On the validity of subjective measures of company performance

Wall, Toby D and Michie, Jonathan and Patterson, Malcolm and Wood, Stephen J and Sheehan, Maura and Clegg, Chris W and West, Michael (2004) On the validity of subjective measures of company performance. Personnel Psychology, 57 (1). pp. 95-118. ISSN 0031-5826

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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).

Item Type:
Journal Article
Journal or Publication Title:
Personnel Psychology
Uncontrolled Keywords:
/dk/atira/pure/core/keywords/humanresources
Subjects:
?? human resourcesorganizational behavior and human resource managementapplied psychologyhd industries. land use. labordiscipline-based research ??
ID Code:
57315
Deposited By:
Deposited On:
03 Oct 2012 10:01
Refereed?:
Yes
Published?:
Published
Last Modified:
28 Nov 2023 11:16