Does corporate growth really matter in the restaurant industry? [Summary]

dc.contributor.authorChathoth, Prakash K.en
dc.contributor.authorOlsen, Michael D.en
dc.date.accessioned2018-10-25T20:57:12Zen
dc.date.available2018-10-25T20:57:12Zen
dc.date.issued2007-03en
dc.description.abstractIn this study, the authors hypothesize that growth strategies are not necessarily always performance-enhancing strategies that are sustainable. This is contrary to what industry managers tend to believe to be the outcome of growth strategies. Based on past research, a second hypothesis is developed that corporate liquidity impacts performance in a more positive way than growth strategies, and therefore, should be considered in the decision-making framework of firms before they launch into new products and/or markets. The interrelationship between corporate growth and liquidity is also tested, which further highlights the importance of pursuing corporate liquidity.en
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttp://hdl.handle.net/10919/85516en
dc.language.isoen_USen
dc.publisherVirginia Techen
dc.rightsCreative Commons Attribution 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.subjectCorporate strategiesen
dc.subjectGrowthen
dc.subjectLiquidityen
dc.subjectFirm performanceen
dc.subjectFree cash flow per shareen
dc.subjectReturn on equityen
dc.subjectRestaurant industryen
dc.titleDoes corporate growth really matter in the restaurant industry? [Summary]en
dc.title.serialInternational Journal of Hospitality Managementen
dc.typeSummaryen
dc.type.dcmitypeTexten

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