Simultaneous Equation Model based on the generalized maximum entropy for studying the effect of management factors on enterprise performance
J. J. Dahlgaard
The aim of this paper is to study the effect of management factors on enterprise performance, considering a survey that the University Consortium in Engineering for Quality and Innovation has led. The relationships between management factors and enterprise performance are formalized by a Simultaneous Equation Model based on the generalized maximum entropy (GME) estimation method. The format of this paper is as follows. In Section 2, the data collected, the questionnaire evaluation, and the management model analytical formulation are introduced. In Section 3, the GME formulation is specified, showing the main characteristics of the estimation method. In Section 4, the results and a comparison among GME, partial least squares (PLS), and maximum likelihood estimation (MLE) is shown. In Section 5, concluding remarks are discussed.
generalized maximum entropy, human resources, leadership, maximum likelihood estimation, partial least squares, performance, Simultaneous Equation Model, strategic planning,
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.