Performance forecasts in uncertain environments
Powalla, Christian ;  Bresser, Rudi K. F. ;  ;  Universität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft

Main titlePerformance forecasts in uncertain environments
Subtitleexamining the predictive power of the VRIO-framework
AuthorPowalla, Christian
AuthorBresser, Rudi K. F.
EditorUniversität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft
No. of Pages14 S.
Series ; 2010,22 : Strategic Management
Classification (DDC)650 Management and auxiliary services
AbstractStrategy tools are widely used in the practice of strategic management to yield a good solution
with an acceptable problem-solving effort. This paper presents results of an experimental research
project that assesses the practical effectiveness of a theory-based decision-making tool, the
VRIO-Framework, in predicting the stock-market performance of different companies. The
VRIO’s predictive power is compared to the predictions derived from Analyst Ratings that are a
widespread and commonly used tool in the decision-making context of this study. Our results
suggest that the VRIO-Framework is a particularly effective forecasting tool whereas the power
of Analyst Ratings is disputable. The results also provide support for the practical usefulness of
resource-based theory.
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FU DepartmentDepartment Business and Economics
Other affiliation(s)Lehrstuhl für Strategisches Management
Year of publication2010
Type of documentBook
Terms of use/Rights Nutzungsbedingungen
Created at2010-10-06 : 08:30:34
Last changed2016-01-05 : 02:38:20
Static URLhttp://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000006723