haku: @author Kang, H. / yhteensä: 4
viite: 3 / 4
| Tekijä: | Lee, J. K. Kang, H. Lee, H. K. |
| Otsikko: | Evolutionary Stages of e-Tailers and Retailers: Firm Value Determinants Model |
| Lehti: | Journal of Global Information Management
2002 : JUL-SEP, VOL. 10:3, p. 15-35 |
| Asiasana: | ELECTRONIC COMMERCE INTERNET INFORMATION TECHNOLOGY |
| Kieli: | eng |
| Tiivistelmä: | The authors have studied the evolutionary stages of pure e-tailers, click & mortar (C&M) and brick & mortar (B&M) retailers/or three points of time: June 1999, June 2000, and June 2001. To evaluate the dynamic stages of e-tailing business as an innovative venture, the authors propose four stages: exploration, breakeven, growth, and maturity. The stages are measured by the impact of revenue and income on the firm value, and a regression model is adopted to formulate the model. To empirically examine the stages of e-tailers and retailers, the authors have collected 14 e-tailers, 112 C&M, and 75 B&M from the U.S. stock markets. According to this study, the proposed stage model explains the evolution of pure e- tailers very meaningfully. |
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