View : 144 Download: 0

Interorganizational information sharing in the airline industry: An analysis of stock market responses to code-sharing agreements

Title
Interorganizational information sharing in the airline industry: An analysis of stock market responses to code-sharing agreements
Authors
Song Y.I.Woo W.Rao H.R.
Ewha Authors
우원석
SCOPUS Author ID
우원석scopus
Issue Date
2007
Journal Title
Information Systems Frontiers
ISSN
1387-3326JCR Link
Citation
vol. 9, no. 41308, pp. 309 - 324
Indexed
SCIE; SCOPUS WOS scopus
Abstract
This paper addresses the issue of inter-organizational information sharing alliances and their impacts on firm values from the perspective of inter-organizational coordination between partners in the airline industry setting. We investigate the shareholder wealth effects of inter-organizational information-sharing alliance arrangements, using 131 code-sharing agreements in the airline industry during 1984-1997. Employing event study methodology we found that the information sharing alliances between similar partners did create positive value in terms of stock returns at the time of alliance announcements to major US airlines. However, alliances between dissimilar partners resulted in significant losses of shareholder value to the major airlines. These results strongly support our main hypotheses that information-sharing alliances are successful and the benefits of such alliances are realized only when the coordination difficulties can be effectively dealt with. © Springer Science+Business Media, LLC 2007.
DOI
10.1007/s10796-007-9026-7
Appears in Collections:
스크랜튼대학 > 국제학부 > Journal papers
Files in This Item:
There are no files associated with this item.
Export
RIS (EndNote)
XLS (Excel)
XML


qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

BROWSE