Stakeholder relations and the persistence of corporate financial performance (Record no. 32591)
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001 - CONTROL NUMBER | |
control field | 0042614464537 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190211171217.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 100426s2009 xx ||||gr |0|| 0 eng d |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | eng |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | CHOI, Jaepil |
9 (RLIN) | 30554 |
245 10 - TITLE STATEMENT | |
Title | Stakeholder relations and the persistence of corporate financial performance |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Place of publication, distribution, etc. | Bognor Regis : |
Name of publisher, distributor, etc. | Wiley-Blackwell, |
Date of publication, distribution, etc. | August 2009 |
520 3# - SUMMARY, ETC. | |
Summary, etc. | We examine the effect of a firm's relations with its nonfinancial stakeholders, including its employees, suppliers, customers, and communities, on the persistence of both superior and inferior financial performance. In particular, integrating and extending the resource-based view of the firm and stakeholder management literatures, we develop the arguments that good stakeholder relations not only enable a firm with superior financial performance to sustain its competitive advantage for a longer period of time, but more importantly, also help poorly performing firms to recover from disadvantageous positions more quickly. The arguments are supported by the analysis of a series of first-order autoregressive models. Our findings further suggest that the positive effect of good stakeholder relations on the persistence of superior performance is not as strong as that of some other firm resources, such as technological knowledge, but it is the only factor examined that promises to help a firm recover from inferior performance. Therefore, the role of positive stakeholder relations in helping poorly performing firms recover is found to be more critical than its role in helping superior firms sustain their performance advantage. |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | WANG, Heli |
9 (RLIN) | 35751 |
773 08 - HOST ITEM ENTRY | |
Title | Strategic Management Journal |
Related parts | 30, 8, p. 895-907 |
Place, publisher, and date of publication | Bognor Regis : Wiley-Blackwell, August 2009 |
International Standard Serial Number | ISSN 01432095 |
Record control number | |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Periódico |
998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
-- | 20100426 |
Operator's initials, OID (RLIN) | 1446^b |
Cataloger's initials, CIN (RLIN) | Daiane |
998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
-- | 20100428 |
Operator's initials, OID (RLIN) | 1702^b |
Cataloger's initials, CIN (RLIN) | Carolina |
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