The current study investigates a central premise of the resource-based view of the firm-that managers are a potential source of value creation for the firm. Using data from professional sports teams, we test theory regarding the effects of managerial ability, human resource stocks, and managers'...

Research on diversification has produced insights into possible linkages between organizational scale and scope and firm performance. However, the paucity of research on its implementation has hindered our understanding of the broader performance implications of these strategies. We extend the...