TY - JOUR
T1 - Multi-Dimensional Performance Measurement Practices in Developing Countries
T2 - a Literature Review and Future Research Direction
AU - Khan, Habib
PY - 2016
Y1 - 2016
N2 - This study reviews work on multi-dimensional performance measurement (MPM) and MPM tools such as the balanced scorecard (BSC) in developing countries. 103 papers published by accounting, performance measurement and management journals between 1987 and 2013 are analysed according to their topics, settings, theories and research methods. The principal findings are that firms in developing countries: use MPM but rates vary between countries; BSC was a popular MPM tool; MPM usage was related to varied internal and external factors; the manufacturing sector was the main focus of MPM research; and most studies fail to explicitly articulate their theoretical perspective, identify research gaps or reveal their research motivation. Following this review on MPM usage, MPM in developing countries is presented, and important future research directions identified and presented in the form of research questions.
AB - This study reviews work on multi-dimensional performance measurement (MPM) and MPM tools such as the balanced scorecard (BSC) in developing countries. 103 papers published by accounting, performance measurement and management journals between 1987 and 2013 are analysed according to their topics, settings, theories and research methods. The principal findings are that firms in developing countries: use MPM but rates vary between countries; BSC was a popular MPM tool; MPM usage was related to varied internal and external factors; the manufacturing sector was the main focus of MPM research; and most studies fail to explicitly articulate their theoretical perspective, identify research gaps or reveal their research motivation. Following this review on MPM usage, MPM in developing countries is presented, and important future research directions identified and presented in the form of research questions.
KW - Performance Measurement
KW - Multi-Dimensional Performance Measures
KW - Developing Countries
KW - Multiple Industries
U2 - 10.22495/cocv13i2c3p1
DO - 10.22495/cocv13i2c3p1
M3 - Article
SN - 1727-9232
VL - 13
SP - 497
EP - 517
JO - Corporate Ownership and Control
JF - Corporate Ownership and Control
IS - 2
ER -