Profit efficiency as a measure of performance and frontier models: a resource-based view

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 a...

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Detalles Bibliográficos
Autores: Arbelo Pérez, Marta, Arbelo Álvarez, Antonio Manuel, Pérez Gómez, María del Pilar
Tipo de recurso: artículo
Fecha de publicación:2021
País:España
Institución:Universidad de La Laguna (ULL)
Repositorio:RIULL. Repositorio Institucional de la Universidad de La Laguna
OAI Identifier:oai:riull.ull.es:915/38739
Acceso en línea:http://riull.ull.es/xmlui/handle/915/38739
Access Level:acceso abierto
Palabra clave:profit efficiency
performance measurement
corporate reputation
stochastic frontier methodology
resource-based view
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spelling Profit efficiency as a measure of performance and frontier models: a resource-based viewArbelo Pérez, MartaArbelo Álvarez, Antonio ManuelPérez Gómez, María del Pilarprofit efficiencyperformance measurementcorporate reputationstochastic frontier methodologyresource-based viewAlthough 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.Dirección de Empresas e Historia EconómicaGrupo de investigación: Eficiencia y ventaja competitiva. Instituto de investigación: Instituto Universitario de la Empresa (IUDE).202420242021info:eu-repo/semantics/articleapplication/pdfhttp://riull.ull.es/xmlui/handle/915/38739reponame:RIULL. Repositorio Institucional de la Universidad de La Lagunainstname:Universidad de La Laguna (ULL)InglésBRQ Business Research Quarterly 24 (2)Licencia Creative Commons (Reconocimiento-No comercial-Sin obras derivadas 4.0 Internacional)info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-nd/4.0/deed.es_ESoai:riull.ull.es:915/387392026-06-22T13:13:57Z
dc.title.none.fl_str_mv Profit efficiency as a measure of performance and frontier models: a resource-based view
title Profit efficiency as a measure of performance and frontier models: a resource-based view
spellingShingle Profit efficiency as a measure of performance and frontier models: a resource-based view
Arbelo Pérez, Marta
profit efficiency
performance measurement
corporate reputation
stochastic frontier methodology
resource-based view
title_short Profit efficiency as a measure of performance and frontier models: a resource-based view
title_full Profit efficiency as a measure of performance and frontier models: a resource-based view
title_fullStr Profit efficiency as a measure of performance and frontier models: a resource-based view
title_full_unstemmed Profit efficiency as a measure of performance and frontier models: a resource-based view
title_sort Profit efficiency as a measure of performance and frontier models: a resource-based view
dc.creator.none.fl_str_mv Arbelo Pérez, Marta
Arbelo Álvarez, Antonio Manuel
Pérez Gómez, María del Pilar
author Arbelo Pérez, Marta
author_facet Arbelo Pérez, Marta
Arbelo Álvarez, Antonio Manuel
Pérez Gómez, María del Pilar
author_role author
author2 Arbelo Álvarez, Antonio Manuel
Pérez Gómez, María del Pilar
author2_role author
author
dc.contributor.none.fl_str_mv Dirección de Empresas e Historia Económica
Grupo de investigación: Eficiencia y ventaja competitiva. Instituto de investigación: Instituto Universitario de la Empresa (IUDE).
dc.subject.none.fl_str_mv profit efficiency
performance measurement
corporate reputation
stochastic frontier methodology
resource-based view
topic profit efficiency
performance measurement
corporate reputation
stochastic frontier methodology
resource-based view
description 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.
publishDate 2021
dc.date.none.fl_str_mv 2021
2024
2024
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://riull.ull.es/xmlui/handle/915/38739
url http://riull.ull.es/xmlui/handle/915/38739
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv BRQ Business Research Quarterly 24 (2)
dc.rights.none.fl_str_mv Licencia Creative Commons (Reconocimiento-No comercial-Sin obras derivadas 4.0 Internacional)
info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-nd/4.0/deed.es_ES
rights_invalid_str_mv Licencia Creative Commons (Reconocimiento-No comercial-Sin obras derivadas 4.0 Internacional)
https://creativecommons.org/licenses/by-nc-nd/4.0/deed.es_ES
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:RIULL. Repositorio Institucional de la Universidad de La Laguna
instname:Universidad de La Laguna (ULL)
instname_str Universidad de La Laguna (ULL)
reponame_str RIULL. Repositorio Institucional de la Universidad de La Laguna
collection RIULL. Repositorio Institucional de la Universidad de La Laguna
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,812429

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