Perceptions of Firm Quality: A Cause or Result of Firm Performance
- 1 March 1990
- journal article
- research article
- Published by SAGE Publications in Journal of Management
- Vol. 16 (1) , 167-180
- https://doi.org/10.1177/014920639001600112
Abstract
This article examines two issues regarding the formation and effects of qualitative perceptions offirm performance: First, do firm quantitative measures of performance influence perceptions offirm management quality? Second, do perceived firm qualities affect measures of firm financial performance? We examined data from Fortune magazine's survey of corporate reputations as a source for measures of perceivedfirm quality. The results suggest thatfinancial measures of both risk and return influenced perceptions offirm quality. Moreover, perceptions offirm quality, though correlated with the subsequent performance of specific financial performance measures, were generally more closely related to priorfinancial performance than to subsequent financial performance.Keywords
This publication has 17 references indexed in Scilit:
- Measuring strategic performanceStrategic Management Journal, 1986
- The Effect of Executive Succession on Stockholder WealthAdministrative Science Quarterly, 1985
- Management Quality and Investment PerformanceCFA Magazine, 1984
- Measuring organizational performance in the absence of objective measures: The case of the privately‐held firm and conglomerate business unitStrategic Management Journal, 1984
- Corporate Attributions as Strategic Illusions of Management ControlAdministrative Science Quarterly, 1984
- Attributions in the Board Room: Causal Reasoning in Corporate Annual ReportsAdministrative Science Quarterly, 1983
- Administrative Succession and Organizational Performance: The Succession EffectAdministrative Science Quarterly, 1982
- Causal attributions and perceptions of leadershipOrganizational Behavior and Human Performance, 1981
- Research Notes. CORPORATE SOCIAL RESPONSIBILITY AND STOCK MARKET PERFORMANCE.The Academy of Management Journal, 1978
- Scapegoating in BaseballAmerican Journal of Sociology, 1964