Financial benchmarking
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Financial benchmarking is a type of benchmarking that typically involves using CD-ROM databases such as Lexis/Nexis or Compact Disclosure to gather information about competing firms to perform financial analyses and compare results.
Definition
According to Managing Quality by Foster (6th edition),
- Financial benchmarking. A type of benchmarking that typically involves using CD-ROM databases such as Lexis/Nexis or Compact Disclosure to gather information about competing firms to perform financial analyses and compare results.
