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The Impact of the Diffusion of a Financial Innovation on Company Performance: An Analysis of SWIFT Adoption
Scott, Susan; Reenen, John Van; Zachariadis, Markos - Centre for Economic Performance, LSE - 2010
(including 1,689 SWIFT adopters) between 1998 and 2005. We find that adoption appears to have large effects on profitability, but … complementarities between new technologies and firm organization. The profitability effect operates by both raising sales and decreasing …
Persistent link: https://www.econbiz.de/10008646247
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The Interrelationship between HR, Strategy and Profitability in Service SMEs: Empirical Evidence from the UK Tourism Hospitality and Leisure Sector
Georgiadis, Andreas; Pitelis, Christos N. - Centre for Economic Performance, LSE - 2010
We investigate the strategies, HR attributes and their synergies that are associated with superior performance in service SMEs using data from the UK Tourism Hospitality and Leisure (THL) sector. A major advantage of our analysis is that our sample includes information also on very small firms...
Persistent link: https://www.econbiz.de/10008542756
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Minimum Wages and Firm Profitability
Draca, Mirko; Machin, Stephen; Reenen, John Van - Centre for Economic Performance, LSE - 2006
other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …
Persistent link: https://www.econbiz.de/10005670517