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This note points out that the proof of Theorem 1, the main theorem, in Ergin (2002) needs two corrections. We provide two counterexamples to Ergin's proof, and then, show that the theorem holds as it is by providing an alternative proof
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efficiency demonstrate that the capital allocation process is instead a capability strength. In the first stage of the empirical …The capital allocation process is a fundamental, organizational capability that drives value creation. The bulk of … extant empirical research, as well as evidence from prominent field studies, concludes that the capital allocation process is …
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