The effect of firm size on firm performance in the US lodging industry : the moderating role of board diversity

2019 ◽  
Vol 28 (6) ◽  
pp. 127-143
Author(s):  
Yu-Na Yoon ◽  
Kyung-Ho Kang
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Lodging Industry ◽  
Board Diversity ◽  
The Us ◽  
Moderating Role

The moderating effect of CEO duality on the relationship between geographic diversification and firm performance in the US lodging industry

2019 ◽  
Vol 31 (3) ◽  
pp. 1488-1504 ◽  
Author(s):  
Hyoung Ju Song ◽  
Kyung Ho Kang
Keyword(s):  
Firm Performance ◽  
Random Effects ◽  
Moderating Effect ◽  
Lodging Industry ◽  
Geographic Diversification ◽  
Ceo Duality ◽  
Content Type ◽  
The Us ◽  
Moderating Role

Purpose The purpose of this study is to investigate the moderating role of CEO duality on the geographic diversification–firm performance relationship in the US lodging industry. Design/methodology/approach To examine the individual effect of geographic diversification and the moderating effect of CEO duality, this study adopts random effects regression. Additionally, to appropriately address the endogeneity issue, this study uses random effects regression with the instrumental variable method. The sample period spans 1990-2015 and 258 firm-year observations are included. Findings This study finds that geographic diversification has a positive and significant effect on firm performance. Also, the result shows a positive and significant moderating role of CEO duality, which implies that the magnitude of the impact of geographic diversification on firm performance is significantly greater when CEO duality exists. Research limitations/implications Although it has a limitation of applying the results of this study to privately held lodging firms in other countries, US public lodging firms are encouraged to consider a corporate governance structure incorporating CEO duality to maximize the effect of geographic diversification on firm performance. Originality/value This study contributes to the hospitality literature by providing a unique dimension that the influence of geographic diversification is contingent on the adoption of CEO duality. And, the results of this study provide practical guidelines for the lodging firms’ implementation of geographic diversification.

scholarly journals The Relationship Between CEO Duality and Business Firms’ Performance: The Moderating Role of Firm Size and Corporate Social Responsibility

2021 ◽  
Vol 12 ◽  
Author(s):  
Riaqa Mubeen ◽  
Dongping Han ◽  
Jaffar Abbas ◽  
Susana Álvarez-Otero ◽  
Muhammad Safdar Sial
Keyword(s):  
Corporate Social Responsibility ◽  
Firm Performance ◽  
Firm Size ◽  
Moderating Effects ◽  
Ceo Duality ◽  
Chinese Business ◽  
Corporate Social ◽  
The Relationship ◽  
Moderating Role

This study focuses on exploring the relationship between chief executive officer (CEO) duality and firm performance. We focus on how the size and corporate social responsibility (CSR) of firms moderate this relationship. In terms of size, business organizations are of two types: small and large firms. This study uses datasets of listed Chinese business firms included in the China Stock Market and Accounting Research database. It employs a generalized method of moment’s technique to explore the connection between CEO duality and the performance of Chinese business firms through double mediation effects. Our empirical analysis showed that CEO duality has a significant negative relationship with firm performance. We also explored the moderating effects of firm size (small and large) and CSR practices on the relationship between CEO duality and improved performance of Chinese firms. Large firms and CSR practices showed significant and positive moderating effects on the relationship between CEO duality and firm performance. Conversely, with CEO duality, small firms showed a negative moderating influence on firm performance. This inclusive model provides valuable insights into how the dual role of the CEO of a firm affected the performance of Chinese firms through the moderating role of CSR practices and firm size for better business performance. The study offers empirical and theoretical contributions to the corporate governance literature. This research framework might help researchers in designing robust strategies to evaluate the effects on firm performance. Researchers may gain helpful insights using this methodology.

scholarly journals Exponential Organizations Hypergrowth Strategies and Firm Performance: The Moderating Role of Firm Size and Marketing Spending

2021 ◽  
Vol 5 (7) ◽  
pp. 112-121
Author(s):  
Hamza Tubaishat* ◽  
◽  
Refaat Faouri ◽  
Hussam Alshammari ◽  
◽  
...  
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Business Models ◽  
International Markets ◽  
Time Period ◽  
Fixed Assets ◽  
Marketing Spending ◽  
The Impact ◽  
Moderating Role

With the increasing concerns of hypergrowth in order to compete in the international markets and survive, this study aids all firms in various industries, entrepreneurs and decision makers and draw their attention to business models and hypergrowth strategies that are applied by the fast-growing firms in the world. This study investigates the impact of hypergrowth strategy- leveraging assets that developed by Salim, (2014) and firm performance in exponential organizations; The sample size tested constituted of (34) exponential organizations form the fortune 500 and multiple regressions via Stata version 15 was applied for the time period of (2016-2019). Preliminary analysis was conducted to check the assumptions related to the regression models which include unit root, autocorrelation, residuals normality and heteroskedasticity issues. The results showed significant positive relationships between Growth in Fixed Assets (leveraging Assets strategy) and firm performance measured by ROA and ROE whereas, the moderating role of marketing spending and firm size showed insignificant impact in the relationship.

scholarly journals Exponential Organizations Hypergrowth Strategies And Firm Performance: The Moderating Role of Firm Size And Marketing Spending

2021 ◽  
Vol 5 (7) ◽  
pp. 112-121
Author(s):  
Hamza Tubaishat ◽  
Refaat Faouri ◽  
Hussam Alshammar
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Business Models ◽  
International Markets ◽  
Time Period ◽  
Fixed Assets ◽  
Marketing Spending ◽  
The Impact ◽  
Moderating Role

With the increasing concerns of hypergrowth in order to compete in the international markets and survive, this study aids all firms in various industries, entrepreneurs and decision makers and draw their attention to business models and hypergrowth strategies that are applied by the fast-growing firms in the world. This study investigates the impact of hypergrowth strategy- leveraging assets that developed by Salim, (2014) and firm performance in exponential organizations; The sample size tested constituted of (34) exponential organizations form the fortune 500 and multiple regressions via Stata version 15 was applied for the time period of (2016-2019). Preliminary analysis was conducted to check the assumptions related to the regression models which include unit root, autocorrelation, residuals normality and heteroskedasticity issues. The results showed significant positive relationships between Growth in Fixed Assets (leveraging Assets strategy) and firm performance measured by ROA and ROE whereas, the moderating role of marketing spending and firm size showed insignificant impact in the relationship.

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