Competitive advantage, Hollywood style
Article Abstract:
Miller and Shamsie (1996) examined sustainable competitive advantage in the US motion picture industry. They hypothesized that a film studio's financial performance was affected by its ownership of resources that could not be duplicated or imitated by the competition. Their findings indicated that property-based resources, such as exclusive contracts, patents or prime locations, contributed to financial performance during the stable periods (1936-50). They found that knowledge-based resources, such as technical, creative or collaborative skills, had positive financial impact during the unstable period (1951-65)
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 1997
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Municipal audit fee determinants
Article Abstract:
Previous audit fee research looked at the audit market in the private sector. This earlier research is extended here to develop an audit fee model for municipalities. Many of the model's determinants stem from or are extensions of those used in private sector fee models. Empirical examinations employing regression analysis suggest that a substantial part of the variance in municipal audit fees is explicated in the model. An adaptation of Simunic's 1980 work for analyzing private sector audit markets results in statistics suggesting that the municipal audit market is competitive.
Publication Name: Accounting Review
Subject: Business, general
ISSN: 0001-4826
Year: 1988
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