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http://hdl.handle.net/10397/94415
Title: | Organizational ability and performance in U.S. legal services firms | Authors: | Banker, RD Frost, TS Tripathi, MK Whang, E |
Issue Date: | 22-Jun-2022 | Source: | Data envelopment analysis journal, 22 June 2021, v. 5, no. 1, p. 83-113 | Abstract: | We quantify organizational ability for U.S. legal services firms using the two-stage data envelopment analysis (DEA) method of Demerjian et al. (2013). In the first stage, we estimate the DEA-based, technical efficiency of legal services firms following the production frontier approach. In the second stage, we measure organizational ability as the residual from the DEA + OLS model after controlling for efficiency determinants. We validate the measure by showing the persistence of organizational ability and the predictability of firms' future financial performance. Furthermore, we contribute to the literature examining professional service firms and organizational ability by identifying the determinants of ability through different classes of human resources and experience. | Keywords: | U.S. professional (legal) services DEA efficiency Organizational ability American Lawyer (AM LAW) Top 100 Performance Strategic choices Human resources Experience |
Publisher: | Now Publishers Inc. | Journal: | Data envelopment analysis journal | ISSN: | 2161-1823 | EISSN: | 2161-1815 | DOI: | 10.1561/103.00000032 | Rights: | © 2021 R. D. Banker et al. The final publication is available from now publishers via http://dx.doi.org/10.1561/103.00000032. |
Appears in Collections: | Journal/Magazine Article |
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File | Description | Size | Format | |
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Frost_Organizational_Ability_Performance.pdf | Pre-Published version | 863.11 kB | Adobe PDF | View/Open |
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