publication . Article . 2002

Firm Value Determinants Model

Jae K. Lee; Heegoo Kang; Hoe K. Lee; Han S. Lee;
Open Access
  • Published: 01 Jan 2002 Journal: Journal of Global Information Management (JGIM), volume 10, issue 3 July, pages 15-35
Abstract
We have studied the evolutionary stages of pure e-tailers, click & mortar (C&M) and brick & mortar (B&M) retailers for three points of time: June 1999, June 2000, and June 2001. To evaluate the dynamic stages of e-tailing business as an innovative venture, we propose four stages: exploration, breakeven, growth, and maturity. The stages are measured by the impact of revenue and income on the firm value, and a regression model is adopted to formulate the model. To empirically examine the stages of e-tailers and retailers, we have collected 14 e-tailers, 112 C&M, and 75 B&M from the U.S. stock markets. According to this study, the proposed stage model explains the ...
Subjects
free text keywords: Management Science and Operations Research, Strategy and Management, Business and International Management, Information Systems and Management, Computer Science Applications, Enterprise value, Stage theory, Market capitalization, Stock price, Regression analysis, Economics, Bricks and clicks, Revenue, E-commerce, business.industry, business, Marketing
Related Organizations
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Article . 2002

Firm Value Determinants Model

Jae K. Lee; Heegoo Kang; Hoe K. Lee; Han S. Lee;