ROI and profitability index: A note on managerial performance
2015
Metric Options: CountsSelecting the 1-year or 3-year option will change the metrics count to percentiles, illustrating how an article or review compares to other articles or reviews within the selected time period in the same journal. Selecting the 1-year option compares the metrics against other articles/reviews that were also published in the same calendar year. Selecting the 3-year option compares the metrics against other articles/reviews that were also published in the same calendar year plus the two years prior.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Dataset Description
This note deals with the case of a principal (e.g., a firm?s board of directors) which delegates execution of an economic activity to a business unit (or a subsidiary firm) managed by a manager. It is assumed that the manager has no control over the cash flows injected into the unit or withdrawn from it: such decisions are made by the principal. The principal aims at measuring the manager?s performance in a given interval of time. Neither the Net Present Value (NP V ) nor its companion Net Terminal Value (NT V ) are appropriate measures for this purpose, because they depend on the cash flows injected and withdrawn by the principal. We introduce the manager?s profitability index (MP I), which is invariant under changes in the cash flows, so neutralizing the effect on value creation of the principal?s decisions. We also break down the project?s NT V into two components, which measure the manager?s contribution and the principal?s contribution to value creation.
Bibliographic Details
Università di Modena e Reggio Emilia
Provide Feedback
Have ideas for a new metric? Would you like to see something else here?Let us know