residual income—another performance measurement

... in measuring performance Most current performance measurement techniques are returns-based, and involve regressing the return of a portfolio on some benchmark return The measure of performance, ... University of Washington Conditional Performance Measurement using Portfolio Weights: Evidence for Pension Funds June 2001 Abstract Recent studies of portfolio performance have separately introduced ... bias” We use the new measure to provide fresh insights about performance in a sample of U.S equity pension fund managers Measuring the performance of a managed portfolio has long been of interest

Ngày tải lên: 29/04/2013, 14:07

... can capture the performance construct. As such, job performance is best measured in terms of task performance and contextual performance or job relevant behaviors needed to enhance performance-related ... 1: Factor Loadings for Job Performance Reliability Job Performance # of item Mean α Task Performance 16 5.906 0.921 Contextual Performance 9 5.538 0.936 Overall Job Performance 25 5.773 0.927 ... asserted that performance measure that is based on the performance appraisal items offers higher reliability in evaluating performance. Schmitt and Chan in Motowidlo (2003) categorized job performance

Ngày tải lên: 11/09/2013, 11:44

... 1.1 GENERAL IDEAS OF PERFORMANCE MEASUREMENT Performance measurement is fairly unique There are many parameters and events that can be measured and many measurements that can... CORRELATIONS ... and aggregate appropriate measurement results Nowadays even Technical Standard 3GPP 32.403 (Telecommunication Management Performance Management (PM) Performance Measurements...Preface Having ... Hinton, for their strong support 1 Basics of Performance Measurement in UMTS Terrestrial Radio Access Network (UTRAN) Performance measurement represents a new stage of monitoring

Ngày tải lên: 06/03/2014, 19:20

... 2.2 Overview of performance measurement 2.3 Overview of maintenance performance measurement 11 2.4 Emerging issues in performance measurement 18 2.4.1 Measuring performance in ... performance measurement area and, a subsequent revolution, in the theory related to the performance measurement. .. differences in the perception of the performance measurement ... Maintenance performance perception at the department level 54 4.4 4.3.1 Importance of the performance dimensions 54 4.3.2 Performance dimensions correlation 55 4.3.3 Key performance

Ngày tải lên: 10/11/2015, 11:37

... Performance measurement 1.1.1 The importance of performance measurement 1.1.2 Performance measurement classification 1.1.3 Performance measurement level 1.1.4 Performance ... about performance measurement and balance scorecard;  To apply reviewed literature to analyze the strengths and weaknesses of performance measurement of MSB’s branches;  To recommend a new performance ... biggest banks in Vietnam in 2013 Performance measurement is one of the most important initiatives which they must revise to achieve the objective Performance measurement of Maritime Bank is assigned

Ngày tải lên: 25/12/2015, 17:17

... search for performance measurement system * will find articles containing the words “performance measurement system” and “performance measurement systems”; but also “business performance measurement ... performance measurement system * will find articles containing the words performance measurement system and performance measurement systems”; but also business performance measurement ... be found Business performance measurement 787 “Strategic performance measurement defines the focus and scope of management accounting [ .] The process of strategic performance measurement begins

Ngày tải lên: 17/04/2016, 12:25

... 54 [...]...Uses of Residual Income Models 10 Forecasting Residual Income 11 Forecasting Residual Income: Example 12 Forecasting Residual Income: Example 13 Residual Income ... Residual Income Valuation Valuation: 중앙대학교 경영학부 박창헌 교수 The Concept of Residual Income Calculating Residual Income Calculating Residual Income EVA (Economic Value ... Example 18 Single-stage Residual Income Valuation Model... Residual Income Valuation Model 19 Single-stage Residual Income Valuation Model 20 Single-stage Residual Income Valuation

Ngày tải lên: 09/06/2016, 19:19

... aggregate performance, return on investment and residual income measures are more appropriate than return on sales Return on investment and residual income are better measures of overall aggregate performance ... goals b Choose the time horizon of each performance measure c Choose a definition for each performance measure d Choose a measurement alternative for each performance measure 25 Should assets be ... accounting-based performance measure? a Choose performance measures that align with top management's financial goals b Choose the time horizon of each performance measure c Choose a definition for each performance

Ngày tải lên: 23/11/2016, 16:14

... easy Journal of Performance Measurement, Summer, 49–59 McLaren, A (2001) A geometric methodology for performance attribution Journal of Performance Measurement, Summer, 45–57 Performance Attribution ... Primer on fixed income performance attribution Journal of Performance Measurement, Summer, 14–25 Carino, D (1999) Combining attribution effects over time Journal of Performance Measurement, Summer, ... Multiple-period performance attribution using the Brinson model Journal of Performance Measurement, Fall, 12–22 EIPC (2002) Guidance for Users of Attribution Analysis European Investment Performance

Ngày tải lên: 30/03/2017, 17:10

... payback 153 Pentium II processor, and Intel 173–4, 175 Perera, S 76 performance information, and practice theory 122 performance measurement and the BSC 65–8, 81, 127, 131, 134 Conference Board ... 135–8, 138, 143 mini-scorecards (personal BSC) 136 and organizational strategymaking 106 and performance measurement 65–8, 81, 127, 131, 135 and practice theory 121, 122 and process approaches to ... This page intentionally left blank Controlling Strategy Management, Accounting, and Performance Measurement Edited by CHRISTOPHER S CHAPMAN Great Clarendon Street, Oxford ox2 6dp Oxford

Ngày tải lên: 01/04/2017, 10:07

... Describe residual performance measures such as residual income return on investment and economic value added (EVA) Chapter introduces the concept of ROI Chapter discusses the use of ROI to analyze performance ... stock ϩ market value of debt2 Ϫ total capital Summary There are two important residual measures of corporate performance, residual income (RI) and equity value added (EVA) RI is much less informative ... Profits 115 ROI and Investment Centers 139 Return on Technology Investment: ROTI and ROIT 155 Residual Performance Measures: RI and EVA 183 Notes 197 Index 199 v Preface he usual purpose of investing

Ngày tải lên: 04/04/2017, 14:23

... Sousa / Export Performance Measurement: An Evaluation of the Empirical Research in the Literature Export Performance Measurement: An Evaluation of the Empirical Research ... operationalize export performance, a problem that results in a variety of - mostly ad hoc - measurement schemes emphasizing different performance dimensions (Diamantopoulos 1998) These different measurement ... Sousa / Export Performance Measurement: An Evaluation of the Empirical Research in the Literature 10 TABLE Continued Performance Measure Subjective measures General Overall export performance Overall...

Ngày tải lên: 06/03/2014, 21:20

... around Measurement Areas, Measurement Categories, Measurement Groupings, and Measurement Indicators  Measurement Areas – The high-level organizing framework of the PRM capturing aspects of performance ... of a Performance Based Costing (PBC) system 13 2.2 A framework for measuring performance in new enterprise 17 2.2.1 Type of performance measurement 17 2.2.2 The importance of measurement ... 2.2.2 The importance of measurement performance 20 2.2.3 Issues with business performance measurement (BPM) 20 2.2.4 The framework for performance measurement in new company 24 2.3 Conceptual...

Ngày tải lên: 13/03/2014, 14:20

... this paper is to examine divisional performance measurement methods and related aspects of the rules of the game that govern the behavior of managers Performance measurement is one of the critical ... the performance measurement and evaluation system, (2) the reward and punishment system, and (3) the system for partitioning decision rights among individuals in an organization Performance measurement ... the performance of both individuals and subunits of an organization such as divisions or departments Performance evaluation is the process of attaching value weights to various measures of performance...

Ngày tải lên: 30/05/2014, 11:03

... Balanced Scorecard from Performance Measurement to Strategic Management: Part I’, Accounting Horizons, 15(1): 87–105 —— (2001b) ‘Transforming the Balanced Scorecard from Performance Measurement to Strategic ... strategy Information on formal fieldwork activity Corporate value, coherence, and strategic performance measurement in four cases Estimated manufacturing cost of a failure to coordinate process ... technique that started as a relatively straightforward call for greater levels of nonfinancial performance measurement (Kaplan and Norton 1992) Whilst the BSC seems ubiquitous it remains curiously...

Ngày tải lên: 20/06/2014, 18:20

... strategies (Shank and Govindarajan 1995; Kaplan and Cooper 1998) Performance measurement has evolved from enhancing the usefulness of performance measures by including both financial and non-financial ... understanding how strategy evolves within the organization Formal performance and reward systems provide information for both individual’s performance to be assessed in terms of meeting planned outcomes ... They aim to identify what is, or what should be, the strategy to lead to optimal organizational performance This involves describing the effective competitive positioning of the organization and...

Ngày tải lên: 20/06/2014, 18:20

... York: John Wiley Chenhall, R H (1997) ‘Reliance on Manufacturing Performance Measures, Total Quality Management and Organizational Performance , Management Accounting Research, 8: 187–206 —— (2003) ... Effects on Business-Unit Performance , Academy of Management Journal, 33: 259–85 —— and Gupta, A K (1985) ‘Linking Control Systems to Business Unit Strategy: Impact on Performance , Accounting, ... Improving Performance New York: Oxford University Press —— , Sutcliffe, K M., Miller, C C., and Glick, W H (1993) ‘Organizational Change and Redesign: Ideas and Insights for Improving Performance ,...

Ngày tải lên: 20/06/2014, 18:20

... perceived measurement system success and improved financial performance (Sandt et al 2001; Ittner and Larcker 2003; Marr 2004), surveys indicate that most companies with strategic performance measurement ... integrative liaison devices and firm performance There was a negative relation between the use of efficiency-based performance measures for the evaluation of manufacturing performance and the commitment ... future research is in the area of performance measurement, reward systems, and BSC Ittner et al (2003b) emphasized the need to go beyond the search for alignment of performance measures with strategy,...

Ngày tải lên: 20/06/2014, 18:20

... of performance measurements Performance measurement accounts for mutual dependency between the functions Performance measurement initiates individual goal setting and planning Performance measurement ... the firms The table also summarizes the role of performance measurement in the firms Table Corporate value, coherence, and strategic performance measurement in four cases Company name ErcoPharm ... ABC becomes activity-based management The BSC stops being a high-level performance measurement system for non-financial performance measures and becomes instead a cornerstone of strategic management—as...

Ngày tải lên: 20/06/2014, 18:20

... were catalysts for developing strategic performance measurements and the scorecard played a role in 142 ALLAN HANSEN & JAN MOURITSEN Problematization: Poor performance Decoupled processes Process ... problems, and the role of strategic performance measurement the representation of corporate value and coherence—in the four firms differed dramatically In ErcoPharm, measurements were used to link ... was so well accepted The balanced scorecard is not just a strategic measurement system, it is a short way to things better The measurements in the BSC were seen as resources for comparing sales...

Ngày tải lên: 20/06/2014, 18:20