Our findings have wide implications for both researchers and practitioners. From a
research viewpoint, building upon a previous study we conducted with the firms who
participated in the AICPA Performance Measurement Survey (Bento and White, 2010), we were
able to illustrate in this study that these significant relationships among BSC perspectives can be
tested with publicly available data (circumventing the inherent limitations in perceptual data
obtained via surveys), in large samples. This methodological approach may prove helpful for
testing other features of the BSC, such as longitudinal tests of the time lag necessary for leading
performance indicators to translate into lagging performance measures.