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Full-Text Articles in Business
Investor Reaction To Exploration Versus Exploitation Using An Asorptive Capacity Lens, Kevin Walsh
Investor Reaction To Exploration Versus Exploitation Using An Asorptive Capacity Lens, Kevin Walsh
Theses and Dissertations
In his seminal work, March (1991) points to innovation as a key to a firm’s survival. In this dissertation proposal, I seek to build on March’s research by leveraging his construct of balancing a focus on improving existing capabilities (“exploitation”) while simultaneously creating new competencies (“exploration”). These two approaches to innovation are often viewed as requiring a firm to leverage very different skills. Not only are there differing skills, but the level of risk and potential reward also vary based on a firm’s decision to focus on exploration versus exploitation. The reaction of investors to this dichotomy is the focus …
Global Recognition Of Sustainable Companies And The Search For Meaningful Returns, Jenny Gyurova Hite
Global Recognition Of Sustainable Companies And The Search For Meaningful Returns, Jenny Gyurova Hite
Doctoral Dissertations (DBA)
Can an investor realize meaningful returns by choosing sustainability? Global Knights publishes an annual 100 Global Most Sustainable companies list which has been announced each January in Davos, Switzerland since 2005. This paper examines the global recognition of the US sustainable companies which make that list and the presence of cumulative abnormal returns of their portfolio. Event study methodology is used to assess short and long term cumulative abnormal returns of a dynamic portfolio updated annually over 16 years to include those names. Standard Deviations and Sortino Ratios are evaluated to determine the comparative level of risk a potential investor …