RT info:eu-repo/semantics/article
T1 Profit efficiency as a measure of performance and frontier models: a resource-based view
A1 Arbelo Pérez, Marta
A1 Arbelo Álvarez, Antonio Manuel
A1 Pérez Gómez, María del Pilar
A2 Dirección de Empresas e Historia Económica
A2 Grupo de investigación: Eficiencia y ventaja competitiva.
Instituto de investigación: Instituto Universitario de la Empresa (IUDE).
K1 profit efficiency
K1 performance measurement
K1 corporate reputation
K1 stochastic frontier methodology
K1 resource-based view
AB Although the resource-based view (RBV) of the firm is one of the most accepted theories of strategic management, it has been criticized for its limited empirical support. The RBV basically predicts the relationship between the firm’s resources and its performance. This study argues that it is more appropriate to measure firm performance using profit efficiency than traditional financial or accounting measures and that frontier models have great potential in empirical research on the RBV. To test this idea empirically, we used a stochastic frontier model with random coefficients to evaluate the impact of corporate reputation on profit efficiency. Finally, implications of the aforementioned focal points are discussed.
YR 2021
FD 2021
LK http://riull.ull.es/xmlui/handle/915/38739
UL http://riull.ull.es/xmlui/handle/915/38739
LA en
DS Repositorio institucional de la Universidad de La Laguna
RD 19-nov-2024