Arbelo, Antonio; Arbelo-Pérez, Marta; Pérez-Gómez, Pilar - In: Business research quarterly : BRQ 24 (2021) 2, pp. 143-159
Although the resource-based view (RBV) of the firm is one of the most accepted theories of strategic management, it has … been criticized for its limited empirical support. The RBV basically predicts the relationship between the firm's resources … and its performance. This study argues that it is more appropriate to measure firm performance using profit efficiency …