Creating firm value, overcoming organizational inertia through the marketing value chain
Purpose: Technology may produce disruptive changes and market turbulence in any industry. Organizational inertia becomes relevant as a factor that adversely affects organizational transformation; this study aims to examine how to overcome it and its consequences to firms. Design/methodology/approach: The model estimation with seemingly unrelated regression and two-stage least square. The authors build a data set of years 2015–2019 from the Lima Stock Exchange firms to test the hypotheses. Findings: In this research, using the evolutionary-ecological theory of Hannan and Freeman, the study shows the consequences of organizational inertia on marketing intensity and subsequently on firms' financial results. Originality/value: This study presents an inter-functional model that links organizational behavior, marketing and finance functions, through the marketing value chain to overcome organizational inertia and create firm value.
Year of publication: |
2021
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Authors: | Palomino-Tamayo, Walter ; Timaná de la Flor, Juan |
Published in: |
Academia Revista Latinoamericana de Administración. - Emerald, ISSN 1012-8255, ZDB-ID 2401123-X. - Vol. 35.2021, 1 (19.11.), p. 20-36
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Publisher: |
Emerald |
Saved in:
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