Determinants of firm performance: The relative importance of economic and organizational factors
研究将企业间利润率的差异分解为经济因素和组织因素,发现两者都显著影响企业绩效,且组织因素的解释力约为经济因素的两倍。
Abstract We decompose the inter‐firm variance in profit rates into economic and organizational components. Using a representative model from each paradigm we find that both sets of factors are significant determinants of firm performance. Further findings are that the two effects are roughly independent and that organizational factors explain about twice as much variance in profit rates as economic factors.