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Performance management in medium-sized enterprises

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  • Vathsala Wickramasinghe

    (University of Moratuwa)

Abstract

The purpose of the study is to investigate ways in which performance management is practiced in medium-sized enterprises in Sri Lanka. Medium-sized enterprises in Sri Lanka with the total number of employees between 50 to 99, more than 7 years of business operation, and total investment between 5 to 50 million Sri Lankan Rupees were surveyed. The hypothesized relationships were examined by structural equation modelling. It was found that the six characteristics of performance management, namely, focus, target setting, administrative work procedures, interdependency, integration with other HRM functions and responsibility significantly predict performance management effectiveness. Although medium-sized enterprises in the sample have devoted considerable energy in implementing performance management practices, considerable improvements are needed in the level of adoption.

Suggested Citation

  • Vathsala Wickramasinghe, 2016. "Performance management in medium-sized enterprises," Post-Print hal-05588671, HAL.
    • Handle: RePEc:hal:journl:hal-05588671
    DOI: 10.1002/piq.21227
    Note: View the original document on HAL open archive server: https://hal.science/hal-05588671v1
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