The paper:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6787638
Unclear if it's been peer reviewed. The abstract looks fairly convincing. But it is argued against by the majority of research on this topic.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6787638
Unclear if it's been peer reviewed. The abstract looks fairly convincing. But it is argued against by the majority of research on this topic.
There has been a huge shift towards metrics, to the point that managers are often forced to or at least commonly believe they are forced to game those metrics.
It is challenging to take strategic risks when you have to focus on metrics which cannot measure let alone value those choices.
I suspect you can find the first sentences without aid. Try reading them yourself first.