Results for tag: "Benchmarking"

Benchmarking in Corporate Finance is the process of comparing a company's financial performance to that of its peers. It is used to identify areas of improvement and to measure the effectiveness of a company's financial strategies. Benchmarking can be used to compare a company's financial performance to industry averages, or to compare the performance of a company to its own historical performance. It can also be used to compare a company's performance to that of its competitors. Benchmarking is an important tool for corporate finance professionals, as it helps them to identify areas of improvement and to measure the effectiveness of their strategies. It can also be used to identify potential areas of risk and to assess the financial health of a company. Companies in the benchmarking market include Bloomberg, S&P Global, Moody's, Fitch Ratings, and Morningstar. Show Less Read more