scholarly journals Analysis of Value－Profit Chain within the Framework of Performance Measurement Models－ From the Customers and Financial Perspectives－

2007 ◽  
Vol null (17) ◽  
pp. 23-48
Author(s):  
Moo-Hyun Park
Keyword(s):  
Performance Measurement ◽  
Measurement Models ◽  
Value Profit Chain

scholarly journals Effects of enterprise sustainability on performance

2020 ◽  
Vol 4 (2) ◽  
pp. 11-23
Author(s):  
Violeta Domanović ◽  
Jasmina Bogićević ◽  
Bojan Krstić
Keyword(s):  
Performance Measurement ◽  
Business Performance ◽  
Business Environment ◽  
Business Rules ◽  
Research Results ◽  
Measurement Models ◽  
Long Run ◽  
New Business ◽  
The Subject ◽  
Sustainability Report

Contemporary business environment imposes new business rules. The maximization of profit and shareholder value cannot be the only aim of an enterprise. Instead, enterprises are forced to maximize value of all stakeholders in order to survive in the long run. The issue of sustainability has become of crucial significance, and especially measurement and reporting on sustainability, as well as, its effects on financial performances, as still dominant ones in the contemporary business performance measurement models. Hence, the subject of the research is the enterprise sustainability in the contemporary business environment. The aim of the research is to stress the role and the significance of the sustainability in the process of improving the enterprise efficiency. The research results show that the enterprise sustainability has the positive implications on the business performances in the long run, as well as on the welfare of all stakeholders. In order to be more transparent, it is desirable for enterprises to create the sustainability report, in the integration with the traditional business report, which would give the complete overview of enterprise efficiency.

Preferences-Based Performance Measurement Models

2013 ◽  
pp. 62-84
Keyword(s):  
Probability Theory ◽  
Performance Measurement ◽  
Mathematical Theory ◽  
Utility Functions ◽  
Subjective Expectations ◽  
Von Neumann ◽  
Measurement Models

It is shown that the human subjective expectations for the uncertainty events can be described mathematically with the terms of the probability theory and can be inserted into the mathematical theory of von Neumann and Morgenstern. Some examples of utility functions are shown.

Relations among Measures, Climate of Control, and Performance Measurement Models

2007 ◽  
Vol 24 (3) ◽  
pp. 935-982 ◽  
Author(s):  
Mary Malina ◽  
Hanne Nørreklit ◽  
Frank Selto
Keyword(s):  
Performance Measurement ◽  
Measurement Models ◽  
And Performance

The role of performance measurement models in multi level alignment

2014 ◽  
Vol 34 (9) ◽  
pp. 1153-1183 ◽  
Author(s):  
Rodney McAdam ◽  
Shirley-Ann Hazlett ◽  
Brendan Galbraith
Keyword(s):  
Performance Measurement ◽  
Conceptual Framework ◽  
Business Strategy ◽  
Theory Building ◽  
Content Type ◽  
Functional Strategy ◽  
Measurement Models ◽  
Level 1 ◽  
Level 2

Purpose – Market deregulation in the utilities sector has led to increased competition and rising customer expectations in both established and new markets. This, in turn, has forced organisations such as electricity and telecoms to make rapid, enterprise-wide changes on an increasingly frequent basis which in turn has led to problems with alignment. Misalignment can occur at many levels and can result in misused resources, loss of competitiveness, excessive cycle times, higher costs and loss of agility. The purpose of this paper is twofold. Given the lack of overarching theory, the paper begins by borrowing from contingency, dynamic capability and organisational learning constructs, to explore the role that performance measurement models can bring to improve the alignment between business strategy and functional strategy (level 1 alignment). Second, the paper analyses the role of performance measurement models in developing functional practices aligned with supply chain management (SCM) strategies (level 2 alignment). Design/methodology/approach – The study adopts an exploratory theory-building approach using four case studies. These are used as key supply chains in both established and new business areas within two longitudinal university-industry research partnerships (each of three years duration). Data from repeat interviews (n=42), focus groups (n=10), documentation and observations is analysed and forms the basis for the development of a conceptual framework and a set of related propositions. The data analysis followed Radnor and Boaden's (2004) method for analysing interpretive research. Findings – The findings show the role and impact of performance measurement models and methods on alignment at two levels, i.e. level 1 alignment – between business strategy and functional (SCM) strategy, and level 2 alignment – between the functional strategy (SCM) and SCM routines and practices. Originality/value – To date, there are few studies which explore the development of theory and practice in relation to the role and impact of performance measurement models and methods in improving organisational alignment. This exploratory theory building study makes a contribution to this gap through the development of the conceptual framework and propositions.

scholarly journals An empirical analysis of the performance of pension funds: evidence from UK

2014 ◽  
Vol 31 (2) ◽  
pp. 141-155 ◽  
Author(s):  
Roberta Adami ◽  
Orla Gough ◽  
Suranjita Mukherjee ◽  
Sheeja Sivaprasad
Keyword(s):  
Performance Measurement ◽  
Abnormal Returns ◽  
Pension Funds ◽  
Factor Models ◽  
Default Probability ◽  
Investment Performance ◽  
Content Type ◽  
Measurement Models ◽  
Bond Returns ◽  
French Model

Purpose – This paper aims to examine the investment performance of pension funds in the UK using the three standard performance measurement models, the capital asset pricing model (CAPM), Fama-French model and the Carhart model. Design/methodology/approach – The authors use the CAPS-Mellon survey data for the period 1990-2008 and employ the three standard performance measurement models, the CAPM, Fama-French model and the Carhart model in assessing the investment performance of the pension funds. Findings – The authors show that the abnormal returns of pension funds cannot be fully explained by size, book-to-market values, market returns, momentum and the term spread. The authors find larger abnormal returns in bond than in equity portfolios and that smaller funds outperform larger funds. The paper also shows that the addition of the momentum factor does not improve on the three-factor Fama-French model. The authors find that pension funds exhibit superior performance relative to the linear factor models. Research limitations/implications – First, this study contributes to the extant literature on pension funds performance. Future research may also extend the authors' work to incorporate economic, tax, political and legal differences across the countries on the performance of pension funds. Second, due to data constraints, this study excludes the default probability of corporate bonds as an additional variable in their tests on bond returns. Future work may add the default probability as an additional variable whilst examining bond returns. Practical implications – The authors believe that the findings will be considerable food for thought for fund managers who continuously attempt to explore opportunities to provide a higher return to investors. Originality/value – To the authors' knowledge, this is the first comprehensive study that investigates the performance of UK equity and bond pension funds relative to standard linear factor models such as the CAPM, Fama and French, and Carhart.

scholarly journals Performance Measurement of Academic Information Systems using Performance Prism and ISO/IEC 25010

The Winners ◽  
2020 ◽  
Vol 21 (2) ◽  
Author(s):  
Liulliyah Liulliyah ◽  
Apol Pribadi Subriadi
Keyword(s):  
Information Systems ◽  
Performance Measurement ◽  
Performance Indicators ◽  
Research Approach ◽  
System Quality ◽  
Performance Information ◽  
Existing Problems ◽  
Measurement Models ◽  
Action Research Approach ◽  
Academic Information

The aim of the research was to measure system performance information in terms of system quality using the ISO/IEC 25010 model and involve stakeholders using the Performance Prism (PP) model. The research applied an action research approach where researchers developed performance measurement models and solved existing problems. The research produced 41 performance indicators, which were used to measure academic information system. The results in general academic information systems have a performance value of 5,522.

Behavioral-Economic Nudges and Performance Measurement Models

2014 ◽  
Vol 27 (1) ◽  
pp. 27-45 ◽  
Author(s):  
Mary A. Malina ◽  
Frank H. Selto
Keyword(s):  
Performance Measurement ◽  
Balanced Scorecard ◽  
Empirical Support ◽  
Measurement Model ◽  
Data Availability ◽  
Behavioral Economic ◽  
The Balanced Scorecard ◽  
Measurement Models ◽  
Economic Framework ◽  
And Performance

ABSTRACT We describe the context wherein a Fortune 500 company's performance measurement model (PMM) has endured and evolved over a 15-year period. The PMM's tenure and continued importance refute the alleged faddish nature of PMMs such as the Balanced Scorecard, at least in this case, and allow identification of factors that add to theory about PMM longevity. We use a behavioral-economic framework and qualitative and quantitative data to examine the mechanisms behind this successful PMM. Aspects of the way the PMM is designed and implemented appear to enable the company using the PMM to exploit or mitigate common behavioral heuristics and biases in decision-making. The PMM helps manage cognitive load in a way that is consistent with the company's priorities, and it manages biases by allowing the company to frame performance information in ways that nudge managers toward strategically important results and risks. The behavioral-economic connection might be a reason why this PMM, and perhaps others, endures. Thus, this study adds to and presents preliminary empirical support for testable behavioral-economic PMM theory. Data Availability: Use of all data collected for this study is regulated by a strict nondisclosure agreement, which requires the researchers to protect the company's identity and its proprietary information.

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