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http://hdl.handle.net/10397/89937
| Title: | Should firms invest in social commerce? An integrative perspective | Authors: | Lam, HKS Yeung, ACL Lo, CKY Cheng, TCE |
Issue Date: | Dec-2019 | Source: | Information and management, Dec. 2019, v. 56, no. 8, 103164 | Abstract: | Integrating resource-based view and opportunity–motivation–ability framework, we theorize that social commerce represents firms’ opportunity to access valuable social media resources and gain a competitive advantage. We further argue that product uncertainty and firm reputation indicate firms’ motivation and ability, respectively, to use the social media resources, affecting the extent to which the competitive advantage can be realized. An event study of 275 social commerce initiatives announced between 2006 and 2011 supports our arguments, showing that social commerce increases firms’ stock returns, but such increases are more significant for firms selling products with high uncertainty and having high reputation. | Keywords: | Event study Opportunity–motivation–ability framework Resource-based view Social commerce Stock return |
Publisher: | Elsevier | Journal: | Information and management | ISSN: | 0378-7206 | EISSN: | 1872-7530 | DOI: | 10.1016/j.im.2019.04.007 | Rights: | © 2019 Elsevier B.V. All rights reserved. © 2019. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/. The following publication Lam, H. K. S., Yeung, A. C. L., Lo, C. K. Y., & Cheng, T. C. E. (2019). Should firms invest in social commerce? An integrative perspective. Information & Management, 56(8), 103164 is available at https://dx.doi.org/10.1016/j.im.2019.04.007. |
| Appears in Collections: | Journal/Magazine Article |
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| Lam_Firms_Invest_Social.pdf | Pre-Published version | 1.05 MB | Adobe PDF | View/Open |
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