Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of business segment

Definition of

business segment

Accounting

distinct part of business or enterprise a distinguishable part of a business or enterprise which is subject to a different set of risks and returns from any other part. Listed companies are required to declare in their annual reports information such as sales, profits, and assets, for each segment of an enterprise.

Recommended Further Reading (Term count)
  • Corporate Board Structures
    by Vidhan Goyal
    The job of the board is to control the managerial succession process (involving hiring, assessing, promoting, and if required, dismissing the CEO), and to provide high-level counsel to top management.There is a widespread skepticism of the effectiveness of boards. Recent accounting scandals at firms such as Enron, WorldCom, and Parmalat have resulted in intense scrutiny of the function of boards. Critics point out that corporate boards have...
  • Banks and Small and Medium-Sized Enterprises: Recent Business Developments
    by Sergio Schmukler, Augusto de la Torre, María Soledad Martínez Pería
    A common perception is that small and medium-sized enterprises (SMEs) cannot access appropriate financing. This perception is often supported by academic and policy circles’ “conventional wisdom” that banks are generally not interested in dealing with SMEs, mainly due to SMEs’ perceived opaqueness1 and higher informality.2 As capital markets do not compensate for these deficiencies in the banking sector, the need to receive special assistance,...
  • Engaging Senior Management in Internal Control
    by Philip Ratcliffe
    Top managers in any organization have many calls on their time and attention. Vying for their attention will be customers, suppliers, employees, consultants, and many others. Internal controls can easily be squeezed out of their agenda. The problem this can create is that if senior management does not take control seriously, the “tone from the top” will be wrong—and if the people in charge don’t care, then why should anyone else in the...
business segment - Related Articles
  • Banks and Small and Medium-Sized Enterprises: Recent Business Developments

    Best Practice

    Banks’ high level of interest towards SMEs has, consequently, brought major changes to business models. First, as SMEs have become a strategic sector, banks are changing their organizational set-up to approach and serve this segment efficiently. Two main structures can be broadly categorized
    By Sergio Schmukler, Augusto de la Torre, María Soledad Martínez Pería

More

Definitions of ’business segment’ and meaning of ’business segment’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’business segment’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related Dictionary Terms

Related Dictionary Terms

Related Blog Posts

More related Blog results