Relative Strategic Emphasis and Firm-Idiosyncratic Risk: The Moderating Role of Relative Performance and Demand Instability. (Record no. 48340)
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| 000 -LEADER | |
|---|---|
| fixed length control field | nam a22 7a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20170925163511.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 170925b xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Han, Kyuhong |
| 9 (RLIN) | 27581 |
| 245 ## - TITLE STATEMENT | |
| Title | Relative Strategic Emphasis and Firm-Idiosyncratic Risk: The Moderating Role of Relative Performance and Demand Instability. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 25-44. p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Firms may allocate scarce resources to two fundamental strategic processes: value creation and value appropriation. The relative investment in these processes (i.e., a firm’s relative strategic emphasis) may be associated with firmidiosyncratic risk. Empirically, a firm’s relative strategic emphasis is represented by the difference between its advertising expenditure and its research-and-development expenditure. Using data from 2,403 firms over the period of 2000–2014, the authors find that firms’ relative strategic emphasis on value appropriation versus value creation reduces firm risk, though in a contingent manner. This association is weaker when firms have larger positive or negative relative performance. Furthermore, these contingent associations are stronger when demand instability in an industry is higher. Overall, the results demonstrate that a firm’s strategic emphasis should be examined in light of its relative performance, as well as in the context of current market conditions, when making judicious resource allocation decisions. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Firm-idiosyncratic risk, |
| Uncontrolled term | Relative strategic emphasis |
| Uncontrolled term | Relative performance |
| Uncontrolled term | Demand instability, |
| Uncontrolled term | Financial metrics |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Mittal, V. |
| 9 (RLIN) | 27582 |
| Personal name | Zhang, Yan |
| 9 (RLIN) | 27583 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29537 |
| Host Itemnumber | 66634 |
| Main entry heading | FRAZIER GARY L. |
| Other item identifier | 5557628 |
| Title | JOURNAL OF MARKETING |
| International Standard Serial Number | 0022-2429 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Materials specified | Volume 81, Number 4, July 2017 |
| Uniform Resource Identifier | <a href="http://web.b.ebscohost.com/ehost/detail/detail?vid=0&sid=00f8e70d-93d1-4e17-98d2-0c0dfb2035ae%40sessionmgr103&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=bsh&AN=125210179">http://web.b.ebscohost.com/ehost/detail/detail?vid=0&sid=00f8e70d-93d1-4e17-98d2-0c0dfb2035ae%40sessionmgr103&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=bsh&AN=125210179</a> |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 25/09/2017 | Vol 81, No 4\ 5557628JA2 | 5557628JA2 | 25/09/2017 | 25/09/2017 |