Browsing by Author "Fen-May Liou"

Now showing 1 - 2 of 2

Latent trajectories of competitive heterogeneity: Bridging the gap in theories between persistent performance and value creation
(交通大學, 2016-06-01)
Fen-May Liou
;
Yuan-Hui Tsai
The paper aims to connect the theories of persistent performance and value creation for identifying long-term superior performers. The performance trajectories of firms are quantified using binary, annual series of seven financial indicators representing different capabilities of resource employment. We applied Latent Class Growth Analysis to the US computer-based services industry from 2000-2012, and identify two or three heterogeneous performance groups for each financial indicator. The results support the notion that outsiders can identify winners by their performance trajectories even if they are not privy to within-firm strategies or their sources. We also find that winners identified by this method are likely to continue to effectively manage resources and enhance value creation over the long term.
Trade-off or complement? Choices along ambidextrous paths from resource allocation through performance
(交通大學, 2018-12-31)
Fen-May Liou
為因應變動的產業環境，經理人必須先進行主觀的目標選擇，再以此為基準，分配其有限資源，藉以建構及累積其探索與開發之能量，從而得以達成其長短期績效目標。本研究蒐集Compustat北美資料庫中電腦相關服務業之資料，進行檢定之結果支持資源配置透過探索與開發能力影響績效之假說。本研究實驗結果亦顯示，探索能力與開發能力對資源配置轉換長期與短期績效之過程，同時存在抵換效果與互補效果，雙元能力即為經理人之管理的一個循環的動態過程，以重構探索—開發混合能力的為核心，在長、短期績效目標及資源配置間不斷的重複進行決策。