Ex-post Performance Implications of Divergence of Managers’ Perceptions of ‘Distance’ From ‘Reality’ in International Business

Despite much research on “distance”, little attention has been paid to the effect of divergence of managers’ perceptions of distance from reality (i.e. distance divergence) and its implications for firm performance. This knowledge is highly important since managerial perceptions of the firm’s environment do not always coincide with the actual environmental characteristics. Consequently, strategies based on inaccurate data may result in erroneous forecasts, missed opportunities and business failure. Using survey data from senior managers of Swedish exporters and corresponding objective data, this study is a first attempt to explore the ex-post performance implications of “distance divergence” when expanding into foreign markets. Our results demonstrate that the larger the divergence between managers’ perceptions of cultural distance and corresponding “objective” distance, the lower the performance expressed in companies’ sales. However, over/underestimation of cultural distance does not have differential effects on firm performance.“Stiftelsen Olle Hakelius Stipendiefond”, Grant no: 1165001

Search for the rare decay B-0 ->tau(+)tau(-) at BABAR

We present the results of a search for the decay B-0 ->tau(+)tau(-) in a data sample of (232 +/- 3)x10(6) Upsilon(4S)-> BB decays using the BABAR detector. Certain extensions of the standard model predict measurable levels of this otherwise rare decay. We reconstruct fully one neutral B meson and seek evidence for the signal decay in the rest of the event. We find no evidence for signal events and obtain B(B-0 ->tau(+)tau(-))< 4.1x10(-3) at the 90% confidence level

Measurement of the D+->pi(+) pi(0) and D+-> K+ pi(0) branching fractions

Contains fulltext : 128229.pdf (publisher's version ) (Open Access

Search for B meson decays to eta(')eta K-'

Contains fulltext : 128253.pdf (publisher's version ) (Open Access

Search for the decay B+ -> tau(+)nu(tau)

Contains fulltext : 128262.pdf (publisher's version ) (Open Access