Organizational Competence and Firm-Specific Tobin's q: The Moderating Role of Corporate Reputation
研究了员工价值增加和技术能力这两种组织能力如何影响企业特定托宾q,以及企业声誉活动如何强化这一关系,对资源基础观和企业声誉文献有贡献。
Corporate reputation activities have been shown to be a predictor of and a response to strategic organizational activities and outcomes. However, relatively little is known about the moderating role of corporate reputation in the relationship between organizational competencies and firm performance. Using a dynamic panel data model, this study examines how organizational competencies - employee value-added and technological competence - influence firm-specific Tobin's q , and how corporate reputation activities moderate this relationship. The results indicate that organizational competencies enhance firm-specific Tobin's q and that corporate reputation activities play a synergistic role, reinforcing the relationship between organizational competencies and firm performance. These findings contribute to both the resource-based view of the firm and corporate reputation literature by complementing and extending earlier research on the role of corporate reputation activi-ties on firm-specific performance.