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Author:Lafuente, E.
Bayo-Moriones, A.
Garcia-Cestona, M.
Title:ISO-9000 certification and ownership structure: effects upon firm performance
Journal:British Journal of Management
2010 : SEP, VOL. 21:3 p. 649-665
Index terms:certification
regression analysis
stock ownership
property
international business
companies
empirical research
estimation
Spain
Language:eng
Abstract:This article investigates the operational and organizational factors that increase the probability of adopting ISO certification and the effect that ISO certification and ownership structure have upon company performance. Employing a sample of 163 Spanish manufacturing companies in 1996–2000 a rare events logit model and a regression analysis are used. The results indicate that companies manufacturing intermediate goods that have implemented just-in-time practices are more likely to adopt ISO certification. In addition, a strong influence of the ownership structure upon ISO adoption policy is found. The findings show that the positive effect of ISO certification on performance declines in companies where ownership is highly concentrated.
SCIMA record nr: 275837
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