A longitudinal analysis of the impact of firm resources and industry characteristics on firm-specific profitability
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Moses Acquaah, Professor and Department Head (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: Using a dynamic heterogeneous panel data model, we examine the relationship between firm-specific resources (corporate management capabilities, employee value-added and technological competence) and firm-specific profitability and the potential moderating effects of industry characteristics on this relationship. We find that firm-specific resources enhance both accounting-based measures (return on assets and return on sales) and market-based measure (Tobin’s q) of firm-specific performance. Moreover, industry characteristics moderate the relationship between firm-specific resources and firm-specific profitability. Managerial implications are discussed.
A longitudinal analysis of the impact of firm resources and industry characteristics on firm-specific profitability
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Created on 9/15/2021
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Additional Information
- Publication
- Journal of Management and Governance, 11: 179-213. https://doi.org/10.1007/s10997-007-9031-8
- Language: English
- Date: 2007
- Keywords
- resource-based view, industrial organization, evolutionary economics, economic rent, panel data analysis