Measuring long term superior performance: the UK's long-term superior performers 1984-2003

Title: Measuring long term superior performance: the UK's long-term superior performers 1984-2003
Creator: Yip, George S.; Devinney, Timothy M.; Johnson, Gerry
Relation: Long Range Planning Vol. 42, Issue 3, p. 390-413
Publisher Link: http://dx.doi.org/10.1016/j.lrp.2009.05.001
Publisher: Pergamon Press
Resource Type: journal article
Date: 2009
Description: This article examines the issue of determining long-term sustained superior financial performance. We demonstrate that the technique of frontier analysis is a robust and theoretically consistent way to identify relative performance. We show how our approach, although dependent on the reliability of reported financial data (which recent events show needed to be treated with caution for some companies), addresses the three critical issues in the measurement of performance: balancing short-term and long-term performance, capturing the multidimensional nature of performance, and finding the right peer comparators. The approach is particularly important today, given the failure of past performance to signal in any way how firms would be able to weather a pervasive global crisis.
Subject: performance; measurement strategies; management
Identifier: http://hdl.handle.net/1959.13/1058204
Identifier: uon:16358
Identifier: ISSN:0024-6301
Language: eng
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