Measuring Organizational Performance: Metrics for Entrepreneurship and Strategic Management Research

Measuring Organizational Performance: Metrics for Entrepreneurship and Strategic Management Research
ISBN-10
1845426207
ISBN-13
9781845426200
Category
Business & Economics
Pages
276
Language
English
Published
2006-01-01
Publisher
Edward Elgar Publishing
Authors
Charles W. Hofer, Robert B. Carton

Description

Offers a framework to understand the implications of selecting variables for use in both empirical studies and practice where organizational financial performance is the critical issue. This book describes two measures of shareholder wealth creation. It is intended for researchers and scholars. There is great discussion but little consensus on the best measures of organizational performance. This book redresses this imbalance. "Measuring Organizational Performance" offers a framework with which to better understand the implications of selecting variables for use in both empirical studies and practice where organizational financial performance is the critical issue. Robert Carton and Charles Hofer's book, "Measuring Organizational Performance", describes two new measures of shareholder wealth creation that correlate with increases in shareholder value creation in a number of high and low performing firms 500 per cent better than the 'best' of the measures used in the research studies done in the fields of entrepreneurship and strategic management over the past fifty years. The book also provides detailed suggestions on where and how to gather the data needed to calculate both measures. In addition, since these measures use primarily accounting data, they can be used by both researchers and practitioners as proxies for assessing increases in shareholder value for both publicly and privately held firms, including small and family businesses.

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