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On the validity of subjective measures of company performance

Abstract:
Subjective measures of company performance are widely used in research and typically are interpreted as equivalent to objective measures. Yet, the assumption of equivalence is open to challenge. We compared the use of both types of measure in 3 separate samples. Findings were consistent in showing that: (a) subjective and objective measures of company performance were positively associated (convergent validity); (b) those relationships were stronger than those between measures of differing aspects of performance using the same method (discriminant validity); and (c) the relationships of subjective and objective company performance measures with a range of independent variables were equivalent (construct validity).
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1111/j.1744-6570.2004.tb02485.x

Authors


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Institution:
University of Sheffield
Department:
Institute of Work Psychology
Role:
Author
More by this author
Institution:
University of Oxford
Oxford college:
Kellogg College
Role:
Author
More by this author
Institution:
University of Sheffield
Department:
Institute of Work Psychology
Role:
Author
More by this author
Institution:
University of Sheffield
Department:
Institute of Work Psychology
Role:
Author
More by this author
Institution:
Brighton Business School
Role:
Author


Publisher:
Blackwell Publishing Ltd.
Journal:
Personnel Psychology More from this journal
Volume:
57
Issue:
1
Pages:
95-118
Publication date:
2004-03-01
DOI:
EISSN:
1744-6570
ISSN:
0031-5826


Language:
English
Subjects:
UUID:
uuid:165b9694-edb8-4d71-a25b-f3911e9bfd7d
Local pid:
ora:2165
Deposit date:
2008-07-04

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