The Location Advantages and Persistence of the Performance of the Taiwan Logistic Company: A Case Study
Journal Title: International Journal of Business and Management Invention - Year 2017, Vol 6, Issue 9
Abstract
This study empirically analyzes the persistence of the performance on the Taiwanese logistic company. It is the first study to address the hot hand effect on the performance of logistic stations. Generally, the well-performed stations (Winner) will still have a better performance in the following time interval; the poor-performed stations (Loser) will stay in the worst group. Moreover, we find there is a strong evidence of location advantage for the business stations which supports the discussion of Hernández and Pedersen (2017). It reveals that a non-metropolitan stations is well-performed than the metropolitan station. Either to increase the number of cargo or to decrease the number of workers will promote the performance of the company. Our empirical results can also be extended to the logistic companies in the emerging markets and transition economies. Policymakers can provide some incentives to make the logistics industry more vigorous development and create economic prosperity.
Authors and Affiliations
Hsiao, Chiu-Ming 1, Lai, Gin-Yi 2
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