Research output: Contribution to Journal/Magazine › Journal article › peer-review
On the validity of subjective measures of company performance. / Wall, Toby D; Michie, Jonathan; Patterson, Malcolm et al.
In: Personnel Psychology, Vol. 57, No. 1, 03.2004, p. 95-118.Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - On the validity of subjective measures of company performance
AU - Wall, Toby D
AU - Michie, Jonathan
AU - Patterson, Malcolm
AU - Wood, Stephen J
AU - Sheehan, Maura
AU - Clegg, Chris W
AU - West, Michael
PY - 2004/3
Y1 - 2004/3
N2 - 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).
AB - 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).
U2 - 10.1111/j.1744-6570.2004.tb02485.x
DO - 10.1111/j.1744-6570.2004.tb02485.x
M3 - Journal article
VL - 57
SP - 95
EP - 118
JO - Personnel Psychology
JF - Personnel Psychology
SN - 0031-5826
IS - 1
ER -