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Stakeholder relations and the persistence of corporate financial performance (Record no. 32591)

000 -LEADER
fixed length control field 01901naa a2200193uu 4500
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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