The Construction Research On Performance Measurement Models On Internal Units Of Enterprises Group

As the important means for managerial and capital control, performance measurement has played an important role for an enterprises group in reinforcing the internal management, ensuring the effective implementation of enterprises group's strategy and enhancing the core competitive competence as a whole. The performance measurement on internal units of an enterprises group is different from that on a single company. Most literature about the performance measurement on internal units of an enterprises group emphasized the superficial evaluation elements, such as performance indicators, performance standards etc, but ignored the internal drivers of performance measurement system and the influencing mechanism of the external environment.Through the comparison and analysis of the prior research on performance measurement models, based on Principal-agent Theory, System Theory and Contingency Theory, this dissertation constructs three performance measurement models on internal units of an enterprises group, which are the strategic controlling model, the strategic planning model and the financial controlling model. The main contents and contributions are as follows.(1) According to the difference of an enterprises group strategic management,management styles, organizational structures and internal governances, this dissertation analyzes the specialties and the basic principle for performance measurement on units of an enterprises group and further constructs three performance measurement models different from the existing, which are the strategic controlling model, the strategic planning model and the financial controlling model.(2) This dissertation expounds the difference of appraiser, performance objective and target under the different models, and especially emphasize how to design and select performance indicators, performance standards and performance method, which are verified by the case of constructing the performance measurement system for the enterprises group in publishing industry.(3) Through analyzing the influence of contingent factors(such as enterprises group's strategy, management styles, organizational structures and corporate governances, external environments, organizational culture, products specification and technical characteristic etc) on the performance measurement elements, this dissertation summarizes the influencing mechanism of contingent factors on the measurement models from the influencing types and ways, in order to deal with the converse effect of contingent factors on constructing the performance measurement models.(4) This dissertation rebuilds the theory framework of the performance measurement on internal units of enterprises group, which consists of core theory, supporting theory and other related theory. The supporting theory includes Principal-agent Theory, System Theory and Contingency Theory, and the core theory is composed of the research on performance elements and the research of the characteristic of performance measurement system from the whole, levels, structure, function and adaptation.