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Entrepreneurial and Small Business Operations

Kennesaw State University

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FINANCE

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Full-Text Articles in Business

Organizational Financial Performance: Identifying And Testing Multiple Dimensions, Robert B. Carton, Charles W. Hofer Jan 2010

Organizational Financial Performance: Identifying And Testing Multiple Dimensions, Robert B. Carton, Charles W. Hofer

Faculty and Research Publications

This research addresses the measurement of organizational financial performance. Its primary purpose is to provide researchers and managers a better understanding of the implications of selecting the dependent variables that should be used in empirical studies and management practice where organizational financial performance is the criterion of interest. This is the first study that has undertaken to empirically identify both the different distinct dimensions of organizational financial performance and the measures that represent those dimensions. Since no prior research has empirically established the domain of organizational financial performance, this research is by necessity exploratory in nature. A two-part approach was …