Redefining Excellence: The Financial Performance of America's Best-Run Companies : Praeger : 9780275933395 : 0275933393 : 20 Nov 1989 : Management literature is full of examinations of so-called managerial excellence: firms such as GM, IBM, and DuPont have been managed in an exemplary fashion which others might emulate. Works such as Peters & Waterman's In Search of Excellence have extolled these firms as models for the future. In his new book, Ghosh responds to the hyberbole in this literature by taking a hard, analytical look at the real financial performance of such firms. His study of the financial performance of these well-known firms during the last twenty-five years (1960-1984), brings out significant findings that are invaluable to the investing public as well as to finance and management analysts. Taking a list of these best-run companies and a control sample from the Fortune 500, the author applies sophisticated statistical and econometric tools to analyze their performanc