search query: @author Poppo, L. / total: 6
reference: 3 / 6
| Author: | Poppo, L. Weigelt, K. |
| Title: | A test of the resource-based model using baseball free agents |
| Journal: | Journal of Economics & Management Strategy
2000 : WINTER, VOL. 9:4, p. 585-614 |
| Index terms: | CORPORATE MODELS RETURN ON INVESTMENT |
| Freeterms: | BASEBALL FREE AGENTS |
| Language: | eng |
| Abstract: | This paper examines a nearly untested premise of the resource-based view of the firm: managers can exploit uncertainty about a factor's true value to generate returns. The results show that empirically validating this basic proposition is difficult and potentially impossible, despite the use of a rather simple setting. While market imperfections appear to underlie the payment of baseball free agents, the authors cannot easily determine whether this imperfection constitutes a return or not. |
SCIMA