The phrase 'effects on firms' is correct and usable in written English.
You can use it when referring to the effects of a particular action, event, or policy on a business or other organization. For example, "The changes to the tax policy had significant effects on firms."
Second, the different types of shock should have different effects on firms.
Because banks and brokerage firms typically offset the potential risk in their sizable holdings in mortgages or corporate bonds by selling government bonds they do not own, a process known as selling short, the move had punishing effects on firms' positions up and down Wall Street.
Recent research on social networking sites (SNSs) has widely explored the phenomenon and its positive effects on firms.
To date, however, little is known in a systematic and comparative way about national culture and its effects on firms' corporate sustainability activities in Asian context.
Both corporate and technological diversification have positive effects on firms' propensity to engage in exploration, while technological distance has a negative nonlinear one.
Yet, even in the absence of direct information on these variables, the results reported in this paper shed some light on how excessively dual EPL in two-tier labour markets may have detrimental effects on firms' productivity.
Overall, the findings reveal that IEC plays an important role in strategy formulation and strategy implementation, although it does not directly effect on firm performance.
The study's authors acknowledged this, stating that "presumably these shareholders either reinvested these funds or used them for consumption, thereby having indirect effects on firm investment, employment or spending".
Innovation effects on firm performance vary from innovation type (Gunday et al. 2011), whether it is a product, process, organizational, or marketing innovation.
Therefore, there is need for a theoretical framework to systematize the vast network-related literature and make sense of network effects on firm performance.
Although network theory provides a valid theoretical foundation, the mechanisms behind network effects on firm performance are complex to understand and prevailing research provides only limited insights.
