Firm Size, Innovation, and Market Share Instability: the Role of Negative Feedback and Idiosyncratic Events

2000 ◽  
Vol 03 (01n04) ◽  
pp. 417-431 ◽  
Author(s):  
Mariana Mazzucato
Keyword(s):  
Market Share ◽  
Negative Feedback ◽  
Firm Size ◽  
Returns To Scale ◽  
Evolutionary Model ◽  
Structural Factors ◽  
Technological Opportunity ◽  
Specific Level ◽  
The Relationship

An evolutionary model is built which uses structural and random factors to account for the emergence of market share instability and industry concentration. The structural factors are studied through the relationship between firm size and innovation (dynamic returns to scale) while the random factors are studied through the effect of shocks on this feedback relationship. We find that market share instability is the highest under the negative feedback regime, when the industry specific level of technological opportunity is intermediate, and when shocks are neither very large nor very small.

The American Ghetto, Gangster, and Respect on the Streets of Copenhagen: Media(tion)s between Structure and Street Culture

2021 ◽  
pp. 089124162110569
Author(s):  
Hakan Kalkan
Keyword(s):  
Mass Media ◽  
Cultural Factors ◽  
Media Representations ◽  
Structural Factors ◽  
Perceived Similarity ◽  
Ethnographic Fieldwork ◽  
Street Culture ◽  
The Media ◽  
The Relationship

“Street culture” is often considered a response to structural factors. However, the relationship between culture and structure has rarely been empirically analyzed. This article analyzes the role of three media representations of American street culture and gangsters—two films and the music of a rap artist—in the street culture of a disadvantaged part of Copenhagen. Based on years of ethnographic fieldwork, this article demonstrates that these media representations are highly valuable to and influential among young men because of their perceived similarity between their intersectional structural positions and those represented in the media. Thus, the article illuminates the interaction between structural and cultural factors in street culture. It further offers a local explanation of the scarcely studied phenomenon of the influence of mass media on street culture, and a novel, media-based, local explanation of global similarities in different street cultures.

scholarly journals The role of cultural and structural factors in the explanation of marginal social position in the USA: Scopes and dilemmas

Sociologija ◽  
2013 ◽  
Vol 55 (3) ◽  
pp. 395-416
Author(s):  
Stefan Jankovic
Keyword(s):  
Cultural Factors ◽  
Social Position ◽  
Structural Factors ◽  
Historical Account ◽  
Culture Of Poverty ◽  
Behavioural Patterns ◽  
Cultural Grounding ◽  
The Usa ◽  
The Relationship

The paper gives a historical account of the genesis of marginal social position explanations in the USA, with special emphasis on the characteristics, related to the generating of cultural factors in explanation. In this light, the two fundamental and interrelated concepts are being indentified - the culture of poverty and the underclass, whose conceptual genesis, in a causal manner, varies between structural and cultural grounding. Due the translation of perceived minority behavioural patterns into the dimensions used for defining the marginal social position, conceptual validity of the underclass has been heavily disputed. At the same time, dilemmas created by the implementation of cultural factors constructed in that way open up broader issues of the relationship between culture and structure, lines of determination and the possibility of a consistent explanation of marginal social position.

scholarly journals Heterogeneity of demand and product innovation

2017 ◽  
Vol 47 (1) ◽  
pp. 5-37 ◽  
Author(s):  
Thiago Caliari ◽  
Marco Valente ◽  
Ricardo Machado Ruiz
Keyword(s):  
Product Innovation ◽  
Imperfect Information ◽  
Evolutionary Model ◽  
Quality Of Information ◽  
Choice Procedures ◽  
Differentiated Goods ◽  
The Relationship ◽  
Role Of Information

Abstract This paper discusses the relationship between heterogeneity of demand regarding choice procedures and product innovation. We propose an evolutionary model showing how consumers with imperfect information chose and select differentiated goods. The model shows the role of information and choice procedures and its relation with the innovative process. The price plays an important role, but the quality of information, error tolerance and criteria for preference ordering are important determinants of the performance of firms in an industry with product innovation.

scholarly journals The Relationship Between Financial Flexibility and Market Value Added: The Mediation Effect Role of the Corporate Size (A Practical Study on a Sample of Jordanian Industry Sector Firms)

2020 ◽  
Vol 13 (1) ◽  
pp. 52
Author(s):  
Arshed Fouad Altameemi
Keyword(s):  
Firm Size ◽  
Stock Exchange ◽  
Value Added ◽  
Market Value ◽  
Mediation Effect ◽  
Financial Flexibility ◽  
Corporate Size ◽  
Market Value Added ◽  
The Relationship

The current study aims at testing the effect of ‘Financial Flexibility’ (FF) on the market value-added by the firm size as a mediator variable. This study’s statistic sample consists of 26 companies listed on the Amman stock exchange from 2010 to 2019. The FF and market value-added are independent and dependent variables, respectively. The data analysis was done by the Baron - Kenny methodology (1986) and Sobel-Test to analyze the hypothesizes based on the corporate size’s mediation effect role. The results concluded from the study of the effect of the company size on the relationship between FF and market value-added stated that the FF has a positive statistically significant impact, and there a partial mediation of the firm size effect upon this relationship due to the mediation effect is statistically significant based on Sobel test.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY AND EARNINGS MANAGEMENT: THE ROLE OF CORPORATE GOVERNANCE

2019 ◽  
Vol 7 (5) ◽  
pp. 1338-1347
Author(s):  
Gemi Ruwanti ◽  
Grahita Chandrarin ◽  
Prihat Assih
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Earnings Management ◽  
Firm Size ◽  
Good Corporate Governance ◽  
Corporate Social ◽  
Relationship Of ◽  
The Relationship

Purpose: The purpose of this paper is to examine the role of corporate governance in the relationship of Corporate Social Responsibility (CSR) and firm size to earnings management of manufacturing firms in Indonesia. Methodology: The study draws on data from 66 firms listed in Indonesian Stock Exchange from 2014 to 2017, using a multiple regression model. The present study examines the influence of CSR on earnings management, and the impact of corporate governance on the relationship between CSR and firm size with earnings management. Main Findings: The finding showed that the effect of CSR on earnings management was significant and positive. The study also finds a statistically significant negative relationship between firm size and earnings management. The evidence also shows the role of corporate governance in the relationship of CSR and firm size to earnings management is significant and negative, it means that when the firm has good corporate governance, the firms that allocate CSR funds are relatively large, then it will tend not to practice earnings management, likewise large firms with good corporate governance will tend not to do earnings management. Research limitations/implications: The present study does not include all possible other variables that influence earnings management. Further research might increase the scope of research objects by extending the study period and need to pay attention to the firm's macro factors or economic risk factors outside of financial performance so as to provide a more comprehensive picture of the results of the study. Originality/value: The study focuses on the role of corporate governance issues such as the independence and activity of the boards and their influence on earnings management. The subject analyses the possible impact of CSR and firms size-related earnings management that has received much attention from academic research, which has largely focused on studying the publications of corporate governance in Indonesia context and can be contributes thoughts about the importance of corporate social responsibility activities that are reported as a basis for consideration incorporate policy-making to further enhance corporate awareness in the social environment, as well as the importance of corporate governance to minimize earnings management practices.

LEAD AND ZINC DEPOSIT FORMATION CONDITIONS WITHIN ANGARA-BOLSHEPITSK MINERAGENIC ZONE, YENISEI RIDGE

2020 ◽  
pp. 52-67
Author(s):  
M. N. Zaitseva ◽  
V. V. Kuznetsov ◽  
V. D. Konkin ◽  
T. V. Seravina ◽  
A. V. Inyakin ◽  
...  
Keyword(s):  
Practical Interest ◽  
Yenisei Ridge ◽  
Organic Carbon Content ◽  
Structural Factors ◽  
Ore Formation ◽  
Factors Affecting ◽  
Lead And Zinc ◽  
Formation Conditions ◽  
The Relationship

The paper shows the main characteristics for geological and associated ore formations in the Tungusik formation complex. Ore formation deposit types and ore field types in the region are identified and described. Based on the identified lithofacies, the paleoenvironment of stratiform ore associations formation is characterized. The role of metamorphism and structural factors affecting prospecting conditions are shown. The relationship between the mineral type of ores and organic carbon content in ore-bearing strata for various geological and economic types has been revealed. The obtained and generalized data are of practical interest in designing forecasting/prospecting deposit models and improving prospecting efficiency.

scholarly journals The mediating role of human capital on the relationship between audit firm size and independent auditor’s opinion: evidence from Iranian audit firms

2016 ◽  
Vol 4 (2) ◽  
pp. 102
Author(s):  
Seyedhossein Naslmosavi ◽  
Agha Jahanzeb
Keyword(s):  
Human Capital ◽  
Firm Size ◽  
Positive Association ◽  
Audit Firm ◽  
Mediating Role ◽  
Audit Firms ◽  
Audit Reports ◽  
The Relationship

This empirical research is aimed to explore the effect of Human Capital (HC) as a mediator in the association of the size of an audit firm and independent auditor’s opinion (IAO). The respondents of this research were senior practicing auditors of audit firms with verse experience. The research has applied ANCOVA and path analysis method in SEM by utilizing LISREL to examine research questions. The results of this study revealed that HC was significantly associated to independent auditor’s opinion and it can significantly create a relationship between audit firm size and IAO and their qualities. Indeed, the link of audit firm size on IAO without HC was found to be insignificant. Furthermore, it contributed to understand that the HC of large audit firm is greater than other audit firms and the audit reports of these kinds of firms possess good quality because of positive association amid firm size and quality of auditors.

La dimension régionale du vote économique canadien aux élections fédérales de 1988 à 2000

2002 ◽  
Vol 35 (3) ◽  
pp. 567-588 ◽  
Author(s):  
Jean-François Godbout ◽  
Éric Bélanger
Keyword(s):  
Party System ◽  
Economic Voting ◽  
Potential Effect ◽  
Structural Factors ◽  
Mediating Role ◽  
Electoral Behaviour ◽  
The One ◽  
Election Studies ◽  
The Relationship

Recent works on economic voting have shown that the economy's impact on electoral behaviour could sometimes be mediated by differences in political conditions. This article specifies and tests the mediating role of one such factor, namely regionalism, on economic voting in Canada. The potential effect of two structural factors is tested: the regional configuration of the federal party system (clarity of available alternatives), and the regional structure of the economy. The data used come from the last four Canadian Election Studies (1988 to 2000). The results show that economic voting slightly differs among regions according to the presence or not of strong regional political parties, Quebec being the region where the relationship between the economy and the vote is the weakest. Even more significant differences in economic voting behaviour can be observed between ''have'' and ''have not'' regions, the shape of economic voting in the Atlantic provinces being distinct from the one in Ontario and the West.

scholarly journals A Regional Approach to Rural Development? Regional and Rural Programmes in Poland 2007–2015

2018 ◽  
pp. 181-198
Author(s):  
Paweł Chmieliński ◽  
Marcin Gospodarowicz
Keyword(s):  
Rural Development ◽  
Policy Design ◽  
Pearson Correlation ◽  
Policy Instruments ◽  
Structural Factors ◽  
Demographic Development ◽  
Capita Expenditure ◽  
Size Population ◽  
The Relationship

We explore the role of structural factors (i.e. place-based characteristics) in shaping EU policy. Our analysis covered the real expenditure of funds for individual priority axes in the programmes of both policies in the 2007-2015 period (according to N+2 rule) and the change in socio-economic features at the local (powiat, NUTS4) level. The Pearson correlation coefficient was used to assess the relationship between the level of per capita expenditure on RDP (rural development programmes) and ROP (regional operational programmes) and selected indicators describing the level of economic, social and demographic development of local government units. We show that in 2007-2013 rural and regional policy instruments were complementary, but also strongly related to the characteristics of the region (such as size, population, farmland) and therefore require greater adaptation to development opportunities and limitations. We suggest that there should be a more a place-based approach in future rural policy design and implementation.

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