A Survey Study on the Use of Non-financial Performance measures in the Scheme of Divisional Managers’ Incentive Contracts
This paper discusses factors in determining the weights of performance measures in divisional managers’ contract design through questionnaire survey method. The results shows that the higher the degree between divisional strategy synergy, the higher the weight of nonfinancial performance measures in divisional managers’ incentive contracts, and the more private information the divisional manager has about the divisions and the bigger the divisional managers’ action on divisional shortterm financial performance, the lower the weight of nonfinancial performance measures in divisional managers’ incentive contracts. This paper not only provides the corresponding empirical evidence on the existing theoretical research about performance measures, but also provides certain enlightenment for division managers contract design.
non-financialperformancemeasures divisionalmanager contactscheme
Wang Hua-bing
Accounting department City college of Wenzhou University Wenzhou, Zhejiang Province
国际会议
广州
英文
1-4
2011-05-13（万方平台首次上网日期，不代表论文的发表时间）