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Does Performance Measurement System Influence Firm’s Performance? Evidence from Nigerian Bailed-Out Banks

Mohamed Rapiah, Che Zuriana Muhammad Jamil and Nuraddeen Shehu Aliyu
Page: 7143-7147 | Received 21 Sep 2022, Published online: 21 Sep 2022

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Abstract

The increase uncertainty, complexity and competition within the business environments necessitated the need to adopt a Performance Measurement System (PMS) by firms in order to improve their performance. This study examined the relevance of PMS in the troubled bailed-out banks in Nigeria using the PLS-SEM approach. Based on a survey method, responses were received from managers concerning how PMS is applied and used to enhance firm’s performance. The results of our analysis showed that PMS is strongly positively related to banks performance. Thus, the use of PMS in firms is highly encourage in order for them to survive, compete and succeed in the present uncertain business environment.

How to cite this article:

Mohamed Rapiah, Che Zuriana Muhammad Jamil and Nuraddeen Shehu Aliyu. Does Performance Measurement System Influence Firm’s Performance? Evidence from Nigerian Bailed-Out Banks.
DOI: https://doi.org/10.36478/sscience.2016.7143.7147
URL: https://www.makhillpublications.co/view-article/1818-5800/sscience.2016.7143.7147