Dr Joseph Juran, onc pelopor dalam

Dr Joseph Juran, onc pelopor dalam gerakan kualitas, dan Associates melakukan studi di mana 1.000 dolar hipotetis yang Peningkatan Manajemen diinvestasikan dalam perusahaan-perusahaan yang memenangkan Baldrige Award. Hasil penelitian menunjukkan bahwa dibandingkan dengan Standard & Poors (S & P) gain dari 33,1 persen, perusahaan Baldrige mengguncang kembali kumulatif 89,2 persen. Dalam nada yang sama dengan studi Juran, Departemen Perdagangan (US Department of Commerce News, 1995) melaporkan bahwa jika seorang individu diperdagangkan pemenang Baldrige dari telah menginvestasikan $ 1.000 dalam setiap diperoleh kembali kumulatif 188 persen, dibandingkan dengan 28 persen pada S & P 500

Kedua studi ini jelas bergulat dengan masalah kinerja keuangan perusahaan Baldrige relatif terhadap perusahaan lain. Namun, karena penelitian ini gagal untuk mengontrol variabel seperti ukuran, efek industri, risiko, kinerja sebelum memenangkan penghargaan, dll, sulit untuk menganggap kinerja pasar kembali bintang perusahaan Baldrige 'selama perusahaan S & P 500 ke perbaikan kualitas produk dan / atau memenangkan penghargaan. Memang, tanpa kontrol yang memadai, juga masuk akal bahwa variabel selain kualitas bertanggung jawab atas pengembalian pasar pemenang Baldrige Penghargaan ditingkatkan.

Wisner dan Eakins (1994) meneliti akuntansi dan kinerja pasar saham selama empat pemenang Baldrige Penghargaan yang diperdagangkan secara publik dan bukan merupakan anak perusahaan atau pemenang Baldrige Award. divisi ini dari perusahaan lain, dan empat penulis berpendapat bahwa karena kualitas produk telah ditunjukkan dalam literatur yang akan berkorelasi langsung dengan kesuksesan finansial, analisis keuangan perusahaan-perusahaan ini akan membantu menentukan apakah Baldrige Award merupakan indikator bermakna kepemimpinan Ston kualitas produk . Wisner--------Baldrige Award: penjualan tahunan, rata-rata lima tahun pertumbuhan penjualan, laba atas penjualan, laba atas aset, imbal hasil eanings harga kekayaan bersih, laba per saham, dan lima tahun rata-rata penghasilan per pertumbuhan

Results (English) 1:

Dr. Joseph Juran suggested, onc pioneers in movement quality, and Associates did a study in which a hypothetical increase in dollar 1,000 Management invested in the companies that won the Baldrige Award. The results showed that compared to the Standard & Poors (S & P) gain from 33.1% cumulative returns-jolting Baldrige company 89.2 percent. In the same tone with Juran suggested studies, Department of Commerce (US Department of Commerce News, 1995) reports that if an individual traded a winner from Baldrige has invested $ 1,000 each retrieved 188 percent cumulative return, compared with 28 percent in the S & P 500 The second study is clearly grappling with the issue of the company's financial performance relative to other companies Baldrige. However, because this study failed to control variables such as the size of the industry, effects, risks, performance prior to the award-winning, etc., it is difficult to regard the performance of the company's star market returns for companies ' Baldrige S & P 500 to the improvement of product quality and/or won an award. Indeed, without adequate controls, it also makes sense that variables other than quality responsible for the award-winning market returns Baldrige improved. Wisner and Eakins (1994) researching accounting and stock market performance over the past four winners of the Baldrige Award is publicly traded and is not a subsidiary or the winner of the Baldrige Award. This Division of another company, and the four writers argue that because of the quality of products has been shown in the literature that will correlate directly with financial success, financial analysis companies will help determine whether the Baldrige Award is a meaningful indicator of leadership Ston product quality. Wisner--------Baldrige Award: annual sales, the average five-year sales growth, return on sales, return on assets, yields eanings price net worth, earnings per share, and the average five-year earnings growth per

Results (English) 2:

Dr. Joseph Juran, onc pioneer in the quality movement, and Associates conducted a study in which a hypothetical $ 1,000 Management Improvement invested in companies that won the Baldrige Award. The results showed that, compared with the Standard & Poors (S & P) gain of 33.1 percent, the company Baldrige rocked back a cumulative 89.2 percent. In the same vein with the study Juran, the Department of Commerce (US Department of Commerce News, 1995) reported that if an individual trafficked winner Baldrige than had invested $ 1,000 in each recovered a cumulative 188 percent, compared with 28 percent in the S & P 500 Second this study clearly grappling with the problem of Baldrige company's financial performance relative to other companies. However, because these studies failed to control variables such as size, industry effects, risks, performance before winning the award, etc., it is difficult to consider the performance of the market back Save company Baldrige 'for S & P 500 to the improvement of product quality and / or won awards. Indeed, without adequate controls, it also makes sense that the variables in addition to the quality responsible for market returns winner of the Baldrige Award upgraded. Wisner and Eakins (1994) examined the accounting and stock market performance during the four winners of the Baldrige Award publicly traded and not a subsidiary or the Baldrige Award winners. This division of another company, and four co-authors argue that because the quality of the products has been shown in the literature that will be directly correlated with financial success, financial analysis of these companies will help determine whether the Baldrige Award is a meaningful indicator of product quality Ston leadership. Wisner -------- Baldrige Award: annual sales, the average five-year sales growth, return on sales, return on assets, return on net worth eanings price, earnings per share, and the five-year average earnings per growth