Broadening the organizational purpose of a firm beyond narrow short-term profit
maximization may enhance long-term shareholder value. This result obtains when firms …

The article introduces the purpose-driven theory of internal audit, emphasizing its role in
enhancing organizational efficacy and alignment with strategic goals. It critiques the current …

This paper examines how the Internet facilitates the utilization of science in industrial
innovation. I find that the Internet enables firms to discover “hidden gems”-commercializable …

Managers face continuous pressure to meet short-term forecasts and targets, which can
potentially impact firms' investments in customer capital and pricing decisions. Using data on …