Measuring the Performance of Large Australian Firms
نویسندگان
چکیده
This paper is concerned with the measurement of company performance in the context of the IBIS panel data set of large Australian firms. The analysis provides a framework which distinguishes between: ‘static,’ ‘comparative static’ and ‘dynamic’ measures; and ‘partial,’ ‘multiple’ and ‘total’ measures. The chapter demonstrates that all of these measures are related to economic measures of firm profitability. Thus, some time is spent in defining profits and, in doing so, developing the linkages between economic and accounting concepts of performance. Finally, it relates the discussion of the conceptual issues of measuring performance to the information available in the IBIS database. Melbourne Institute of Applied Economic and Social Research The University of Melbourne Parkville, Victoria 3052 Australia Telephone (03) 9344 5288 Fax (03) 9344 5630 Email [email protected] WWW Address http://www.ecom.unimelb.edu.au/iaesrwww/home.html
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