• Gbenga Ayodele Adebayo
• Lawal Wahab
• Grace Odun Samuel

Abstract Value-Based Management (VBM), which considers activity costs and their effects on other functions including customer service, asset utilization, productivity, and quality, was born out of the need for more than just financial success metrics. This paper evaluates Balanced Scorecard and Financial Performance from the perspective of Listed Consumer Goods Firms in Nigeria. Ex-post facto research design was adopted. The population of the study comprises of twenty-eight (28) listed consumer goods firms in Nigeria, the study adopted judgmental sampling method to select fourteen (14) firms with complete data needed for the study. Findings reveal that Learning and growth perspective and internal business process perspective has a positive and significant effect on performance while customer perspective has a negatively insignificant effect on performance. The paper therefore recommends that listed consumer goods firms in Nigeria should improve and invest more on learning and growth perspective and internal business process perspective for higher return on asset. Also, they should be prudent from a customer perspective, since it negatively affects return on asset.

Value Based Management, Balanced Scorecard, Financial performance, Learning and Growth Perspective, Customer Perspective, Internal Business Process Perspective.

"BALANCED SCORECARD AND FINANCIAL PERFORMANCE: EVIDENCE FROM LISTED CONSUMER GOODS FIRMS IN NIGERIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 11, page no.e487-e505, November-2024, Available :http://www.jetir.org/papers/JETIR2411457.pdf

"BALANCED SCORECARD AND FINANCIAL PERFORMANCE: EVIDENCE FROM LISTED CONSUMER GOODS FIRMS IN NIGERIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 11, page no. ppe487-e505, November-2024, Available at : http://www.jetir.org/papers/JETIR2411457.pdf