Factors Determining the Success of Decision Making and Performance of Portuguese Companies

Abstract

This paper empirically examines the impact of the quality of information and control system (the internal control system, the accounting information system, the financial information, and the non-financial information) on decision-making success and business performance. It follows a quantitative approach. An online questionnaire was developed and applied to the managers of Portuguese companies. The evaluation of the theoretical model was performed using the AMOS statistical software and applying the structural equation model technique. Based on 381 observations, the results show that the model variables explain about 30% and 70% of the variance of financial and non-financial performance, respectively. This study proves to be relevant not only for the development of the literature, as it evaluates an original and complex model, but also for managers, because it identifies the factors that contribute to the success of Portuguese companies.

Management Control Practices as Performance Facilitators in a Crisis Context

“…MCP are capable of playing an effective role, namely, in synchronising and aligning the several knowledge areas of an organisation and its resources, thus triggering a higher level of performance (Asiaei et al 2021a;Nartey et al 2021). MCP influence organisational performance, in its financial and non-financial aspects (Monteiro et al 2021), but in order to ensure resilient growth, organisational innovation must be fostered (Sabahi and Parast 2020).…”

Development of a new ergonomic risks management algorithm on the example of drivers

“…The described situation requires employers to implement effective solutions in the occupational safety and health management systems for creating comfortable conditions for the performance of production tasks. Any management decision must have an appropriate justification to guarantee the achievement of the set results [5]. This basis is the process of risk assessment, which allows considering all possible scenarios of the development of events and choosing the safest one [6].…”