Dear RG Members,
I am doing a study at a team-level from a software services organization collecting data by surveying the team lead and the members. My independent variables (IVs) are individual-behavior oriented and the survey data was collected using a 7-point likert scale. In addition to the IVs, I also collected perception of team performance from the survey members on 7-point likert scale.
Using the survey data, I used regression analysis to check if my IVs are leading to my DV (team performance) and I was able to confirm my Hypotheses.
Now, I would like to do supplemental testing and I was planning to use the actual revenue data at project level and use that as DV instead of the team performance perception measure obtained from the survey.
For this, I am planning to use the actual annual revenue of the project from Year 1 and Year 2 and get the difference in them. I am converting the increase/drop in revenue in terms of % growth / de-growth from year 1 to year 2 and use this Percentage difference as my financial performance variable and use this directly in the regression (after standardizing). Since this is actual project revenue data, I am assuming that this is primary data and not secondary/panel data.
Can someone please let me know if there is a precedence to this and if so, can you please point me to the correct references?
Thanks in advance.