Benchmarking the Accounting and Finance Functions of Hong Kong Firms
Steven P. Landry
Naval Postgraduate School
University of Hawaii at Hilo - Department of Business Administration
affiliation not provided to SSRN
Journal of Business and Economics Research, Vol. 1, No. 9, pp. 19-34, 2003
In this article the results of a Benchmarking study sponsored by the Hong Kong Society for Accountants, Financial Management Committee are reported. The study, in the form of a survey, was sent to 633 listed Hong Kong firms. Sixty-seven firms responded to the survey crossing six different industries and a variety of capitalization levels. The survey consisted of thirty-two questions that addressed seven areas of interest related to the accounting and finance functions within the firms. The results provide benchmarks by which firms can compare their operations to those of other similar firms. Firms can identify strengths, weaknesses and best practices and utilize the information to make changes in their organizations. By doing so, firms may be able to achieve improved competitiveness and increased profitability.
Number of Pages in PDF File: 16
Keywords: Benchmarking, Hong Kong, Accounting
JEL Classification: M4Accepted Paper Series
Date posted: August 26, 2009 ; Last revised: May 10, 2011
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