Entry decisions—often critical to firm survival and growth, market evolution, and industry profitability—have been the subject of inquiry for decades. In particular, the timing of entry decisions, drawing primarily on the first-mover advantage (FMA) perspective, has emerged as a prominent area of study. While previous research confirms that entry timing is critical, a large number of contin…
Includes bibliographies and index
Printed Journal
With its focus on product-market rivalry, competitive dynamics research fails to tell the whole story. We develop a theory of factor-market rivalry to shed light on atypical rivals and competitive blind spots. Focusing on resource versatility and mobility, the theory introduces dynamic constructs - resource discontinuities, leapfrogging, and captivity - and explains their role in triggering cas…
This paper investigates the dynamic relation between net individual investor trading and short-horizon returns for a large cross-section of NYSE stocks. The evidence indicates that individuals tend to buy stocks following declines in the previous month and sell following price increases. We document positive excess returns in the month following intense buying by individuals and negative excess…
We study pre-trade transparency by looking at the introduction of NYSE's open book service that provides limit-order book information to traders off the exchange floor. We find that traders attempt to manage limit-order exposure : they submit smaller orders and cancel orders faster. Specialists' participation rate and the depth they add to the quote decline. Liquidity increases in that the pric…
In Initial Public Offering process, there is a phenomenon called underpricing which means that closing price in first trading day in secondary market is higher than the offering price. Many theory try to explain the reason why this phenomenon exist and one of the theory is signalling theory. In this theory, good firm try to diferentiate themselves from ?bad firm? and they use the degree of unde…
Ada tabel.
In Initial Public Offering process, there is a phenomenon called underpricing which means that closing price in first trading day in secondary market is higher than the offering price. Many theory try to explain the reason why this phenomenon exist and one of the theory is signalling theory. In this theory, good firm try to diferentiate themselves from ?bad firm? and they use the degree of unde…
Skripsi ini disusun dengan tujuan untuk mengevaluasi sejauh mana penerapan akuntansi manajemen lingkungan pada PT X. Fokus pembahasannya mengenai kepedulian dan ketaatan perusahaan terhadap peraturan pengelolaan lingkungan, biaya dan investasi apa saja yang dikeluarkan untuk pengelolaan lingkungan, dan seberapa besar memberi manfaat bagi keberlangsungan perusahaan. Berdasarkan penelitian yang d…