Evidence from Firm-Level Survey Data

AbstractDetailed information on firm level food safety costs is reported. Survey data for small and very small meat processors are modeled. Economies of scale in implementing Hazard Analysis Critical Control Point (HACCP) systems are investigated. Results indicate that even after controlling for scale, very small plants incur higher compliance costs. Diseconomies of scope are assessed using the probability and number of products discontinued due to HACCP. Such “partial exit” is positively related to the current range of items produced and the need for facility modification. However, no evidence is found for higher levels of partial exit in very small plants.

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LBOs’ effects on innovation: evidence from France

Management international ◽

10.7202/1043010ar ◽

2018 ◽

Vol 19 (3) ◽

pp. 184-200

Author(s):

Anne-Laure Le Nadant ◽

Frédéric Perdreau

Keyword(s):

Survey Data ◽

Private Equity ◽

Manufacturing Firms ◽

Incremental Innovation ◽

Community Innovation Survey ◽

Firm Level ◽

Innovative Products ◽

Innovative Capabilities ◽

Negative Effect ◽

Positive Effect

Using Community Innovation Survey data from France, we provide an empirical analysis of the innovative efforts of a sample of manufacturing firms that underwent a leveraged buyout. We find no evidence that LBOs have a negative effect on firm level of innovation expenditure. In contrast, results suggest that buyouts have a positive effect on incremental innovation and that private equity firms help to make innovation spending more effective and even more efficient. It could be that private equity firms help the company to focus on its core innovative capabilities and bring innovative products to the market without increasing innovation spending.

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The Determinants of Sticky Prices and Sticky Plans: Evidence from German Business Survey Data

German Economic Review ◽

10.1111/geer.12011 ◽

2014 ◽

Vol 15 (3) ◽

pp. 353-373 ◽

Cited By ~ 2

Author(s):

Heike Schenkelberg

Keyword(s):

Survey Data ◽

State Dependence ◽

Empirical Literature ◽

Price Setting ◽

Firm Level ◽

Data Set ◽

Price Increases ◽

Business Survey Data ◽

State Dependent ◽

Business Survey

Abstract So far, there is no consensus on the price adjustment determinants in the empirical literature. Analyzing a novel firm-level business survey data set, we provide new insights on the price setting behavior of German retailers during a low inflation period. Relating the probability of both price and pricing plan adjustment to time- and state-dependent variables, we find that state-dependence is important; the macroeconomic environment as well as the firm-specific condition significantly determines the timing of both actual price changes and pricing plan adjustments. Moreover, input cost changes are important determinants of price setting. Finally, price increases respond more strongly to cost shocks compared to price decreases.

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STRATEGIC ALIGNMENT MATURITY AND ITS EFFECT ON ORGANIZATIONAL PERFORMANCE OF JAPANESE SMALL AND MEDIUM ENTERPRISES

International Journal of Management Innovation & Entrepreneurial Research ◽

10.18510/ijmier.2018.416 ◽

2018 ◽

Vol 4 (1) ◽

pp. 42-50

Author(s):

Michiko Miyamoto

Keyword(s):

Organizational Performance ◽

Survey Data ◽

Strategic Alignment ◽

Empirical Literature ◽

Equation Modeling ◽

Short Term ◽

Firm Level ◽

Business Alignment ◽

Alignment Maturity ◽

The Relationship

Purpose:Using a conceptual framework of Sledgianowski and Luftman (2001), this paper empirically investigates how Japanese SMEs view their Strategy Alignment Maturity, Short-term Linkage, and Organizational Performance. The author examines a theoretical framework for assessing strategic alignment maturity by using a survey data of Japanese small and medium companies. The relationship between strategic alignment maturity and the mutual understanding of business and IT objectives between business and IT executives is analyzed. Methodology: The methodology of this study is quantitative. Three hundred fifty-four (354) Japanese firm-level data collected have beenanalyzed using structural equation modeling. Main Findings:The results show that factors associated with IT-Business Alignment Maturityof Japanese SMEs are statistically significantly positively related to organizational performance. However, those are statistically significantly negatively related to Short-term Linkage.Although the linkage of information system plans with organizational objectives (business plans) are positively related, this study implies that the linkage of information systems and each factor of IT–Business Alignment Maturity is rather weakas previous empirical literature suggested. Applications:This study can be applied to the firm-level analyses where IT-Business Alignment Maturity and Short-term Linkage are in issue. Novelty/Originality:The author examines the relationship between strategic alignment maturity and organizational performance by using a survey data of Japanese small and medium companies.

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The Economic Effects of Firm-Level Uncertainty: Evidence Using Subjective Expectations

International Finance Discussion Paper ◽

10.17016/ifdp.2021.1320 ◽

2021 ◽

Vol 2021 (1320) ◽

pp. 1-48

Author(s):

Giuseppe Fiori ◽

◽

Filippo Scoccianti ◽

Keyword(s):

Survey Data ◽

Demographic Characteristics ◽

Adverse Outcomes ◽

Economic Effects ◽

Business Managers ◽

Firm Level ◽

Subjective Expectations ◽

Financial Variables ◽

Italian Survey ◽

Broad Array

This paper uses over two decades of Italian survey data on business managers' expectations to measure subjective firm-level uncertainty and quantify its economic effects. We document that firm-level uncertainty persists for a few years and varies across firms' demographic characteristics. Uncertainty induces long-lasting economic effects over a broad array of real and financial variables. The source of uncertainty matters with firms responding only to downside uncertainty, that is, uncertainty about future adverse outcomes. Economy-wide uncertainty, constructed aggregating firm-level uncertainty, is countercyclical but uncorrelated with typical proxies in the literature, and accounts for a sizable amount of GDP variation during crises.

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