Total Performance Measurement System for Public Enterprises: A Framework

01/06/1976

Total Performance Measurement System for Public Enterprises: A Framework

Dholakia Nikhilesh and Khurana Rakesh

Working Papers

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The present system of auditing in public enterprises focuses mainly on economic variables-it does not give a complete picture of how well a public enterprise is performing in relation to the preference systems impingent on it. The performance measurement system outlined in this paper yields a vector of performance indices, economic and non-economic, measured in financial and non-financial terms. These indices can be used by enterprise "stakeholders" to evaluate and influence performance.

IIMA