FINANCIAL PERFORMANCE ANALYSIS TO PUBLIC INSTITUTIONS


                                           Teodor Hada
                                       Nicoleta Barbuta-Misu
                                            Mihai Carut
                                       Teodora Maria Avram


         ABSTRACT: Performance is a permanent concern of all economic and non-economic
actors participating in the financial circuit. Public sector performance describes the results of an
activity in a given area, the cumulative results or all areas of activity of a public body, measured
either in absolute terms or in relation to the results obtained in previous periods. Establishing a
level of performance in the public sector at the institution level is a continuous and systematic
process of measuring and evaluating own products, services and practices, comparing them with
the best products of prestigious organizations in the same field. The paper approaches public
institutions and their particularities, the performance concept in general and public institutions
performance in particular. Also, the structure of the account of patrimonial result of public
institutions is analysed and the patrimonial result is proposed as performance indicator to public
institutions. Finally, the paper present a case study related to the financial performance analysis
to a public institution – City Hall.

       Keywords: financial performance, public sector, public institution, patrimonial result

       JEL Classification: H70, H83