The Information Content of Nonfinancial Performance Measures in the Airline Industry
通过探索性和验证性因子分析，发现19个航空公司的非财务指标能捕捉7个财务指标无法反映的潜在构念，并开发了更可靠的复合指标。
This research extends the literature on nonfinancial performance measures (NFPMs) by assessing (1) the information content of a broader set of NFPMs and (2) whether NFPMs provide information not provided by financial performance measures (FPMs) from all previously identified FPM categories, rather than just earnings and book value. Specifically, exploratory and confirmatory factor analysis results presented in this paper demonstrate that nineteen NFPMs of major airlines capture seven underlying constructs not captured by eighteen common FPMs. Additionally, this research develops reliable composite measures of the identified performance measure constructs, which prior research argues are superior to individual performance measures.