Doing well and happy about it? Explaining variance in entrepreneurs’ stated satisfaction with performance

Gregory B. Murphy (University of Southern Indiana)
Stephen K. Callaway (University of Southern Indiana)

New England Journal of Entrepreneurship

ISSN: 2574-8904

Article publication date: 1 March 2004

1351
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Abstract

The importance of performance measurement is largely undisputed. There is debate, however, regarding the equivalency of objective and subjective performance measures.This debate has not considered a frequently used subjective measure, satisfaction with performance, to be an important measure independent of its equivalency with objective measures. Using a sample of 368 manufacturing firms, this study found that objective measures explained only a modest amount of variance in satisfaction with performance and that other variables added significantly to the explained variance.These factors included perceived environmental hostility, vulnerability, perceived competitive advantage, and commitment.

Citation

Murphy, G.B. and Callaway, S.K. (2004), "Doing well and happy about it? Explaining variance in entrepreneurs’ stated satisfaction with performance", New England Journal of Entrepreneurship, Vol. 7 No. 2, pp. 15-26. https://doi.org/10.1108/NEJE-07-02-2004-B003

Publisher

:

Emerald Publishing Limited

Copyright © 2004, Published by DigitalCommons©SHU, 2003


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