Strategy Models for Firm Performance Enhancement eJournal最新文献_第4页

I Used to Work at Goldman Sachs! How Firms Benefit from Organizational Status in the Market for Human Capital 我曾经在高盛工作过!企业如何从人力资本市场中的组织地位中获益

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2014-05-21 DOI: 10.1002/SMJ.2272

Matthew Bidwell, Shinjae Won, R. Barbulescu, Ethan Mollick

引用次数: 109

The Strength of Strong Ties in an Emerging Industry: Experimental Evidence of the Effects of Status Hierarchies and Personal Ties in Venture Capitalist Decision-Making 新兴产业中强关系的强度:地位等级和个人关系对风险资本家决策影响的实验证据

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2014-05-01 DOI: 10.2139/ssrn.1998450

Robert Wuebker, Nina Hampl, Rolf Wustenhagen

{"title":"The Strength of Strong Ties in an Emerging Industry: Experimental Evidence of the Effects of Status Hierarchies and Personal Ties in Venture Capitalist Decision-Making","authors":"Robert Wuebker, Nina Hampl, Rolf Wustenhagen","doi":"10.2139/ssrn.1998450","DOIUrl":"https://doi.org/10.2139/ssrn.1998450","url":null,"abstract":"Drawing from social network theory, scholars have identified two ways in which social ties influence venture capital investment decisions: directly through personal ties and indirectly through status hierarchies. Previous research has examined these effects independently. Our study is the first to perform a joint examination of the role of social ties and status hierarchies in venture capital decision-making. We examine the relative importance of these two mechanisms through an adaptive choice-based conjoint (ACBC) experiment comprising of 3,132 investment decisions made by 86 venture capitalists from the United States and Europe. Our experimental context allows us to explore whether, under high levels of market uncertainty, strong personal ties exert more influence over investment decisions than the presence of a high-status investor in the deal. We also explore the moderating effects that market structure and experience play in shaping these decision processes. Our findings reveal that personal ties are more important in venture capital decision-making when compared to the relative status of other venture capital firms participating in the investment syndicate. Building on our main findings, we show that the influence of personal ties is less pronounced in the European investment community, as compared to more densely networked U.S. investors. We also find a U-shaped relationship between venture capitalist experience and the influence of personal networks on investment decisions.","PeriodicalId":223617,"journal":{"name":"Strategy Models for Firm Performance Enhancement eJournal","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122453664","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: 123

Knowledge Spillovers: Cooperation between Universities and KIBS 知识溢出:大学与知识服务的合作

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2013-11-01 DOI: 10.1111/radm.12024

Cristina Kellem S C Fernandes, J. Ferreira

引用次数: 83

Intra-Industry Diversification and Firm Performance 行业内多元化与企业绩效

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2013-07-03 DOI: 10.1002/SMJ.2057

Talli Zahavi, Dovev Lavie

引用次数: 138

Predatory Hiring as Exclusionary Conduct: A New Perspective 掠夺性雇佣作为排他性行为:一个新的视角

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2013-06-01 DOI: 10.2139/ssrn.2293468

Michael A. Williams

{"title":"Predatory Hiring as Exclusionary Conduct: A New Perspective","authors":"Michael A. Williams","doi":"10.2139/ssrn.2293468","DOIUrl":"https://doi.org/10.2139/ssrn.2293468","url":null,"abstract":"The showing of predatory or exclusionary conduct is a necessary element to prove an attempted monopolization claim under § 2 of the Sherman Act. Predatory hiring as a form of exclusionary conduct has not been extensively analyzed from legal or economic perspectives. Most litigated cases have followed Universal Analytics, Inc. v. MacNeal-Schwendler Corp., where the court held that unlawful predatory hiring occurs when talent is acquired not for purposes of using that talent but for purposes of denying it to a competitor. An anticompetitive act by a single firm is an act that is not profit maximizing but for the monopoly rents the act creates or maintains, but that is profit maximizing inclusive of those monopoly rents. But a monopolist likely will use and derive profits from important labor talent once acquired, even if the effect of the hiring is anticompetitive. Thus, the current legal standard for proving predatory hiring as an element of an attempted monopolization claim may prevent plaintiffs from successfully prosecuting cases in which antitrust impact and injury exist. Therefore, we argue that the current legal standard required to prove a predatory-hiring claim should be revised. We use a recently litigated matter in the ambulance industry, ICare-EMS v. Rural/Metro, as a case study to make our argument. This case study is particularly revealing because, unlike most litigated matters, internal company documents and deposition testimony from plaintiff and defendant firm witnesses were not designated confidential. Therefore, we are able to illuminate the bases for the firms’ internal business decisions in great detail. These decisions reveal the companies’ intentions in ways not normally observable by antitrust scholars.","PeriodicalId":223617,"journal":{"name":"Strategy Models for Firm Performance Enhancement eJournal","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132430546","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: 0

R&D Investments and Firm Performance: An Empirical Investigation of the High Technology Sector (Software and Hardware) in the E.U. 研发投资与企业绩效:基于欧盟高技术产业(软件和硬件)的实证研究

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2012-11-21 DOI: 10.2139/ssrn.2178919

E. Pantagakis, D. Terzakis, Stavros E. Arvanitis

{"title":"R&D Investments and Firm Performance: An Empirical Investigation of the High Technology Sector (Software and Hardware) in the E.U.","authors":"E. Pantagakis, D. Terzakis, Stavros E. Arvanitis","doi":"10.2139/ssrn.2178919","DOIUrl":"https://doi.org/10.2139/ssrn.2178919","url":null,"abstract":"Purpose – The purpose of this paper is to examine the relationship among research and development expenses (R&D), market value and firm performance. Additionally, what is also questioned is, whether the relationship between R&D and market value of the firm is linear. Design/methodology/approach – Data analysis was realized through panel data analysis and the feasible generalized square method (FGLS), using data from the financial statements of 39 European firms, which activate in the Software and Hardware Computer sector, for the period 2006-2010. Following prior studies, our dependent variables are the Market Value and Annual Return on Assets (ROA). Findings – Results indicate a positive correlation between R&D investment and firm performance in the marketplace. In contrast, the above does not apply in the case of R&D and firm performance, since due to time lag, the relationship with the ROA results in being negative. Furthermore, a non-linear relationship between R&D and market value of the firm is verified. Research limitations/implications – There are limitations because many firms either they do not accurately calculate or they do not record their R&D investments in their financial statements. Originality/value – The verification of the existence of a non-linear relationship between R&D investments and market value of firms, adds an innovative character in this research.","PeriodicalId":223617,"journal":{"name":"Strategy Models for Firm Performance Enhancement eJournal","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133531163","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: 17

Growth and Labor-Managed Firms 增长和劳动力管理公司

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2012-11-13 DOI: 10.2139/ssrn.2174908

H. Vetter

引用次数: 0

Performance Learning System 绩效学习系统

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2012-08-15 DOI: 10.2139/ssrn.2129720

Joseph Sammut

引用次数: 1

Complex Ownership and Capital Structure 复杂的所有权和资本结构

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2012-05-03 DOI: 10.2139/ssrn.1362249

Teodora Paligorova, Zhaoxia Xu

引用次数: 115

Diagnosing BSNL as a Business 将BSNL诊断为一项业务

Strategy Models for Firm Performance Enhancement eJournal Pub Date : 2012-03-29 DOI: 10.2139/SSRN.2030691

John Thomas, CMA. Ramesh Damarla

{"title":"Diagnosing BSNL as a Business","authors":"John Thomas, CMA. Ramesh Damarla","doi":"10.2139/SSRN.2030691","DOIUrl":"https://doi.org/10.2139/SSRN.2030691","url":null,"abstract":"In looking into firm level financial performance, generally analysis is concerned with two sets of performance measures. One based on capital market valuation of a firm and the other set based on accounting measures of profitability and financial performance. Our method is to approach the issue from a stakeholder’s point of view. Stake holders in BSNL are: Government of India, Customers, Regulatory agencies, Suppliers and the General Public. The traditional way of defining Stakeholders also does not seem to hold valid for BSNL because the objectives of the Government (as the only investor) is far beyond the short-term goals of financial returns of value maximization. With the opening up of the Telecommunications sector in India, the Consumers as a stakeholder acquires a different meaning, and it becomes the focus of all marketing and innovation of all operators in the sector. The same could be said of the suppliers and the peripheral equipment vendors. We can then argue that the most important stakeholders in BSNL are in fact its own Employees. Our attempt will then try to focus on an assessment of the Company’s performance that views financial performance from the perspective of the Employees. At the same time we wish to point out that it cannot offer a complete perspective because employees have much more at stake than just financial issues before them.","PeriodicalId":223617,"journal":{"name":"Strategy Models for Firm Performance Enhancement eJournal","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114193423","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: 0