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Author:Rajgopal, S.
Venkatachalam, M.
Kotha, S.
Title:Managerial actions, stock returns, and earnings: the case of business-to-business Internet firms
Journal:Journal of Accounting Research
2002 : MAY, VOL. 40:2, p. 529-556
Index terms:Business-to-business
Earnings
Electronic commerce
Internet
Stock returns
Freeterms:Managerial actions
Language:eng
Abstract:The valuation implications of managerial actions undertaken by 57 Internet companies engaged in business-to-business (B2B) e-commerce are investigated in this study. 3007 managerial actions undertaken by the sample companies between the company's IPO date and September 30, 200 are classified into nine action categories: 1) acquisition of major customers, 2) introduction of new products and services, 3) promotional and marketing actions, 4) actions taken to address the concerns of stakeholders, 5) announcements of technology, marketing and distribution alliances, 6) completion of acquisitions, 7) expansion into international markets, 8) management team building actions and 9) organizational changes.
SCIMA record nr: 254662
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