- The Oxford Handbook of International Business 2nd edition
- Preface to Second Edition
- Preface to First Edition
- Acknowledgements for Second Edition
- Acknowledgements for First Edition
- The History of the Multinational Enterprise
- The Key Literature on IB Activities: 1960–2006
- The Gravity Equation in International Trade
- Strategic Complexity in International Business
- Theories of the Multinational Enterprise
- Location, Competitiveness, and the Multinational Enterprise
- Sovereignty@Bay: Globalization, Multinational Enterprise, and the International Political System
- National Policies and Domestic Politics
- Multinational Enterprises and Public Policy
- Unbundling the Institution‐Based View of International Business Strategy
- Multilateral Institutions and Policies: Implications for Multinational Business Strategy
- Strategy and the Multinational Enterprise
- The Multinational Enterprise as an Organization
- Strategy and Management In MNE Subsidiaries
- Strategic Alliances
- Innovation and Information Technology in the MNE
- Contemporary Research Trends in International Marketing: The 2000s
- Culture and Human Resources Management
- Environmental Policy and International Business
- International Financial Management and Multinational Enterprises
- Taxes, Transfer Pricing, and The Multinational Enterprise
- China and International Business
- The Smaller Economies of Pacific Asia and Their Business Systems
- Methodological Contributions in International Business and the Direction of Academic Research Activity
- Political Risk and Country Risk in International Business: Concepts and Measures
- Comparative International Business Research Methods : Pitfalls and Practicalities
- Metrics for International Business Research
- Name Index
- Subject Index
Abstract and Keywords
This article focuses on performance measures. It starts with the usual focus on profitability and market value as performance measures, followed by alternative performance measures based on firm productivity, growth and survival. It then discusses issues on survey data, and the problem of ex post reasoning in empirical work. There are several important themes in this discussion. First, it discusses the definitional and variable construction issues. Second, it addresses the analytical contents in these variables as performance measures. Third, it highlights the statistical and empirical difficulties in using these performance measures, especially in an international cross-country context.
Randall Morck is Stephen A. Jarislowski Distinguished Chair in Finance and University Professor at the University of Alberta and a Research Associate of the National Bureau of Economic Research. He has published widely on corporate valuations, business groups, family firms and corporate lobbying in the Review of Economics and Statistics, Journal of Finance, Journal of Economic Literature and other leading journals.
Bernard Yeung is Stephen Riady Distinguished Professor and Dean at NUS Business School, National University of Singapore.
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