TY  - RPRT
        AU  - Bayo-Moriones, Alberto
AU  - Galdon-Sanchez, Jose Enrique
AU  - Martinez-de-Morentin, Sara
        TI  - Competitive Strategy, Performance Appraisal and Firm Results
        PY  - 2016/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 10041
        UR  - https://www.iza.org/publications/dp10041
        AB  - In this study, we address the relationship between performance appraisal and competitive strategy, as well as the impact of this relationship on firm performance. The results indicate that the adoption of developmental performance appraisal and the use of administrative performance appraisal are higher among firms that pursue differentiation strategies compared to those competing on costs. Regarding firm performance, the interaction between a developmental appraisal system and a quality strategy displays higher return on equity and sales per employee. Those firms that combine a focus on innovation with administrative performance appraisal also enjoy higher performance. Finally, when the firm competes on the basis of cost reduction, the use of administrative appraisal increases the sales per employee.
        KW  - performance appraisal
KW  - competitive strategy
KW  - firm performance
KW  - developmental appraisal
KW  - administrative appraisal
        ER  -