Performance Measurement and Incentives (in English)
Objective of the course:
This course is provides an overview on the measurement of value creation in firms. Students will learn which concepts of performance measurement and management incentive systems exist and what the practical difficulties in motivating managers to use these concepts are. The course addresses the following topics: direct and indirect performance measurement, residual income concept, Cash Value Added, bonus pools, Balanced Scorecard and the Capital Asset Pricing Model. There is seminarial teaching with integrated exercises.
Lecturer: Aline Grahn
Course Type: Lecture/Tutorial
Time & Place:
Lectures: online, Wednesdays from 11am to 2pm (Nov. 4 to Dec. 16)
Tutorials: online, asynchronous (no time commitment)