Performance measurement and management with financial ratios: the BASF SE case

This teaching note provides an overview and a technical introduction to the mechanics of financial statement and ratio analysis, and offers an outlook into related areas. The BASF SE financial data 2011 are analyzed to illustrate the techniques of financial performance analysis and discusses action levers to enhance the performance of a business. This teaching note is especially written for undergraduate students in Management Accounting. However, it might serve well as an introduction to strategic performance management on graduate level for students without deep financial or management accounting background.