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Calculating Equity: Ordinal and Ratio Criteria

Social Psychology QuarterlyPublished 1 June 1979
Gregory J. Moschetti
Citations27
SJR quartileQ1
SJR score1.29
SNIP1.40

Abstract

meets these criteria when OilIi > 0. When OilTI < 0 the outcomes specified by this formula correspond to the outcomes specified by a ratio formula when corrections for scale are applied to I, in the ratio formula such that sign Ii = sign 0i. This convergence of ratio and linear approaches to defining equity is seen as a clear advance in the formal understanding of equity, and it is recommended that this modified version of the Harris formula be adopted as a working theoretic definition of equity.

Keywords

Business, Management and Accounting