Title: Empirical model of management tools impact on the enterprise performance

Authors: Damijan Kreslin; Štefan Bojnec; Mirko Markič; Aleksander Janeš

Addresses: Faculty of Management, University of Primorska, Koper, Slovenia ' Faculty of Management, University of Primorska, Koper, Slovenia ' Faculty of Management, University of Primorska, Koper, Slovenia ' Faculty of Management, University of Primorska, Koper, Slovenia

Abstract: The purpose of this research is to examine the impact of used management tools (MTs) and techniques on enterprises performance. For this purpose, the structural equation model (SEM) is developed, which is based on a sample of 139 Slovenian medium and large enterprises (MLE) that completed the questionnaire. In the empirical analysis, the in-depth survey data for an enterprise are combined with the Gvin accountancy database of indicators. The MLE performance is being measured with the return on equity (ROE). The empirical results partially confirmed the impact of the used MTs on the enterprises ROE, which can be increased with the proper use and managers' satisfaction with MTs. To the best of the authors' knowledge, no empirical study has been conducted to examine the relationship among use of MTs and ROE for Slovenian ML enterprises.

Keywords: enterprise performance; business and systems research; management tool; MTs; management tools and techniques; return on equity; ROE; structural equation model; SEM; Slovenia.

DOI: 10.1504/IJBSR.2024.135780

International Journal of Business and Systems Research, 2024 Vol.18 No.1, pp.85 - 110

Accepted: 27 May 2022
Published online: 05 Jan 2024 *