Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia
In today’s competitive business environment, firms are emphasising the use of an integrated performance system consisting of both financial and non-financial measures. The emphasis on non-financial measures that drives the financial outcome adds value to the strategic goals of organisation. Literatu...
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| Format: | Journal Article |
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Inderscience Publishers
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/6995 |
| _version_ | 1848745238957391872 |
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| author | Krishnan, Anbalagan |
| author_facet | Krishnan, Anbalagan |
| author_sort | Krishnan, Anbalagan |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In today’s competitive business environment, firms are emphasising the use of an integrated performance system consisting of both financial and non-financial measures. The emphasis on non-financial measures that drives the financial outcome adds value to the strategic goals of organisation. Literature highlights the causal relationship between the financial and non-financial performance and empirically examined in the Western context but seems to be still lacking in Malaysia. Therefore, this study explores the association between the financial and non-financial measures in the context of the Malaysian business environment. This study uses the structural equation modelling (SEM) which is a superior research tool to measure the causal relationship between the financial and non-financial performance measures in comparison to other multivariate techniques. Although in the Malaysian business environment, the financial motive is still prominent, as compared to the non-financial aspects, the study has proved statistically there is causal link between financial and non-financial measures. |
| first_indexed | 2025-11-14T06:14:11Z |
| format | Journal Article |
| id | curtin-20.500.11937-6995 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:14:11Z |
| publishDate | 2014 |
| publisher | Inderscience Publishers |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-69952017-09-13T14:40:30Z Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia Krishnan, Anbalagan non-financial performance measure financial performance measure causal relationship Malaysia traditional measurement system In today’s competitive business environment, firms are emphasising the use of an integrated performance system consisting of both financial and non-financial measures. The emphasis on non-financial measures that drives the financial outcome adds value to the strategic goals of organisation. Literature highlights the causal relationship between the financial and non-financial performance and empirically examined in the Western context but seems to be still lacking in Malaysia. Therefore, this study explores the association between the financial and non-financial measures in the context of the Malaysian business environment. This study uses the structural equation modelling (SEM) which is a superior research tool to measure the causal relationship between the financial and non-financial performance measures in comparison to other multivariate techniques. Although in the Malaysian business environment, the financial motive is still prominent, as compared to the non-financial aspects, the study has proved statistically there is causal link between financial and non-financial measures. 2014 Journal Article http://hdl.handle.net/20.500.11937/6995 10.1504/AAJFA.2014.067016 Inderscience Publishers restricted |
| spellingShingle | non-financial performance measure financial performance measure causal relationship Malaysia traditional measurement system Krishnan, Anbalagan Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia |
| title | Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia |
| title_full | Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia |
| title_fullStr | Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia |
| title_full_unstemmed | Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia |
| title_short | Performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in Malaysia |
| title_sort | performance measurement link between the balanced scorecard dimensions: an empirical study of the manufacturing sector in malaysia |
| topic | non-financial performance measure financial performance measure causal relationship Malaysia traditional measurement system |
| url | http://hdl.handle.net/20.500.11937/6995 |