measure of performance. Using the concept of ranked marginal utility, we develop a multi-dimensional measure of firm … performance (TPM) that reflects the preferences of all risk averse shareholders towards all aspects of risk. We verify empirically …-dimensional performance measure and that one dimensional performance measures, such as mean returns, volatility or Tobin's Q can lead to …

propagated as a key means to improve the performance of firms. It is argued that becoming more lean and internationally focused …'s performance.The analysis reveals that for this sample of firms global sourcing is the exception rather than the rule. Although … performance. International outsourcing can not be used to adequately explain firm performance. Therefore, an alternative approach …

, and South Africa) and performance. The paper also examines differences between exporters and non-exporters performance and … enterprise performance, such as increases in overall output and labor productivity, while the reverse holds for exports to other …