Review paper
Anomalous Operating Performance During Economic Slowdowns
Volume: 32, Issue: 2, Pages: 57 - 83
Published: Sep 1, 2019
Abstract
Operating performance is an important and widely used measure for evaluating firms. This paper documents that, contrary to the common belief, firms experiencing sales declines during economic slowdowns exhibit higher operating margins than firms experiencing sales declines during normal periods. This anomalous behavior results from (1) a decrease in costs of goods sold overall during economic slowdowns and (2) an additional reduction in SG&A...
Paper Details
Title
Anomalous Operating Performance During Economic Slowdowns
Published Date
Sep 1, 2019
Volume
32
Issue
2
Pages
57 - 83
Citation AnalysisPro
You’ll need to upgrade your plan to Pro
Looking to understand the true influence of a researcher’s work across journals & affiliations?
- Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
- Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.
Notes
History