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Measuring Managerial Efficiency: A Balanced Approach

Author

Listed:
  • Anna Svirina

Abstract

In the paper a balanced approach to management efficiency measurement is proposed. The concept of measuring management function efficiency is presented. Most of the presented measuring instruments are non-financial in nature and are incorporated into a balanced scorecard methodology. The paper proposes weighting for each of five recommended managerial function measures in determining overall managerial performance. The implications of the technique are tested using a sample of Russian firms. The authors argue that the proposed measurement be applied not only in individual firms, but across supply chains.

Suggested Citation

  • Anna Svirina, 2010. "Measuring Managerial Efficiency: A Balanced Approach," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 4(1), pages 97-104.
  • Handle: RePEc:ibf:gjbres:v:4:y:2010:i:1:p:97-104
    as

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    References listed on IDEAS

    as
    1. Klein, April, 2002. "Audit committee, board of director characteristics, and earnings management," Journal of Accounting and Economics, Elsevier, vol. 33(3), pages 375-400, August.
    2. Peter Dawson & Stephen Dobson, 2002. "Managerial efficiency and human capital: an application to English association football," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(8), pages 471-486.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    management efficiency; management functions; balance; firms;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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