This research develops a new group-based profit difference model for comparing profit performance at the group level with heterogeneous production technology and currencies. The proposed model can fully measure component effects that contribute to cross-group profit variation and also explicitly...

Purpose Large attention surrounds identifying the meaningful blockchain business model on financial services, while a little focus about non-financial organizations and solutions in terms of how the blockchain business model can affect the organization and bring more value. To address the...

Purpose: The purpose of this paper is to understand how a major retailer like Kmart lost its dominant position in the American retail industry. Design/methodology/approach: This paper contains a decomposition of profit change into meaningful economic drivers using a methodology that combines...

In this working paper we examine variation in financial performance, both across organizational form and through time. Because variation in financial performance may be driven by variation in productivity,we also examine variation in productivity, again across organizational form and through...