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作者:MITCHELL, W; SHAVER, JM; YEUNG, B
摘要:We investigate the effects of increasing and decreasing international presence on market share and survival in the American medical diagnostic imaging equipment industry. Imaging equipment manufacturers possessing international medical operations tend to achieve superior market share and longer survival, but we find that attempting to become an international medical player is risky. Both increasing and decreasing international presence have negative associations with survival, while decreased ...
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作者:WOO, CY; WILLARD, GE; DAELLENBACH, US
作者单位:University of Illinois System; University of Illinois Urbana-Champaign
摘要:While the impact of divestitures on parent firms has been extensively studied, little attention has been given to the performance of the divested units. Previous research has found that spin-offs and sell-offs were associated with significant positive cumulative abnormal returns. However, these studies have not identified whether these benefits were expected to accrue to the divesting firm, the divested unit, or both. Specifically, this study examined the performance as autonomous firms of a s...
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作者:DAVIDSON, WN; WORRELL, DL
作者单位:University of North Carolina; Appalachian State University
摘要:Previous research has found that product recall announcements in the automobile industry are associated with negative abnormal returns. We extend this research by examining announcements of product recalls and products taken off the market outside the automobile industry. We find negative abnormal returns for these announcements and that the returns are significantly more negative when products are replaced (or the purchase price is returned) than when the products are checked and repaired. We...
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作者:MORRISON, AJ; ROTH, K
作者单位:University of South Carolina System; University of South Carolina Columbia
摘要:This study presents a taxonomy of business-level strategies in global industries. Empirical data suggest there are four broad strategies: domestic product niche, exporting high quality offerings, international product innovation, and quasi-global combination. A discussion of the characteristics and performance differentials of each strategy type is provided as well.