The CAP reform beyond 2013: the economic performance of agricultural enterprises within the Visegrad Group

The economic performance measurement of agricultural companies involves wide range of traditional and modern performance indicators, both aggregated and analytical. The applicability of those indicators, especially the analytical such as Balanced Scorecard or Benchmarking, is still at least disputable due to the specifics of this branch of business. However, there are some efforts to modify the policy of this branch through the EU Common Agricultural Policy reforms, which are based on many open discussions among concerned parties on both national and international levels. The objective of this paper is to assess and analyse the current situation of measurement and management of economic performance of agricultural enterprises within the Visegrad group and further delineate the possibilities of efficient management of economic performance of those entities, especially in the context of scenario proposals of agricultural development beyond 2013. The future development of the agriculture in the EU member states, which is projected via proposed scenarios beyond the year 2013 calls up the employment of modern economic performance indicators both for production and non-production outputs of agricultural business entities. The objective of this effort should be seen via ensuring the sustainable and balanced development of European agricultural sector.