This dissertation provides extensive empirical evidence--a large sample study over a long period--about the link between strategy and shareholder value. In contrast to the typical measure of shareholder value--stock price times the number of shares outstanding--this dissertation uses beta excess...

Literature regarding the gains from internationalization is mixed and ambiguous. This may be because the previous literature ignores issues such as technological push and pull factors that attract foreign investment, industry competitiveness and rivalry among industry participants, the policy of...

Many firms have taken advantage of increasing international opportunities. Therefore, internationalization is important because it has been a source of growth and profitability. To adequately study the topic, it is necessary to investigate the factors that constitute and influence...

This dissertation develops and tests a new theory of private branding, a business practice under which manufacturers' products are sold to consumers under retailers' brands. The theory first argues that consumers' satisfaction with a product depends on both the performance of the manufacturer...

Over the last several decades, manufacturers in the developed countries have adopted organizational techniques collectively referred to as lean production. An essential element of the lean production model is the specialization and decentralization of production decisions throughout the supply...

This dissertation presents three essays exploring the impact of corporate diversification on a business-unit's (BU's) performance, a research which reflects the linkage between corporate-level and business-level strategies. One distinguishing feature of this research is that it explicitly...

To reduce conflict of interests between stockholders and management, agency theory indicates several monitoring mechanisms, including internal board of director control and the external "market for corporate control." Management theorists and economists have independently conducted previous...

Organizational Capital Budgeting Model (OCBM) is a general theory of capital budgeting that incorporates traditional capital budgeting theories and the consideration about firm's information/ organization structure. The traditional financial capital budgeting model is a special case of OCBM....

This dissertation bridges the gap of knowledge between communication and financial research in the area of corporate information dissemination. Mainstream financial research views corporate disclosure of earnings as an event. Earnings estimates are important to the valuation of a firm. It would...

Currency risk in the pricing of international equity returns is analyzed from an empirical viewpoint. The significance of other factors, such as the domestic market index, world index, and industry index is also analyzed.