Does vertical integration affect firm performance? Evidence from the airline industry

Does Vertical Integration Affect Firm Performance? Evidence from the Airline Industry

This paper investigates the performance implications of firms’ vertical integration decisions. Our setting is the U.S. airline industry. Major airlines subcontract service on low-density short and medium-haul routes to regional airlines. These regional partners are either owned by the major airline or are independently owned and contract with one or more major airlines. Earlier work (Forbes and...

Does Firm Size Affect The Firm Profitability? Evidence from Turkey

The aim of this study is to investigate the affect of firm size on profitability. In this study, data of 200 companies which were active in Istanbul Stock Exchange (ISE) between the years 2008-2011 has been used. “Return on Assets” (ROA) has been used as indicators of firm profitability and total assets, total sales and number of employees have been used as indicators of size. Multiple regressi...

Vertical Integration and Firm Boundaries: The Evidence

The Regional Performance Impacts in the Supply Chain integration: Evidence from East Africa Basic Metal Industry

The objective of this study was to investigate the relationship between regional firm performance and supply chain integration practices. In addition to literature survey, the primary data collection instrument used was a questionnaire which was administrated to a total sample of 200 industry experts, administrative officers, functional department heads and directors, the industry managing dire...

Does Corporate Governance Affect Firm Value? Evidence from Korea

† Earlier versions of this paper were presented at the Second Asian Conference on Corporate Governance (2002), 8th Mitsui Life Symposium on Global Financial Markets (2002), International Monetary Fund (2003), KAEA (Korea America Economic Association) annual meeting (2003), Korea Fair Trade Commission (2002), Korea Association of Industrial Organization (2002), KDI School of Public Policy and Ma...