Measuring sustained superior performance at the firm level

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Show simple item record Grifell i Tatjé, Emili Marquès i Gou, Pilar 2002
dc.identifier.citation Grifell-Tatjé, E. i Marquès-Gou, P. (2002). Measuring sustained superior performance at the firm level. Documents de treball, 8, 1-36. Recuperat 15 setembre de 2011, a
dc.description.abstract This paper proposes a two-dimensional Strategic Performance Measure (SPM) to evaluate the achievement of sustained superior performance. This proposal builds primarily on the fact that, under the strategic management perspective, a firm's prevalent objective is the pursuit of sustained superior performance. Three basic conceptual dimensions stem from this objective: relativity, sign dependence, and dynamism. These are the foundations of the SPM, which carries out a separate evaluation of the attained superior performance and of its sustainability over time. In contrast to existing measures of performance, the SPM provides: (i) a dynamic approach by considering the progress or regress in performance over time, and (ii) a cardinal measurement of performance differences and its changes over time. The paper also proposes an axiomatic framework that a measure of strategic performance should comply with to be theoretically and managerially sound. Finally, an empirical illustration of the Spanish banking sector during 1987-1999 is herein provided by discussing some relevant case
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa
dc.relation.ispartof © Documents de treball, 2002, núm.8, p.1-36
dc.relation.ispartofseries Articles publicats (D-OGEDP)
dc.rights Tots els drets reservats
dc.subject Planificació estratègica
dc.subject Empreses -- Direcció i administració
dc.subject Industrial management
dc.subject Strategic planning
dc.title Measuring sustained superior performance at the firm level
dc.type info:eu-repo/semantics/article

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