Plural sourcing and performance : the financial effects of implementing the asset-light strategy

Bianchi, Guiliano (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland) ; Blal, Ines (Ecole hôtelière de Lausanne, HES-SO // University of Applied Sciences Western Switzerland)

In this study, we test the impact of the implementation of the asset - light strategy on performance. Our focus is on the effect of this new structural design, or plural sourcing. We use a panel data design on a sample of four leading U.S lodging corporations over a 16 - year period (i.e. 1998 - 2013). Our results show that the implementation of asset - light strategy has no significant impa ct on firm value , ROE, and sales. Our findings also indicate that the effects of implementing and asset - light strat egy are negative on performance (EBITDA). Our research confirms the short - term nature of the effe cts of the asset - light strategy.


Mots-clés:
Type de conférence:
full paper
Faculté:
Economie et Services
Ecole:
EHL
Classification:
Economie/gestion
Adresse bibliogr.:
Orlando, USA, 29-31 July 2015
Date:
Orlando, USA
29-31 July 2015
2015
Pagination:
11 p.
Publié dans
Proceedings of the I-CHRIE conference 2015
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Note: The status of this file is: restricted


 Notice créée le 2015-10-23, modifiée le 2018-12-05

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