运用SEM方法对企业战略、不确定性和市场地位对财务指标的影响进行实证研究

Q4 Economics, Econometrics and Finance

International Journal of Accounting, Auditing and Performance Evaluation Pub Date : 2014-04-01 DOI:10.1504/IJAAPE.2014.060210

A. Krishnan, R. Ravindran, P. Joshi

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引用次数: 0

摘要

绩效评估系统(PMS)一直是会计和管理领域许多杰出研究者的一个突出研究课题。绩效指标在PMS主要集中在财务方面，是不够的，今天的竞争激烈的商业环境，以衡量公司的成功。因此，企业采用非财务措施来补充财务措施。研究工作广泛地集中在影响财务和非财务绩效指标的变量上，这些变量为公司的战略方向提供了有价值的信息。其中，企业战略、环境不确定性和市场地位对绩效指标有一定影响。本研究运用结构方程模型(SEM)方法实证探讨了这三个研究变量对财务维度的影响。SEM分析发现，在三个自变量中，只有两个变量对财务绩效度量维度有影响。但总体上，三个潜在变量的标准回归权重都不是很强，说明财务维度受到其他因素的影响。建议在未来的研究中对其他非财务业绩指标采用类似的方法来确定其重要性。

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An empirical study of the influence of business strategy, uncertainty and market position on financial measures using the SEM approach

The performance measurement system (PMS) has been a salient research topic for many prominent researchers in the accounting and management areas. The performance measures in PMS which have mainly concentrated on the financial dimension, are insufficient for today's competitive business environment to gauge the firm's success. As a result a firm incorporates non-financial measures to supplement the financial measures. Research work has been widely focused on variables that influence both the financial and non-financial performance measures and provided valuable information for the firm's strategic direction. Among the variables, the business strategy, environmental uncertainty and market position have some influence on performance measures. This study empirically explores the influence of these three research variables on the financial dimension using the structural equation modelling (SEM) approach. The SEM analysis has revealed that among the three independent variables, only two variables have influence on the dependent financial performance measure dimension. However, on the whole, the standard regression weight of all three latent variables is not very strong, indicating that other elements are influencing the financial dimension. A future study is recommended using a similar approach on other non-financial performance measures to identify the significance.

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来源期刊

International Journal of Accounting, Auditing and Performance Evaluation Economics, Econometrics and Finance-Finance

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： IJAAPE publishes original scholarly papers across the whole spectrum of: financial accounting, managerial accounting, accounting education, auditing, taxation, public sector accounting, capital market and accounting, accounting information systems, performance evaluation, corporate governance, ethics, and financial management. All methodologies, such as analytical, empirical, behavioural, surveys, and case studies are welcome. IJAAPE encourages contributions especially from emerging markets and economies in transition and studies whose results are applicable across nation states or capable of being adapted to the different accounting and business environments.