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Remedies for Myopia in Financial Performance by hoangmyduyennguyen2004 is a document available to read on EtoBox.
Chapter 11 discusses remedies for myopia problems in financial performance measurement, highlighting the limitations of accounting income and the need for a balance between short-term and long-term results. It proposes six remedies to alleviate myopia, including reducing pressure for short-term profits, extending measurement horizons, and using the Balanced Scorecard approach to integrate financial and non-financial performance measures. The chapter also addresses the limitations of the Balanced Scorecard,
- Author
- hoangmyduyennguyen2004
- Language
- EN