Peer performance and budgetary targets
Published in Strategic Finance, 2021
Peer benchmarks can shape annual targets and the incentives for business units to cooperate.
Article overview
Using past peer performance benchmarks can be an effective way to set annual performance targets, but it might discourage cooperation among business units…
Citation
Holzhacker, M., Kramer, S., & Matejka, M. (2021). Peer performance and budgetary targets. Strategic Finance
This practitioner article draws on Relative target setting and cooperation, published in the Journal of Accounting Research in 2019.