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key performance indicator
key performance indicator definition - finance
Measure-ments such as market share growth, number
of new products launched, number of stores opened, or any other benchmarks that
show how well a company is performing. The concept of key performance
indicators was forwarded with the passage of corporate governance reform
proposals that became law in 2002 through the passage of the Sarbanes-Oxley
legislation. When companies report key performance indicators, investors know
what criteria company management is looking at to judge its success and
progress.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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