dc.contributor.author |
Marginson, David |
|
dc.contributor.author |
McAulay, Laurie |
|
dc.contributor.author |
Roush, Melvin |
|
dc.contributor.author |
van Zijl, Tony |
|
dc.date.accessioned |
2012-05-09T00:11:30Z |
|
dc.date.accessioned |
2022-07-05T02:35:25Z |
|
dc.date.available |
2012-05-09T00:11:30Z |
|
dc.date.available |
2022-07-05T02:35:25Z |
|
dc.date.copyright |
2009 |
|
dc.date.issued |
2009 |
|
dc.identifier.uri |
https://ir.wgtn.ac.nz/handle/123456789/18675 |
|
dc.description.abstract |
We examine the relationship between performance measurement systems and short-termism. Hypotheses are tested on a sample of senior managers drawn from a major telecommunications company to determine the extent to which the diagnostic and interactive uses of financial and non-financial measures give rise to short-termism. We find no evidence to suggest that the use of financial measures, either diagnostically or interactively, leads to short-term behaviour. In contrast, we find a significant association between the use of non-financial measures and short-termism. Results suggest that the diagnostic use of non-financial measures leads managers to make inter-temporal trade-off choices that prioritise the short term to the detriment of the long term, while we find interactive use is negatively associated with short-termism. We find an imbalance in favour of the diagnostic use over the interactive use of non-financial performance measures is associated with short-termism. Overall, findings highlight the importance of considering the specific use of performance measures in determining the causes of short-termism. |
en_NZ |
dc.format |
pdf |
en_NZ |
dc.language.iso |
en_NZ |
|
dc.publisher |
Te Herenga Waka—Victoria University of Wellington |
en_NZ |
dc.relation.ispartofseries |
Working Paper |
en_NZ |
dc.relation.ispartofseries |
No. 66 |
en_NZ |
dc.relation.uri |
http://www.victoria.ac.nz/sacl/cagtr/working-papers/WP66.pdf |
|
dc.subject |
financial measures |
en_NZ |
dc.subject |
non-financial measures |
en_NZ |
dc.subject |
diagnostic control |
en_NZ |
dc.subject |
interactive control |
en_NZ |
dc.subject |
short-termism |
en_NZ |
dc.title |
Performance Measures and Short-Termism: An Exploratory Study |
en_NZ |
dc.type |
Text |
en_NZ |
vuwschema.contributor.unit |
Centre for Accounting, Governance and Taxation Research |
en_NZ |
vuwschema.contributor.unit |
School of Accounting and Commercial Law |
en_NZ |
vuwschema.subject.anzsrcfor |
150199 Accounting, Auditing and Accountability not elsewhere classified |
en_NZ |
vuwschema.type.vuw |
Working or Occasional Paper |
en_NZ |
vuwschema.subject.anzsrcforV2 |
350199 Accounting, auditing and accountability not elsewhere classified |
en_NZ |