ERN: Other IO: Empirical Studies of Firms & Markets (Topic)最新文献_第5页

Does Market Competition Dampen Environmental Performance: Evidence from China 市场竞争是否会影响环境绩效:来自中国的证据

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2018-08-01 DOI: 10.1002/SMJ.2948

J. Duanmu, Maoliang Bu, R. Pittman

{"title":"Does Market Competition Dampen Environmental Performance: Evidence from China","authors":"J. Duanmu, Maoliang Bu, R. Pittman","doi":"10.1002/SMJ.2948","DOIUrl":"https://doi.org/10.1002/SMJ.2948","url":null,"abstract":"Research Summary: Departing from the extant literature, which assumes that firms pursue strong environmental performance as a differentiation strategy, we analyze the general relationship between firms’ competitive strategy and their response to heightened market competition. We find that, using a large sample of Chinese manufacturing firms between 2000 and 2005, intensified market competition has an overall negative impact on firms’ environmental performance. The negative impact is exacerbated in firms adopting a cost‐leadership strategy, but is attenuated in those adopting a differentiation strategy. The results emphasize the importance of including an examination of the particular competitive strategies chosen by firms in seeking to understand the impact of intensified market competition. Managerial Summary: Advocates of corporate social responsibility (CSR) have long argued for the differentiation role of CSR. However, managers may be misguided if the assumed benefits of differentiation critically depend on certain presumptions. In the Chinese context and focusing on the environmental dimension of CSR, our study finds a negative relationship between market competition and corporate environmental performance. It suggests that firms, to a large extent, cannot escape competition via environmental differentiation. Managers should therefore be cautious about the value of strategic investment in CSR as a viable competitive device.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":"72 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91389184","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 141

Enterprise Resource Management System and its Importance 企业资源管理制度及其重要性

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2018-07-21 DOI: 10.2139/ssrn.3520432

Chenoy Ceil

引用次数: 0

Measuring Competition for Attention in Social Media: NWSL Players on Twitter 衡量社交媒体上的注意力竞争:NWSL球员在Twitter上的表现

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2018-07-02 DOI: 10.2139/ssrn.3203807

Federico M. Rossi, Gaia Rubera

{"title":"Measuring Competition for Attention in Social Media: NWSL Players on Twitter","authors":"Federico M. Rossi, Gaia Rubera","doi":"10.2139/ssrn.3203807","DOIUrl":"https://doi.org/10.2139/ssrn.3203807","url":null,"abstract":"Despite the increasing use of social media among personalities such as politicians, athletes, and entertainment celebrities, little is known about the intensity of competition that these popular users engage in to draw the attention of other users, and how their competition affects the users' engagement with social networks. In this research we propose a model where social media users supply content in return for user attention. Using Twitter data on soccer players from the National Women's Soccer League (NWSL), we estimate a demand model where users decide how to allocate their attention among players, based on their content posted on social media and their performance on the soccer field. We consider the amount of tweets mentioning a player's account as a measure for the level of attention captured by the player. On the supply side, players decide the amount of social media content posted on the platform. We show that the attention substitution between players depends on their posting activity and soccer performance, but also on personal characteristics, such as physical attractiveness and team affiliation. Our analysis suggests that the competitive pressure to capture user attention is responsible for about one out of three tweets posted by players. This additional content benefits the social network, increasing by 7% the users' activity on the platform. We also quantify the effect on user activity of a revenue-sharing model in which the platform rewards players for posting tweets.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79399599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Logistics on Firm Profitability. A Macroeconomic Approach 物流对企业盈利能力的影响。宏观经济方法

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-12-19 DOI: 10.2139/ssrn.3090183

M. Georgiou

引用次数: 0

On Signalling and Screening in Markets with Asymmetric Information 信息不对称市场中的信号与筛选

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-12-11 DOI: 10.2139/ssrn.2739792

Anastasios Dosis

引用次数: 8

Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry 具有风险规避投标人和选择性进入的首价拍卖的识别和推理

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-11-24 DOI: 10.2139/ssrn.2587812

Matthew Gentry, Tong Li, Jingfeng Lu

{"title":"Identification and Inference in First-Price Auctions with Risk-Averse Bidders and Selective Entry","authors":"Matthew Gentry, Tong Li, Jingfeng Lu","doi":"10.2139/ssrn.2587812","DOIUrl":"https://doi.org/10.2139/ssrn.2587812","url":null,"abstract":"We study identification and estimation in first-price auctions with risk averse bidders and selective entry, building on a flexible entry and bidding framework we call the Affiliated Signal with Risk Aversion (AS-RA) model. This framework extends the AS model of Gentry and Li (2014) to accommodate arbitrary bidder risk aversion, thereby nesting a variety of standard models as special cases. It poses, however, a unique methodological challenge – existing results on identification with risk aversion fail in the presence of selection, while the selection-robust bounds of Gentry and Li (2014) fail in the presence of risk aversion. Motivated by this problem, we translate excludable variation in potential competition into identified sets for AS-RA primitives under various classes of restrictions on the model. We show that a single parametric restriction – on the copula governing selection into entry – is typically sufficient to restore point identification of all primitives. In contrast, a parametric form for utility yields point identification of the utility function but only partial identification of remaining primitives. Finally, we outline a simple semiparametric estimator combining Constant Relative Risk Aversion utility with a parametric signal-value copula. Simulation evidence suggests that this estimator performs very well even in small samples, underscoring the practical value of our identification results.","PeriodicalId":11837,"journal":{"name":"ERN: Other IO: Empirical Studies of Firms & Markets (Topic)","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2017-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75183744","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Path Dependencies versus Efficiencies in Regulation: Evidence from 'Old' and 'New' Broadband Markets in the EU 路径依赖与监管效率:来自欧盟“旧”和“新”宽带市场的证据

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-10-10 DOI: 10.2139/ssrn.3050661

Wolfgang Briglauer, E. Camarda, I. Vogelsang

引用次数: 4

Competition and Product Misrepresentation 竞争与产品失实陈述

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-09-30 DOI: 10.2139/ssrn.3049334

Daniel Goetz

引用次数: 0

Monopoly without a Monopolist: An Economic Analysis of the Bitcoin Payment System 没有垄断者的垄断:比特币支付系统的经济分析

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-09-01 DOI: 10.2139/ssrn.3025604

Gur Huberman, Jacob D. Leshno, C. Moallemi

引用次数: 366

ETF Competition and Market Quality ETF竞争与市场质量

ERN: Other IO: Empirical Studies of Firms & Markets (Topic) Pub Date : 2017-08-01 DOI: 10.2139/ssrn.2721813

Travis Box, Ryan L. Davis, Kathleen P. Fuller

引用次数: 7