Dynamic performance measurement

Author(s)

• Dutta, Sunil

Bibliographic Information

Dynamic performance measurement

Sunil Dutta

（Foundations and trends in accounting / editor-in-chief, Stefan J. Reichelstein, v. 2, issue 3）

Now, c2008

Note

Includes bibliographical references(p.67-71)

Description and Table of Contents

Description

Dynamic Performance Measurement examines alternative performance measures and their ability to align the interests of owners and managers. It advocates and illustrates the use of dynamic models to examine the incentive properties of commonly used accounting performance metrics. Drawing from recent work in this emerging field, this treatise illustrates how one can use tractable multiperiod models to shed light of fundamental interest to accountants. The book focuses on the body of research that has reviewed multiperiod models of accrual accounting. The author: examines the choice of goal congruent performance measures; explains how the insights obtained from the goal congruent framework can be adapted to second-best contracting in formal agency models; builds an analytically tractable multiperiod moral hazard model with a risk averse manager to examine the issue of aggregate accounting and non-accounting information in optimal performance measures.

Table of Contents

1. Introduction. 2. Goal Congruent Performance Measures. 3. Optimal Performance Measures. 4. Performance Measures based on Stock Price and Accounting Information. 5. Concluding Remarks. Appendix. References

by "Nielsen BookData"

• NCID: BA91414699
• ISBN:
  • 9781601981660
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Boston, Mass.
• Pages/Volumes: ix, 71 p.
• Size: 24 cm
• Classification:
  • DC22 : 658.1511
• Subject Headings:
  • LCSH : Managerial accounting -- Mathematical models
  • LCSH : Accrual basis accounting
  • LCSH : Risk management -- Econometric models
  • LCSH : Performance standards
• Parent Bibliography ID:
  • BA82927885