Product Description

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% 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.

This exciting and innovative book will find its audience in researchers and scholars at many levels of academe in the fields of entrepreneurship and strategic management, organizational theory and accounting, and finance.

Product Details

• Amazon Sales Rank: #2849465 in Books
• Published on: 2007-01-07
• Format: Illustrated
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 276 pages

About the Author
Robert B. Carton, Assistant Professor of Entrepreneurship, Western Carolina University, US and Charles W. Hofer, Regents Professor of Strategy and Entrepreneurship, University of Georgia Terry College of Business, US

Customer Reviews

OUTSTANDING IN ITS SCOPE, DEPTH, AND KEEN INSIGHTS!
Subtitled "Metrics for Entrepreneurship and Strategic Management Research." The book addresses four questions:
1) what is the essential nature of overall organizational performance?
2) what are the primary constructs that represent the different dimensions underlying overall organizational financial performance?
3) what are the best measures of primary constructs underlying overall organizational financial performance? and
4) can a model of overall organizational financial performance be developed that distinguishes between high- and low-performing companies?

Among the many valuable aspects of this book are two new models for measuring shareholder wealth creation. The research results reported are extensive and the authors provide in-depth discussion of all aspects of their findings and conclusions on financial performance. This book is outstanding in its scope, depth, and insights. Very highly recommended.