Value Based Performance Measures: Theoretical Evaluation and Empirical Analysis of Their Application and Value Relevance on a European Level

ISBN-13: 9783658314286 / Angielski / Miękka / 2020 / 309 str.

Nils Eikelmann

Spis treści

Framework conditions for the application of value based performance measures.- Critical evaluation of selected value concepts.- Application and value relevance of value based performance measures in Europe.

O autorze

Nils Eikelmann works in the accounting department of a German power supply company. He received his doctorate from the Universidad Católica de Murcia, Spain. As a part-time lecturer he teaches accounting at the FOM Hochschule für Oekonomie & Management Essen, Germany.

Blurb

Nils Eikelmann describes the framework conditions for the application of value-based performance measures and critically analyses selected ones. The disclosure of value-based performance indicators is important in order to demonstrate the successful management of a company and to satisfy the increasing information needs of investors. However, companies adapt the developed theoretical concepts of value-based performance measures to their practical needs and thus investors are no longer able to compare the performance of companies. In addition, there is a variety of different metrics from which companies can choose. The empirical study aims to reduce existing research gaps and is divided into three parts: the analysis of annual reports of selected European companies, the calculation of a standardised value-based performance measure and a value relevance study in the form of an association study. 

Contents

• Framework conditions for the application of value based performance measures
• Critical evaluation of selected value concepts
• Application and value relevance of value based performance measures in Europe

Target Groups

• Scientists and students in the field of controlling and accounting
• Practitioners in the same fields

About the Author 

Nils Eikelmann works in the accounting department of a German power supply company. He received his doctorate from the Universidad Católica de Murcia, Spain. As a part-time lecturer he teaches accounting at the FOM Hochschule für Oekonomie & Management Essen, Germany.