Results 41 to 50 of about 301,443 (309)
The Shareholder Value and Diversification Puzzle [PDF]
SSRN Electronic Journal, 2010 Diversified firms are supposed to be valued less than the sum of their parts because of the diversification discount, but subsequent research has found that the relationship between diversification and shareholder value is not causal. We analyze the relationship between diversification and shareholder value taking into consideration the persistence of ...
openaire +2 more sources
Marketing as an Investment in Shareholder Value [PDF]
British Journal of Management, 2018 AbstractWe present resource‐based and capability‐based arguments of marketing investment intensity to offer a strategic view of marketing as an investment in shareholder value. We find that marketing investment intensity has a U‐shaped quadratic effect on shareholder value creation (Tobin's q) that calls for marketing investment to be protected and ...
Mathew Hughes +3 more
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Creating social and environmental value through integrated thinking: International evidence
Business Strategy and the Environment, Volume 32, Issue 1, Page 304-320, January 2023., 2023 Abstract Integrated thinking (IT) is a managerial mindset increasingly discussed in the context of value creation. Through the lens of systems theory, this study examines how the degree to which IT is embedded in a firm's strategy and day‐to‐day business processes is associated with the firm's social and environmental value creation.
Daniel Reimsbach, Geert Braam
wiley +1 more source
The impact of divestitures on shareholder wealth – The DACH case [PDF]
European Journal of Management and Business Economics, 2021 Purpose – The purpose of this research is to study the impact of divestitures on shareholder wealth. This study covers selloffs of publicly traded companies in Germany, Austria and Switzerland (DACH region) during the period 2002–2018.
Nils Teschner, Herbert Paul
doaj +1 more source
Systemic Harms and Shareholder Value [PDF]
Journal of Legal Analysis, 2014 The financial crisis has demonstrated serious flaws in the corporate governance of systemically important financial firms. In particular, the Shareholder Value norm, which has guided corporate governance reform for a generation, proves to be a faulty guide for managerial action in systemically important firms.
Armour, J, Gordon, J
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Business Strategy and the Environment, Volume 32, Issue 1, Page 462-483, January 2023., 2023 Abstract The assurance of sustainability information by small and medium‐sized entities (SMEs) has not attracted much research interest to date. To rectify this, we draw on a sample of European firms (from the EU, the United Kingdom and Norway) extracted from the Global Reporting Initiative (GRI) database and explore the disclosure variable in relation
Antonio Somoza
wiley +1 more source
CSR, Sustainable Value Creation and Shareholder Relations
Symphonya, 2017 The establishment of integrated corporate social responsibility principles, the growing complexity and importance of business/stakeholder relationships, and the elimination of space and time barriers to the circulation of information and capital change ...
Daniela M. Salvioni, Francesca Gennari
doaj +3 more sources
Business Strategy and the Environment, Volume 32, Issue 1, Page 484-498, January 2023., 2023 Abstract This study examines whether and how outward foreign direct investment (OFDI) affects firms' domestic environmental performance. We use both the reverse knowledge transfer and resource crowding perspectives to predict the association. Using a sample of Chinese firms, we find that firms' environmental performance improves after the initiation of
Wenbin Long +3 more
wiley +1 more source
COVID‐19, ESG investing, and the resilience of more sustainable stocks: Evidence from European firms
Business Strategy and the Environment, Volume 32, Issue 1, Page 602-623, January 2023., 2023 Abstract Following the COVID‐19 outbreak, orientation toward sustainability is a critical factor in ensuring firm survival and growth. Using a large sample of 1,204 firms in Europe during the year 2020, this study investigates how more sustainable firms fare during the pandemic compared with other firms in terms of risk–return trade‐off and stock ...
Giovanni Cardillo +2 more
wiley +1 more source