This study explores the link between higher order technological learning (hyperlearning) processes and firm performance (profitability). The model used is one where learning causes technology transfer which enhances the firm’s strategic assets and therefore increases profitability. The theoretical concepts of technological learning are established and empirical qualitative evidence about techno...

We develop a theoretical model of endogenously determined union density and union membership. A union is formed, continued, or dissolved by majority voting. Given the profitability, production technology, and labor and product market conditions, the union determines the reservation wage that is acceptable to the firm. Based on this reservation wage and other subjective factors, workers vote for...

Academics and practitioners have long recognized the importance of a firm’s industry membership in explaining its financial performance. Yet, contrary to conventional wisdom, recent research shows that industry-specific profitability forecasting models are not better than economy-wide models. This paper re-examines the incremental advantage of industry-specific models. We find considerable indu...

This paper is the first which provides evidence for rent-sharing in Belgium using firm level data. It uses a panel of annual firm level data and shows that a rise in the firm’s profitability leads after some years to an increase in worker’s income. The profit-perhead elasticity of wages is about 0.1 and Lester’s range of wages is estimated at approximately 60 percent of the mean wage. ♣ We woul...

The scope of this paper is to explore the transaction profitability of frequent and sporadic buyers in the Brazilian e-retailing home appliance market. Concepts in relationship marketing literature stressing the impact of purchasing frequency on customer transaction profitability, as well as recent academic research challenging this approach and pointing out the importance of sporadic clients, ...

This study aims to determine whether provitability is able moderate the relationship of liquidity and growth value company. The company a that reflects credibility in eyes public, especially investors prospective investors. sample this research 58. uses multiple analyst regressions data analyst. results showed had negative effect on firm value. Profitability moderates

Abstract How large is entrepreneurs’ personal importance to startups? We use the death of nearly 1,500 entrepreneurs as a source exogenous variation, and find sustained negative effects on growth profitability. For small startups, go mainly via firm survival, while for larger startups are growth. mean effect sales about 60%. The appear be driven by entrepreneur specialness rather than leadershi...

In this note we show that the profitability of merger in markets with quantity competition does not only depend on cost conditions but also on the market structure and on the involved firms’ ‘strategic power.’ Our main result is that bilateral merger can be profitable even if costs are linear – but only in the case of a ‘strong’ firm incorporating a ‘weak’ firm which has adverse effects on welf...

OBJECTIVE To examine whether the nationwide smoking ban, imposed in 2007, had an impact on the profitability of Belgian restaurants. DATA AND METHODS Objective financial reporting data on 1613 restaurants were analysed with return on assets as the outcome measure. The data were collected from the Belfirst database and cover the period 2004-2009. To assess the impact of the smoking ban, a diff...

This study was to examine and analyze the effect of liquidity, profitability, asset structure growth on firm value with capital variable as moderating variable. The population in this are food & beverage sub-sector companies listed Indonesia Stock Exchange for period 2018-2021. technique used sampling is purposive sampling. So that a total 34 were taken research sample. data analysis uses p...