Measuring Organizational Performance : Metrics for Entrepreneurship And Strategic Management Research, Hardcover by Carton, Robert B.; Hofer, Charles W., ISBN 1845426207, ISBN-13 9781845426200, Like New Used, Free shipping in the US

The bottom line is the bottom line, and Carton (entrepreneurship, Western Carolina U.) and Hofer (strategy and entrepreneurship, U. of Georgia Terry) acknowledge that the first goal of strategic management is financial success. However, they note, the measurements by which firms can evaluate that "success" appear to be the objects of much discussion but little consensus. Here they present a workable framework firms can use to better understand the implications of selecting variables for empirical studies and practice, where that firm's organizational financial performance is the critical issue as expressed in two new measures of shareholder value. They evaluate performance measurement in current management literature, give their perspectives on organizational performance and effectiveness and describe the new measures, explain their concepts and implications and how the measures apply in research and practice, develop a limited and overall organizational financial model, and show how to conduct tests of individual measures. Annotation ©2007 Book News, Inc., Portland, OR ()