Český finanční a účetní časopis 2015(4):116-132 | DOI: 10.18267/j.cfuc.462

Performance Measurement and Its Link to Incentive System

Kateřina Knorová
Ing. Kateřina Knorová, MBA - odborná asistentka; Katedra manažerského účetnictví, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <katerina.knorova@vse.cz>.

Performance measurement is an integral part of performance management and its primary role is an information function. Performance measurement system has an impact on the motivation of individuals as well. By linking performance measures and incentive system the motivation function is strengthen. This paper analyses essential approaches that justify or disapprove the positive impact of incentives on the motivation and performance of individuals.

Keywords: Performance measurement; Incentives; Intrinsic and extrinsic motivation; Motivation crowding out.
JEL classification: M41

Published: December 1, 2015  Show citation

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Knorová, K. (2015). Performance Measurement and Its Link to Incentive System. Czech Financial and Accounting Journal, 2015(4), 116-132. doi: 10.18267/j.cfuc.462
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