Towards integrated governance: the role of performance measurement systems

Over the last decade several codes and regulations on corporate governance have suggested that organizations should focus on compliance with internal and external rules and principles. However, ensuring good governance also requires an integration of performance measurement and knowledge management. Drawing on case studies of global corporations, we argue that when discussing issues of corporate governance within complex organizations, an integrated governance framework is needed. In this context, finance experts have the potential to play a key role as the access point to the ‘‘integrated and measurement driven’’ language, which is spread organization-wide, through global performance measurement systems.