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This study investigates the effects of CEO succession on the stock and financial performance of large publicly held corporations over the years 1977‐1994. Using a market signaling framework, this study examines how the stock market responds to the expected financial performance of the firm at...
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Empirical studies on the effect of sellers’ reputation on closing prices in online auctions present mixed results. A large number of studies addresses reputational effects in one country, especially in the US. Only a small number of cross-country studies inspect the moderating role of...
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Purpose – Structural equation modeling (SEM) has been widely used to examine complex research models in international business and marketing research. While the covariance-based SEM (CB-SEM) approach is dominant, the authors argue that the field’s dynamic nature and the sometimes early stage...
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