The recent global recession has focused efforts towards better understanding of both firm response and the outcome of that response to recession, or decline. Past research suggests that firms either respond by being conservative, reducing costs, etc., or, they proactively try to innovate out of...

This paper analysed the intermediary effect of market orientation as a variable that can change the business performance of some markets especially SMEs. Market orientation which plays a significant role in marketing and give rise to the organisation's competitive advantage and success and...

The objective of this paper is to examine the influence of board of directors on market performance of large Malaysian listed companies. Using data from corporate annual reports for the financial year 2010, the regression results show that the proportion of independent directors on the board and...

Increasingly, firms engage in environmental certification programmes to reconcile external constituents and ensure financial viability. Some firms decouple the formal programme from core operations to obtain the signalling benefits of certification without investing scarce resources and time on...

This paper examines whether and, if so, why source country heterogeneity exists in foreign direct investment (FDI). Using detailed data on all Swedish firms for the period from 1996 to 2009, we find statistical evidence that affiliate performance differs systematically across source countries....

This paper examines relationships between capital structure decisions, firm performance, and Vietnamese state-owned enterprises (SOEs). Capital structure decisions are considered by short- and long-term debts respectively. We consider 1,580 firm-quarter observations of Vietnamese non-financial...

We offer a theory of spinoffs that explains some salient aspects of these important market entrants. In infant industries, a great share of new market opportunities is depleted by firms that spinoff from incumbents. A model emphasizing the relation between incumbents’ evolving corporate...

This paper investigates the relation between stock liquidity and firm performance.  We find that firms with liquid stocks have better firm performance as measured by the market-to-book ratio.  This result holds even when we include industry or firm fixed effects, control for idiosyncratic...

This study examines the effects of ownership concentration and managerial ownership on the profitability and the value of non-financial firms listed on the Istanbul Stock Exchange (ISE) in the context of an emerging market. We measure the firm's performance by Return on Assets (ROA) and Tobin's...

This paper tries to contribute to the emerging research stream on technology creation in China. We investigated whether technology strategies, expressed in terms of different technological innovation capabilities (TICs) have impact on competitive performance of the firms. The research is based...