A multivariate analysis of DISC election decision

Conclusion

This study found that the decision by management to establish a DISC unit may not be satisfactorily identified by the examination of the financial data on either anex ante orex post basis. However, examination of the responses to the questionnaires indicate differences in the perceptions of the management of the two groups are significantly different on a multivariate basis.

A possible implication of this research effort is that the use of published financial data alone cannot adequately explain decisions made by management. Indeed, unless management's expectations are realized, use of published data alone may result in unwarranted conclusions.