IDEAS home Printed from https://ideas.repec.org/a/inm/ormksc/v9y1990i1p74-85.html
   My bibliography  Save this article

Unobservable Effects and Business Performance

Author

Listed:
  • Robert Jacobson

    (University of Washington)

Abstract

While “unobservable” factors such as corporate culture, access to scarce resources, management skill, and luck can be postulated to be principal determinants of business success, their effects are all but ignored in studies of business performance. This study, making use of the PIMS data base, reports empirical evidence indicating that failure to control for unobservable factors influencing profitability both biases and exaggerates the effect of strategic factors. Indeed, the influence of unobservable factors is so pervasive as to invalidate many of the conclusions drawn from studies failing to control for their effects.

Suggested Citation

  • Robert Jacobson, 1990. "Unobservable Effects and Business Performance," Marketing Science, INFORMS, vol. 9(1), pages 74-85.
  • Handle: RePEc:inm:ormksc:v:9:y:1990:i:1:p:74-85
    DOI: 10.1287/mksc.9.1.74
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/mksc.9.1.74
    Download Restriction: no

    File URL: https://libkey.io/10.1287/mksc.9.1.74?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormksc:v:9:y:1990:i:1:p:74-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.