“…Forexample,AndersonandReeb(2003),Petersen andSchoeman(2008)considerperformanceasacalculationofhowwellacompanycanuseitsassets fromitsprimarymethodofbusinessandproducerevenues.Where,modernliteratureseesperformance asaresultoftheactionsofacompanyorinvestmentoveraspecifictime.Performancehasalsobeen definedastheachievementofparticularbusinessobjectivescalculatedagainstrecognizedstandards, totalityandcost (DavisandCobb,2010;Özer,2012). Mawanda(2008)alsodefinesperformanceasthe abilitytooperateefficiently,profitability,survivegrowandreacttotheenvironmentalopportunities andthreats.Performanceisassessedbyhowefficienttheenterpriseisutilizingresourcesinachieving itsobjectives.Itisthedegreeofachievementbyanindividual,team,organizationorprocess.Other definitionsconsiderperformanceastheoutcomeofapproacheswhichthecompanyusestoaccomplish market-orientedandfinancialaims (Harash,etal.,2014).…”