Do Firms Learn More From Small or Big Successes and Failures? A Test of the Outcome-Based Feedback Learning Perspective (Record no. 52453)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01678nam a22002297a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190820125542.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190820b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Gong, Yan |
| 9 (RLIN) | 34251 |
| 245 ## - TITLE STATEMENT | |
| Title | Do Firms Learn More From Small or Big Successes and Failures? A Test of the Outcome-Based Feedback Learning Perspective |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1034-1056 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | It has been recognized that previous experiences can provide different types of feedback. However, it has not been systematically explored why firms are more likely to learn effectively from certain types of experience than others. From a feedback-based learning perspective, we argue that it is useful not only to focus on feedback valence (success or failure experiences) but also to examine feedback saliency (the magnitude of the experience’s influence). Based on a sample of acquisitions by U.S. firms, our results indicate that a firm’s success experience drives up the premium that it pays for a subsequent acquisition, whereas a failure experience reduces this subsequent premium. Moreover, we find that the magnitude of the effects of the four types of experiences—small failure, big failure, small success, and big success—does not follow a symmetrical pattern of inverse effects. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | acquisition premium |
| Uncontrolled term | Acquisition experience |
| Uncontrolled term | Feedback valence |
| Uncontrolled term | Feedback saliency |
| Uncontrolled term | Feedback-based learning |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Zhang, Yu |
| 9 (RLIN) | 34252 |
| Personal name | Xia, Jun |
| 9 (RLIN) | 34253 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29017 |
| Host Itemnumber | 74521 |
| Main entry heading | DEBORAH E. RUPP |
| Place, publisher, and date of publication | WEST LAFAYETTE SAGE PUBLICATION 2012 |
| Other item identifier | 55510280 |
| Title | JOURNAL OF MANAGEMENT |
| International Standard Serial Number | 0149-2063 |
| 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 | 20/08/2019 | Vol 45, Issue 3/ 55510280JA8 | 55510280JA8 | 20/08/2019 | 20/08/2019 |