Measuring Organizational Performance : metrics for entrepreneurship and strategic management research - CARTON; Hofer (Cheltenham UK Northampton USA : Edward Elgar, 2006)
This book offers a framework with which to better understand the impliccations of selecting variables for use in both empirical studies and practice where organizational financial performance is the critical issue. The authors 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% 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 provides detailed suggestions on where and how to gather the data needed to calculate both measures.
Keywords: Industrial productivity -- Measurement