Contemporary Performance Measurement Systems: A Critical Analysis

Article Critique Assignment (Weighting
percentage- 30%)
Management Accounting PG 6253,
Semester 2, 2018

Table of Contents
1. Introduction..................................................................................................................................3
2. Main body....................................................................................................................................3
2 (a). Summary paragraph...........................................................................................................3
2. (b). Assessment paragraphs.....................................................................................................4
Conclusion.......................................................................................................................................6
References........................................................................................................................................7

1. INTRODUCTION
The present study aims to make a critical analysis of considered research study that is
Contemporary performance measurement systems: A review of their consequences and a
framework for research and author of the study is Monica Franco-Santos a, Lorenzo Lucianetti
and Mike Bourne. This will be including of conceptual structure for interpreting the literature on
the outcomes of contemporary performance systems and the theories, supporting and explaining
the same consequences. Further, the framework is conducted on the basis of a deep review of 76
key studies in best academic journals in terms of operations, accounting and strategy. The study
intends to generate a better critique of a research article that critically evaluates the strengths,
weaknesses, as well as opportunities and internal and external validity, supported by validity and
reliability of appropriate measures. The study is based on secondary sources of data published in
the literature review, as all the information and data is collected from secondary sources and the
literature review is performed by following six key steps namely: a scoping study, literature
searching with identification of relevant studies, selection of studies that met the criteria,
development of dataset covering main variables, impacts of CPM system and assessing the
insights gained from literature review to arrive at valid conclusions(Franco-Santos, Lucianetti
and Bourne, 2012).
2. MAIN BODY
2 (a). Summary paragraph
The entire framework has classified the CPM’s outcomes into three elements which are
individual behaviour, performance consequences and organizational capabilities. In addition, the
paper considers the existing knowledge on the influence of the CPM, assessing the instability of
the limitation and scope of future research (Franco-Santos, Lucianetti and Bourne, 2012). At
present, contemporary performance measures are made up of the utilization of financial and non-
financial performance measures associated with the ultimate business strategy of the
organization.
The study makes evidence from the review conducted from 76 empirical studies that make a
suggestion, that CPM system considerably impacts the individual conduct, performance