BNET Business Dictionary
Business Definition for: Firm
- a partnership business. A firm is strictly the name for a business run by partners, but it is often used more generally as a synonym for a company, or organization.
Wiktionary Definition for: Firm
- steadfast, secure (in position)
- fixed (in opinion)
- solid, rigid (material state)
- Make firm or strong; fix securely.
- Make compact or resistant to pressure; solidify.
- Become firm; stabilise.
- Improve after decline.
- ''Aust.'' To shorten (of betting odds).
- A business partnership, the name under which it trades.
- #''Slang'' A criminal gang
Additional Resources
- Should I Hire a PR Firm or Go In-House?
- Many companies (start-ups in particular) are confronted with the decision of whether to hire an outside PR firm, or to lead their PR efforts internally. These are the associated pros / cons as I see them:In-House PR Pros ... Lower cost than PR firm - A decent PR firm will...
- Blog posts 2007-07-23
- Investors' Base and Firm's Value
- This paper explains the relationship between the investors' base of a firm and the value of the firm. Empirical studies on this topic show that "An increase in the relative size of the firm's Investor base will reduce the firm's cost of capital and increases the market value of the...
- White papers 2004-11-05
- Does The Leader Make A Difference? Relationship Between Executive Leader Personality And Entrepreneurial Firm Performance
- The purpose of this study was to expand research on personality and leadership by investigating the relationship between executive leader personality and firm performance. Drawing from research on the five-factor model of personality the Big Five, executive leader emotional adjustment low neuroticism and conscientiousness were hypothesized to be positively related...
- White papers 1999-01-01
- This Just In.(Plante & Moran to buy Nashville turnaround firm, AFME Inc.)(University of Michigan and the Michigan Federation of Teachers and School Related Personnel Local reach agreement)(Detroit law firm Bodman, Longley & Dahling L.L.P. changes
- Plante & Moran to buy Nashville turnaround firm Southfield-based accounting firm Plante & Moran P.L.L.C. intends to acquire a Nashville-based manufacturing turnaround firm this month. Leslie Murphy, Plante & Moran's managing partner Plante & Moran to buy Nashville turnaround firm...
- Research articles 2004-05-31
- Advancing Strategic Coherence: How To Sort Out The Firm's Value Position
- From the executive summary: ‘Increasing competition has caused more and more U.S. law firms to focus on their desired strategic position. This effort requires a firm to think clearly about its current and desired value positions as a key element of its strategic positioning. Put simply, it is unlikely a...
- White papers 2004-05-01
- Why Theories of Firm Boundaries Need an Evolutionary Process Dimension?
- This paper addresses a process gap in economic theories of firm-boundaries by explaining switching costs during governance change in the case of outsourcing. Three perspectives on firm boundaries are considered: modern property right theory, modern transaction cost theory, and evolutionary theory. The first explains firm boundaries by the optimal allocation...
- White papers 2001-05-16
- Entrepreneurship, Dynamic Capabilities And New Firm Growth
- This paper applies the dynamic capability framework to the study of new firm growth. Using a longitudinal database of 354 firms over their first ten years, we provide an explanation of new firm growth in terms of new product development, R&D, inter-firm alliancing, and exporting, activities that have been identified...
- White papers 2006-12-01
- Enforcement Of Regulation, Informal Labor, Firm Size, And Firm Performance
- This paper investigates how enforcement of labor regulation affects the firm's use of informal labor, firm size and firm performance. Using firm level data on employment, capita, and output, census data on informal employment at the city level, and administrative data on enforcement of regulation at the city level, it...
- White papers 2006-06-13
- How Do Resource Attributes Affect Firm Boundaries?
- The authors have developed a theory of firm boundaries that considers: The asset specificity of the resources that enable an activity; Their firm specificity; and the firm's endowment with these resources. The theoretical framework, which synthesizes and bridges transaction-cost and resource-based perspectives, leads to new predictions about activities that should...
- White papers 2006-04-10
- Enforcement Of Regulation, Informal Labor And Firm Performance
- This paper investigates how enforcement of labor regulation affects the firm's use of informal employment and its impact on firm performance. Using firm level data on informal employment and firm performance, and administrative data on enforcement of regulation at the city level, paper shows that in areas where law enforcement...
- White papers 2005-09-01
- Calfee Halter boosts status with Gateway; selection over Squire Sanders chips armor of top bond firm.
- Calfee Halter boosts status with Gateway Selection over Squire Sanders chips armor of top bond firm Calfee, Halter & Griswold is emerging as a major bond counsel law firm here and in its latest face-off with the No. 1 bond...
- Research articles 1990-07-02
- Law firm files across E. Sixth. (Seeley Savidge & Aussem Co. crosses East Sixth Street to take up residence in Bank One Center)
- Law firm files across E. Sixth A 16-attorney law firm is crossing East Sixth Street to take up residence in Bank One Center. James Aussem, a principal with Seeley Savidge & Aussem Co. LPA, said the law firm has leased 15,200 square feet on...
- Research articles 1991-08-26
- Ex-Moore Stephens Apple exec files suit against firm.(Loree Weiss Connors files suit against Moore Stephens Apple Inc.)(Brief Article)
- A former principal of the Moore Stephens Apple Inc. accounting firm who left to become a name partner in the firm of another Moore Stephens alumnus has filed a lawsuit against her old firm. Loree Weiss Connors is one of two principals who left Moor...
- Research articles 2001-02-26
- Bessemer Venture Partners Announces New General Partners and Launches New York Investment Office; New Partners Strengthen Firm's Focus on E-Business Infrastructure
- Business Editors MENLO PARK, Calif.--BUSINESS WIRE--Feb. 23, 2000 Bessemer Venture Partners, the nation's oldest venture capital firm, today announced that Joanna Strober and Robert P. Goodman have been named General Partners in the firm. Goodman is launching the firm's...
- Research articles 2000-02-23
- The Impact of Shifts In Forecasted Earnings And Systematic Risk On Acquiring Firm Shareholder Wealth In Domestic And International Acuisition
- On average, acquiring firm shareholders experience significant wealth losses in domestic acquisitions, but not in international acquisitions. However, the difference between wealth effects from domestic and international acquisitions is not statistically significant. Acquiring firm unique synergy benefits manifest themselves in larger future expected cash flows but not in reductions in...
- White papers 2000-10-01
- Wealth Destruction On A Massive Scale? A Study Of Acquiring-Firm Returns In The Recent Merger Wave
- Acquiring-firm shareholders lost 12 cents at the announcement of acquisitions for every dollar spent on acquisitions for a total loss of $240 billion from 1998 through 2001, whereas they lost $7 billion in all of the 1980s, or 1.6 cents per dollar spent. Though the announcement losses to acquiring-firm shareholders...
- White papers 2003-08-01
- Whence Competitive Advantage? Resource Based Theory Of The Firm
- Competitive advantage is the measure of a firm's competencies and performance against the factors prevailing in the firm's external environment. The Resource Based Theory of the firm relates the competitive advantage of the firm to its available resources. The resources also determine the factors responsible for making imitation of the...
- Presentations 2003-01-01
- Firm-Specific Characteristics And The Timing Of Foreign Direct Investment Projects
- This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe between 1970 and 1994. Each firm's investment total is divided into a sequence of individual investment decisions, and analyze how firm-specific characteristics affect each decision. The authors found that total factor productivity is...
- White papers 2006-02-01
- Beyond Strategic Alliances: The Impact Of Individual Collaborations On Firm Innovative Performance
- Research in strategic management has illustrated the important role played by formal strategic alliances in inter-firm learning. This paper focuses on the role of individual-level inter-firm collaborations by biotechnology researchers and their impact on the patented innovative output of the firm. It is found that after controlling for other factors,...
- White papers 2007-05-12
- Openness And Productivity: A Model Of Trade And Firm-Owners' Effort
- This paper asks the questions: when countries open up, what are the incentives of firm owners to invest in the productivity of their firms? Why do they wait until the country opens up to do so? Motivated by actions of actual firm owners facing import competition in Portugal, the author...
- White papers 2006-10-23
