COMPARATIVE ANALYSIS OF VALUE-ADDED AND TRADITIONAL MEASURES OF PERFORMANCE: AN EFFICIENCY SCORE APPROACH

Stochastic frontier analysis is employed for a comparison of value-added and traditional measures of performance. Results indicate value-added measures are not significantly different from traditional measures of performance and thus little if any information is gained by replacing traditional measures with value-added measures. However, value-added measures may be useful to managers for value creation decisions resulting in excess profits.


Subject(s):
Issue Date:
2001
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/16715
PURL Identifier:
http://purl.umn.edu/16715
Total Pages:
13
Series Statement:
Faculty Series 01-04




 Record created 2017-04-01, last modified 2020-10-26

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