The government-mandated closure of U.S. restaurants for in-restaurant dining during the early stages COVID-19 crisis cast a spotlight on operators’ ability to effectively innovate, and re-imagine their product offerings. In this context, research draws resource-advantage theory competitive advantage, proposing that (1) an adhocracy culture is key internal resource operators can leverage drive r...

This paper investigates the stock returns and volatility size effects for firm performance in the Taiwan tourism industry, especially the impacts arising from the tourism policy reform that allowed mainland Chinese tourists to travel to Taiwan. Four conditional univariate GARCH models are used to estimate the volatility in the stock indexes for large and small firms in Taiwan. Daily data from 3...

although economists and entrepreneurs had been aware of the impact of economies of scale on average cost, no comprehensive theory was introduced until 1950s. economies of scale is used by economist as a practical measure for evaluating the extent of competition (monopoly) in real markets. there are two primary aims of this paper: 1) to introduce theoretical aspects of economies of scale, 2) to ...

This study aims to obtain empirical evidence related the effect of dividend policy, investment decisions, leverage, profitability, and firm size on value. The population this is all manufacturing companies listed Indonesian stock exchange in 2015-2019 with 30 as samples. Determination sample using purposive sampling method. Hypothesis testing uses panel data regression. results showed that poli...