Sentence examples for of firm quality from inspiring English sources

Consistent with our hypothesis that Nobel laureates play an important role as a non-financial signal of firm quality, we find that first-window firms with a Nobel laureate affiliate realize greater IPO proceeds in the amount of $24 million.

For those that did, we hypothesize that patents conferred competitive advantages that translate into higher probability of survival, though they may also simply be a signal of firm quality.

Moreover, and building on the work of Podolny and Scott Morton (1999) and Stuart et al. (1999) we hypothesize that the importance of status diminishes as other measures of firm quality become available.

The paper builds on the literature of the sociology of science as well as the work of Spence (1974) and Podolny (1993) and argues that the presence of a Nobel laureate affiliated with a firm making an IPO provides a signal of firm quality to potential investors.

These results defy signaling theory, which suggests that concentrated ownership signals issuers' assessments of firm quality and generates underpricing.

If the magnitude of the estimates (alpha _{1}) and (alpha _{2}) are not altered by the inclusion of the exhaustive set of firm quality indicators (theta _{f}) one can establish that (Exp,mathrm{real}_{i,95-97} _{i,95-97}mandrm{rExp} _{i,mathrm{real HPRICE_{i,2008}) are indeed orthogonal to the solvency of the borrowers.

This finding is consistent with the signaling literature that argues that the importance of a signal is inversely related to the availability of cogent information on firm quality.

By tracking the time of firms' quality management certifications over 15 years (from 2000 to 2014) and using objective accounting and financial data from stock listed firms in China, we provide first empirical evidence on the institutionalization of quality standards in the country based on longitudinal analysis of objective data (including sales performance and cost-efficiency).

This finding is important as it indicates that the common practice of including lists of deficiencies in firm-specific statutory inspection reports can lead to misperceptions of audit firm quality.

This is because the original purpose of quality standards such as ISO 9000 was to promote international trades, enhance sales performance of firms, reduce quality issues and make firms more cost efficient.

In our study, we investigate whether the IRS uses public information to obtain qualitative signals about the integrity of management or of firms' information quality that could help the IRS assess firms' tax filings.