Sharing common inputs across business lines can potentially generate synergy that justifies related diversification. The pursuit of such synergy through diversification is, however, fundamentally driven by the indivisibility of inputs between firms. Following Penrose's insight, I argue that to...

In the present paper an attempt will be made to show econometrically with panel data that as globalization increases, banking risk goes also up but not by as much. Panel data are elaborated by means of Eviews software package. The sample covers during 1999–2007 Western Europe and the United States

Higher commodity prices, and higher currency and commodity price volatility have combined with challenging economic circumstances to make for very challenging economics within many industries today. These factors introduce risk to both top line revenue as well as the cost structure to wreak...

This book consists of a selection of unique case studies of Polish companies in various sectors. The cases, presenting both real business dilemmas and personal perspectives, are the result of extensive in-company research and advisory projects. They reconstruct the circumstances and constraints...

Driven by calls for empirical research, this paper aims to contribute to a deeper understanding of the specific sub-dimensions of high performance work systems (HPWS) that drive organizational innovation. To this end, data were gathered from a sample of 240 motel establishments in the USA. In...

Luck is a critical variable in small business strategy. However, there is little empirical evidence about the role of luck. This study responded to calls for empirical research using nonstandard statistical techniques to probe the dynamic trajectory of luck on firm performance. We analyze...

Increasing efforts are being made towards the promotion of a culture of philanthropic and social responsibility within Mexican companies and organizations. These organizations not only work to support themselves, but are also engaging in actions and attitudes which ease and promote development....

Recent years have seen dramatic changes in data storage and processing technologies. New opportunities to collect and leverage data have led many managers to change how they make decisions — relying less on intuition and more on data. In this paper we provide the first systematic empirical...

Purpose: The purpose of this paper is to propose a model to disclose, report, and manage intellectual capital (IC) in a network of companies. To this end, it provides a monetary evaluation of core competencies (CCs), which may be defined as a bundle of various types of intangibles, aggregating...

The gradual changes of the international and national financial system has increased risks that banks have to face and has required stronger and more accurate instruments to monitor, to measure and to manage credit risks. The Basel Committee on Banking Supervision has developed a new framework...