Further evidence on the extent and origins of JIT's profitability effects

• 成果类型: Article
• 署名作者: Kinney, MR; Wempe, WF
• 署名单位: Texas A&M University System; Texas A&M University College Station; Texas Christian University
• 刊物名称: ACCOUNTING REVIEW
• ISSN/ISSBN: 0001-4826
• DOI: 10.2308/accr.2002.77.1.203
• 发表日期: 2002
• 页码: 203-225
• 关键词: JUST-IN-TIME

摘要

Empirical research provides scant evidence that just-in-time (JIT) adopters outperform their non-adopting industry peers. Using a sample of 201 JIT adopters and matched non-adopters, we examine the relation between financial performance and JIT Our sample-wide results indicate that JIT adopters improve financial performance relative to non-adopters, and that profit margin, rather than asset turnover, is the primary source of such improvement. However, results of additional analyses suggest that JIT adopters below a firm-size threshold do not improve financial performance, a finding that reconciles our study to Balakrishnan et al. (1996), which examined a JIT adopter sample that included a greater proportion of small firms.