The measurement of the economic performance of the US Nonfinancial Corporate Business Sector 1946–1990: an application of the shareholder value creation concept

1996 ◽  
Vol 5 (4) ◽  
pp. 715-741 ◽  
Author(s):  
Gerald H. Lawson
Keyword(s):  
Value Creation ◽  
Economic Performance ◽  
Shareholder Value ◽  
Business Sector ◽  
The Us ◽  
Corporate Business

scholarly journals Loss aversion, overconfidence of investors and their impact on market performance evidence from the US stock markets

2020 ◽  
Vol 25 (50) ◽  
pp. 451-478
Author(s):  
Ahmed Bouteska ◽  
Boutheina Regaieg
Keyword(s):  
Stock Market ◽  
Economic Performance ◽  
Loss Aversion ◽  
Market Performance ◽  
Ordinary Least Squares ◽  
Company Performance ◽  
Service Firms ◽  
Content Type ◽  
The Us ◽  
The Impact

Purpose The current study aims to investigate the impacts of two behavioral biases, namely, loss aversion and overconfidence on the performance of US companies. First, the impact of loss aversion on the economic performance of companies was assessed. Second, the impact of overconfidence on market performance was discussed. Design/methodology/approach This study used around 6,777 quarterly observations on the population of US-insured industrial and services companies over the 2006-2016 period. Ordinary least squares (OLS) regression in two panel data models were used to test the hypotheses formulated for the study. Findings It was documented that the loss-aversion bias negatively affects the economic performance of companies and this is achieved for both sectors. In contrast, the findings suggest that overconfidence positively affects market performance of industrial firms but negatively affects market performance in service firms. Further robust evidence was found that overconfidence bias seems to be dominant, and hence, investors may tend to be more overconfident rather than more loss-averse. Originality/value This research can be extended by focusing on the following question: What is the impact of the contradictory (positive and negative) effects of an investor's loss aversion and overconfidence on the US company performance in case of realization of a stock market crisis or stock market crash?

Shareholder Value, Management Culture and Production Regimes in the Transformation of the German Chemical-Pharmaceutical Industry

2002 ◽  
Vol 6 (3) ◽  
pp. 309-325 ◽  
Author(s):  
Sigurt Vitols
Keyword(s):  
Recent Literature ◽  
Shareholder Value ◽  
Value Management ◽  
Pharmaceutical Companies ◽  
Drivers Of Change ◽  
Management Culture ◽  
Long Run ◽  
The Us ◽  
Production Regime ◽  
National Systems

One of the greatest points of controversy in the recent literature in political economy is the extent to which “shareholder value” oriented institutional investors are drivers of change in national systems of corporate governance. This article argues that the key question is how management cultures shape managerial responses to pressures for change from capital markets. Empirical evidence for this argument is provided through an examination of changes since the mid-1990s at the “Big Three” German integrated chemical/pharmaceutical companies: Hoechst, Bayer and BASF. Despite facing similar demands from shareholder-value oriented investors, management at the three companies have pursued quite different strategies. The end result, however, may be the same from a production regime perspective, that is, the long-run withdrawal of “Big Pharma” from Germany as a location for R&D due to a more favorable institutional framework in the US.

scholarly journals Methods for share values assessment and shareholder value creation

2018 ◽  
Vol 6 (1) ◽  
pp. 39-49 ◽  
Author(s):  
Stefan Zimonjić ◽  
Milan Gavrilović ◽  
Miloš Roganović
Keyword(s):  
Value Creation ◽  
Shareholder Value ◽  
Values Assessment

Ottawa extends terrorist entity list to neo-fascists

2021 ◽  
Keyword(s):  
Rural Areas ◽  
Business Sector ◽  
Content Type ◽  
High Profile ◽  
The Us ◽  
White Supremacists ◽  
The Military ◽  
Radical Element

Significance Some MPs called for this action in the wake of the storming of the US Capitol last month, but the move has been considered for some time following concerns about extremism within the military. Impacts The growth of extremism is linked to a growing divide between conservative white rural areas and cosmopolitan cities. Separatist sentiment in the western provinces may develop a newly radical element from links to extremism. The business sector may face some disruption from an increase in protests and demonstrations. Canada’s reputation for welcoming immigrants could be damaged if there are high-profile incidents involving white supremacists.

Integration of Mission Into Assessment and Assurance of Learning Programs

2019 ◽  
pp. 306-326
Author(s):  
Paul Katuse ◽  
Juliana Mulaa Namada ◽  
Francis W. Wambalaba
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Performance Model ◽  
Business Sector ◽  
Transnational Education ◽  
Strategic Fit ◽  
The Us ◽  
Learning Programs ◽  
Specific Comparison

The concept of transnational education seems to have sprang from dormancy to heightened activity in the last three decades. Higher education institutions (HEI) have been growing and moving from one nation to another in pursuit of realization of certain set goals. These goals have a clear bearing on the mission of the institution. This chapter gives an overview of the perspectives open to HEI, it elaborates on the process of assessment of mission outcomes of an institution on the basis of its strategic fit between its resources and its environment. A more specific comparison of Baldridge criteria as a performance model with the business sector is explored; however, the basic assumption of the writers was that HEI are nonprofit-oriented organizations. Further, through a case study which is a university in Africa with historic connections to the US, the process of assessment is explained. It is through the experience which the team went through as the conducted the assessment that recommendations and conclusions were given.

Sign in / Sign up

Export Citation Format

Share Document