| dc.description.abstract | This study investigates the extent to which firms listed at the Nairobi Stock Exchange use ‘new’ performance measures to deal with the perceived inadequacies of traditional accounting performance measures. In addition, the determinants of the use of these ‘new’ performance measures are documented. Using survey data from Kenyan firms listed at the Nairobi Stock Exchange, I find that non-financial measures appear to be used most often in addition to more traditional performance measures; economic value measures and subjective measures appear to be used to a lesser extent. Second, the results indicate that size is positively related to the use of economic value measures. Growth mission, task culture and size are all positively associated with the use of non-financial measures. Finally the relative use of subjective performance measures is negatively related to size. | en |
