Bringing Strategy Back into Financial Systems of Performance Measurement: Integrating EVA and PBC
Business Systems Review, Vol 1. Issue 1. pp.85-102, 2012
18 Pages Posted: 8 Nov 2012
There are 2 versions of this paper
Bringing Strategy Back into Financial Systems of Performance Measurement: Integrating EVA and PBC
Date Written: September 28, 2012
Abstract
This paper proposes a performance and cost measurement system that integrates the Economic Value Added criteria (EVA) with Process Based Costing (PBC). The EVA-PBC methodology allows us to implement the EVA management logic non only at the firm level, but also at lower levels of the organization. We discuss the role of EVA-PBC methodology in bringing strategy back into financial performance measures.
Keywords: EVA, Processes, Capital Costs, Corporate Strategy, Business Strategy
JEL Classification: M1
Suggested Citation: Suggested Citation
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