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Full-Text Articles in Business
Classifying Control Variables, Michael F. Van Breda
Classifying Control Variables, Michael F. Van Breda
Historical Working Papers
Interviews with 68 managers from 20 Fortune 500 firms were used to discern control variables that managers use to control production and evaluate management performance. It was concluded that financial accounting variables tend to be the most used and as a corollary, the control variables do not serve very well in evaluating progress toward long- term goals. Discussion suggests that accounting variables are most appealing because of their appearance of validity and legitimacy.
Organization Structure And Financial Market Performance: A Preliminary Test, Richard A. Bettis, Andrew Chen
Organization Structure And Financial Market Performance: A Preliminary Test, Richard A. Bettis, Andrew Chen
Historical Working Papers
Firms in the petroleum industry adopting a multidivisional structure arestudied to observe the impact of structural change on financial performance. The outcome did not clearly show divisional structure to be a determining factor in performance. There is some suggestion that this may have a great deal to do with the vertical integration inherent in the petroleum industry.