Tronconi, Claudia; Vittucci Marzetti, Giuseppe - In: Economics Letters 112 (2011) 2, pp. 141-143
The paper assesses the impact of organization capital (OC) on firm performance for a sample of European firms. OC is proxied by capitalizing selling, general and administrative expenses, an income statement item. Results are robust and show the strong effect of OC on firm performance.