Performance measurement at Nordic companies

Kald, Magnus; Nilsson, Fredrik

doi:10.1016/s0263-2373(99)00074-2

Cited by 124 publications

(121 citation statements)

References 13 publications

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“…Using another type of clustering, for example geographical clustering, the HMH countries are all from Western Europe but not all Western European countries have high moral hazard. Northern European companies are considered as well developed in terms of performance measures (Kald and Nilsson 2000); in our analysis they are distributed across all three clusters: Sweden, Norway, Lithuania, Finland and Denmark in the LMH cluster, Latvia in the MMH and Iceland in the HMH. Again, prior expectations about moral hazard behaviour are not totally consistent with previous clustering studies.…”

Section: Does the Pattern Differ Across Europe?mentioning

confidence: 99%

Negative equity companies in Europe: theory and evidence

Urionabarrenetxea

San-José

Retolaza³

2016

Business: Theory and Practice

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Businesses in technical bankruptcy are part of the European context, many of them in such financial distress that they have lost all their equity and a very high percentage of them have even incurred negative equity. There is a very little literature analysing these companies; moreover, they are considered as out of the ordinary because they do not fit into conventional theories of business, and are removed from most samples. They are largely neglected. The research questions posed here are a step towards remedying this: "What are the scale and the economic impact of negative equity companies in terms of risk transference?", "Does this problem differ from one European country to another?", "Is it an effect of the crisis?".Using the Bureau Van Dijk's Amadeus database, we find that nearly 20% of companies have negative equity. Such companies handle more than one billion Euros, i.e. nearly 10% of European GDP. So the results suggest that negative equity companies have a high weight in Europe and, based on the country cluster studied, it seems that neither culture nor geographical area is determinant in explaining their distribution across countries. Nor is the crisis a determinant in explaining their existence, so the problem is not cyclical but structural.These findings have potentially important implications in encouraging European decision makers to factor such companies into their policies and to include them in economic models.

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Section: Does the Pattern Differ Across Europe?mentioning

confidence: 99%

Negative equity companies in Europe: theory and evidence

Urionabarrenetxea

San-José

Retolaza³

2016

Business: Theory and Practice

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“…roles that SPMS may play in organisational life is far broader (Atkinson et al, 1997;Micheli and Manzoni, 2010;Tayler, 2010;Wiersma, 2009) and include supporting the bottom-up development of innovative initiatives and unanticipated emergent strategies (Bisbe and Otley, 2004;Henri, 2006;Simons, 1995;Tuomela, 2005;Widener, 2007); as well as assisting in the revision or (re)formulation of intended strategies (Bourne et al, 2000;Campbell et al, 2008, Gimbert et al, 2010Kald and Nilsson, 2000;Kaplan and Norton, 2008). In this paper, we specifically focus on this latter role and investigate whether the plausible relationship that exists between SPMS and organisational performance is accounted for, at least in part, by variables related to the processes of (re)formulating intended strategies.…”

Section: Spms Performance and Strategy (Re)formulationmentioning

confidence: 99%

Using strategic performance measurement systems for strategy formulation: Does it work in dynamic environments?

Bisbe

Malagueño

2012

Management Accounting Research

174

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“…A study of major Swedish companies found that 27% of those included had already implemented the BSC (Kald and Nilsson, 2000). If we include the companies that say they expect to have the BSC within two years, the share rises to 61%.…”

Section: Introductionmentioning

confidence: 99%

Bundling and diffusion of management accounting innovations—the case of the balanced scorecard in Sweden

Bjørnenak

2005

Management Accounting Research

210

203

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Most changes in accounting are the direct or indirect consequences of diffusion processes. A study of how management accounting innovations are being adjusted and bundled together with other ideas to facilitate entry into new markets may help us to a better understanding of the popularity and adoption of management accounting practices. The present study looks at the communication, diffusion and transformation of the Balanced Scorecard (BSC) in Sweden from a supply side perspective. The high interpretative viability (Benders and van Veen, 2001) of the BSC allows for different interpretations and uses of the concept that could potentially increase the supply side effect in the diffusion process, e.g. by including elements that reduce barriers and resistance to change. We have identified three elements that the propagators of the BSC include in their Swedish BSC package, in order to make the innovation more attractive to a potential Swedish adopter market.

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Performance measurement at Nordic companies

Cited by 124 publications

References 13 publications

Negative equity companies in Europe: theory and evidence

Negative equity companies in Europe: theory and evidence

Using strategic performance measurement systems for strategy formulation: Does it work in dynamic environments?

Bundling and diffusion of management accounting innovations—the case of the balanced scorecard in Sweden

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