of the actors in the value chain. Thus, companies must consider the profitability of the company. capital, investment, profitability, net pres, number of effective periods of functioning of, depreciation of the new machinery is cons. Universitară The inequity of benefits among actors in the Indonesian patchouli value chain has been taking place for decades. 0000005877 00000 n Only a few project management authors and speakers have addressed these issues (Heerkins, 2005, 2006). The research results can be used by any investor to select based on ROI indicator, an investment project of several possible. 0000039608 00000 n Volumul II. %PDF-1.4 %���� Ed. To make ROIs of the actors equal, outputs of the model recommend that the ideal patchouli oil share ratio between farmers and distillers is around 3.3 – 3.4: 1. 0000008833 00000 n Unfortunately, this assumes that the premium is constant over … The success of an investm, indicator that cannot be fully controlled from, issues posed by measuring the return on inves, 1. Return on Investment: Training and Development Karen Kaminski, Ph.D. and Tobin Lopes, Ph.D. TRaInIng anD DevelopmenT instructor’s Manual RESULTS The sources identified as relevant appeared in a wide variety of publications and addressed a diverse set of topics. All rights reserved. Measuring return on investment guides decisions on resources (people, supplies, time) used for professional development activities by showing the financial impact of such activities. 0000002002 00000 n By using published data that quantify the value of prevention practices and the value of preventing unnecessary use of emergency departments, an empirical method was developed to determine the value of a typical mobile health clinic. 0000003162 00000 n andard cost or average cost in valuating stocks. ROI analysis in health care is more complicated and error-prone than in most other industries. Analysis of the investment project based on th, Analysis of investment projects requires the ability to c, For each period it is calculated the discount coeffic, savings of 210 lei per year. Related Journals: Storage in hydrogen is more advantageous than batteries due to the smaller investment outlays. 0000139384 00000 n 0000001101 00000 n Показатели Доходности Инвестиционных Проектов. Join ResearchGate to find the people and research you need to help your work. Vuibert Trading volume was influenced by other factors beyond profitability ratio. 0000116547 00000 n © 2008-2020 ResearchGate GmbH. This paper explains the critical role that schedule plays in determining the break-even point and ROI for any project. investment and that the stock market might be forecasting. ���E���CH,VD?�νW��_���{�s���~ `��j! 0000005623 00000 n It is the benefit which an investor receives after investing on a certain business or trade. In specific situations, ROI variations can be used: Return on invested capital, return on total assets, return on equity, return on net worth (Andolsen, 2004). xref 0000160836 00000 n Patterns in the quotes and summaries were sought and descriptive themes identified. View Article Google Scholar 3. The solar potential was determined using archival meteorological data and the Krieg estimation method. Gestion Prévisionnelle, 2 e The internal rate of return (IRR) is often used by managers and practitioners for investment decisions. The reason why the ROE and ROI selected as measure is due in ROE and ROI using net income as a benchmark in measuring profitability. The measurement of ROI requires an in-depth analysis of equipment cost, cost structure, and medical processes. For most, an investment in higher education yields a substantial economic (and personal) return, but this investment may not pan out for some students. Volumul II, Albu, N., Albu, C. (2003) Instrumente de management al performanţei. This phenomenon has made distillers unable to guarantee the patchouli oil quality, one of the essential things in the global market. 0000002739 00000 n We chose ROI or net-profit-to-cost ratio, which is one of the financial indicators widely used as a quantitative decision support tool, Strategii investiţionale în afaceri, Distance learning course, Comptabilité de gestion. The decision of investment is a strategic decision and it is an integral part of the general policy of the company. édition, Paris : Ed. https://hbr.org/2016/03/a-refresher-on-internal-rate-of-return Top-level decision-makers are typically concerned not just with cost and time, but with payback periods and return on investment (ROI). In uncertainty however, the risk factor enters in the investment decision, which means that the return from an investment becomes a probability distribution of returns. trailer The purpose of this paper is to present the manner in which the ROI (Return on Investment) indicator can be used in the analysis of investment projects. They are addressed the aspects related to the manner in which the size of the ROI indicator is influenced by the method of valuation of assets, but also by the method of calculation of the working capital. This paper presents a series of economic efficiency studies comparing three different investment variants: without energy storage, with energy stored in batteries and hydrogen installation with a PEM fuel cell stack for a location in Poland. 0000009373 00000 n 0000002549 00000 n ... One option is to look at the scholarly journals that are published through our IRs. Analele Universităţii "Constantin Brâncuşi" from Târgu Jiu, Seria Economie, Nr. 0000004057 00000 n For an investment to be worthwhile, the return on investment must be … Shareholders, however, cannot know that a company is making positive net present value investments they can only hope! 0000161124 00000 n 0000005519 00000 n Therefore, an alternative indicator to measure equity in the patchouli value chain is preferable, which can guarantee that the result is fair and impartial, to reflect better attraction of each business. The SROI methodology accounts for a broader concept of value by measuring social, environmental, and economic outcomes and uses monetary values to represent them. As a result of the increasing pressure on health care expenditures calculations of the return on investment (ROI) have been attempted in assessing the utility of medical equipment purchases. Marketing ROI is a straightforward return-on-investment calculation. By understanding the factors that contribute to lower returns, policymakers can better enact policies that mitigate the risk of a negative outcome for those investing in higher education. As well, ROI may serve after completion of the investment to measure its profitability. 0000000016 00000 n 1360 39 Leclere, D., Lesel, Ph., Doubrulle, L. (2000) Control de gestiune, translation, București: 0000004479 00000 n 1398 0 obj <>stream in financial terms; however, this is the most common type of value that is measured. ROI and ROE affect the volume of trade. Goldstein JH, Pejchar L, Daily GC (2008) Using return-on-investment to guide restoration: a case study from Hawaii. Berland, N. (2009) Mesurer et piloter la performance, available on-line at: Economică Non-profit Management and Leadership, 26(2), pp. Gestion Prévisionnelle, 2e édition, Evaluarea performanţei firmei pe baza indicatorilor financiari, Vasilescu, L. (2011) "Evaluarea performanţei firmei pe baza indicatorilor financiari", 0000160793 00000 n Access scientific knowledge from anywhere. Economică, Generally, the company's goal is to obtain the optimal profit, maintaining the company's survival anddevelopment. METHODS The steps/stages of an SROI analysis were applied to the context of a children's camp for this article. Note the following inform. 0000003476 00000 n The simplest approach to measuring the market premium is to use the historical average market excess return. http://www.management.free.fr/publications/Contenu/ebook/bibliotheque.htm, Mesurer et piloter la performance, available on-line at, Davasse, H., Lannglois, G (2001) Comptabilité de gestion. Profitability of PT. Indicator in profitability ratio is Return on Equity and Return on Investment. Control de gestiune, Bucureşti: Ed. Then ROI is analyzed, highlighting the advantages and limitations of its use. Foucher, Contrôle de gestion par le système budgétaires, 3 e édition, Dumitraşcu, V. (2014) Managementul investiţiilor, Bucureşti: Ed. Investors do not just look at the profitability factor in this case is represented by the ROE and ROI. some articles may read, “ROI is three months” That would mean that ROI analysis has been per-formed and a payback period indicator was used, which was calculated to be 3 months. Return on investment is a popular and potentially important metric allowing for the comparison of disparate investments.1 A critical requirement for calculating ROI is knowing the net profit generated by a specific investment decision. 0000013029 00000 n 0000006621 00000 n The influence of working capital in mea, collection of customer is superior to the averag, puts a number of issues. Unlike journals supported by commercial publishers, these journals typically do not assess article processing charges (APCs) to cover the costs of … 0000084115 00000 n The purpose of this project was to review the literature on return on investment for professional development activities to best guide decision-making for limited resources. Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments. The study was done in the Gayo Lues District, Aceh, Indonesia. 3, p: 162-163, available on-line at: Return on investment in the institutional repository. The present value, NPV is positive, hence the project is,! Of customer is superior to the averag, puts a number of effective return on investment scholarly articles functioning. Is making positive net present value investments they can only hope the critical role that schedule plays in the! 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