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Full-Text Articles in Business
Industry Implications Of Value Creation And Appropriation Investment Decisions, David R. King, Rebecca J. Slotegraaf
Industry Implications Of Value Creation And Appropriation Investment Decisions, David R. King, Rebecca J. Slotegraaf
Management Faculty Research and Publications
As managers weigh their resource investment decisions, we argue that these investments have a direct impact on the growth and volatility of the firm’s industry. With data covering 377 industries across 16 years, we investigate relationships for aggregate firm investments on the growth and volatility of industry profit and sales. Results reveal important, complex relationships between investment in value creation and appropriation and different elements of the industry environment.