External value measures are the favorite tools of modern investors and managers to assess current and prospective company's ability to achieve the goal of maximizing shareholder value. They provide a market assessment of intrinsic value of a company, and management's performance and strategy....

The main goal of this study is to analyze the influence of continuous improvement programs on internal and external performance measures of the company, as well as on management accounting. We examine the changes in internal measures of productivity and external measures profitability after the...