Performance Measurement and Financial Results in Polish Enterprises: Empirical Evidence

Wanda Skoczylas () and Piotr Waśniewski ()
Additional contact information
Wanda Skoczylas: University of Szczecin
Piotr Waśniewski: University of Szczecin

A chapter in Efficiency in Business and Economics, 2018, pp 187-201 from Springer

Abstract: Abstract The paper presents results of a study, which was conducted twice, in the years 2012 and 2014, examining relationships between the solutions adopted within performance measurement systems and financial performance (profit/loss) in Polish companies. In the light of the complexity of performance measurement systems, two approaches were adopted in the study. In the first approach, the focus was on separate and most frequently used individual elements of the system, considered as important. In the second approach, three types of systems were examined; they were created and defined in the process of gradual adding new elements from among those accepted for the study. The association between variables was evaluated with Pearson’s chi-squared test for independence and Tschuprow’s T coefficient. The results obtained in the study do not provide a conclusive answer as to the association between given solutions adopted within performance measurement systems and financial results reported by companies. This association was found to be significant for selected elements of a performance measurement system in the study carried out in 2014. These elements include: having a strategy incorporating measurable goals, and linking performance measures to the incentive system in the group of companies whose strategies incorporate measures.

Keywords: Performance measurement; Financial performance; Association analysis (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-68285-3_15

Ordering information: This item can be ordered from
http://www.springer.com/9783319682853

DOI: 10.1007/978-3-319-68285-3_15

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().