haku: @author Poppo, L. / yhteensä: 6
viite: 3 / 6
| Tekijä: | Poppo, L. Weigelt, K. |
| Otsikko: | A test of the resource-based model using baseball free agents |
| Lehti: | Journal of Economics & Management Strategy
2000 : WINTER, VOL. 9:4, p. 585-614 |
| Asiasana: | CORPORATE MODELS RETURN ON INVESTMENT |
| Vapaa asiasana: | BASEBALL FREE AGENTS |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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