ANALYSIS OF CORPORATE OPERATIONAL PERFORMANCE: INTERPRETIVE ISSUES AND QUANTITATIVE DETERMINATIONS.

Operational management is not a unanimously accepted concept at the international doctrinal level. If, for example, we compare the tax laws of the various nations and the international accounting standards or national accounting standards of the different countries, we can see that the concept of operational management differs depending on where we find this notion. Since operational management is essential in delving into a company's profitability, it is first necessary to identify an operating management concept that is useful for data analysis to be an efficient and effective tool for identifying the most appropriate steps for maximising company profitability. The first step in this process is to identify an operational management concept that does not change depending on the area in which we are acting. Thus, the same concept must apply in the profitability and financial spheres, should this concept be used to analyse a company's financial situation. And it is also necessary for the same concept to be present in the area of the study of monetary flows because if the concept of operational management or other concepts that are used to study this type of activity change depending on the sphere in which we are acting, the analysis will be confusing and will lead to an incorrect interpretation of the results obtained. A second very relevant element to be noted is that the in-depth analysis of operations is often done incorrectly by comparing ROA with the ROI trend and thus interpreting the trend of active financial management and asset management residually. If this is done this way, the analysis results can be misleading. It is necessary to conduct a more in-depth analysis that considers other variables, which will discuss in more detail in this article.