Dot-bomb Post-mortem: Web-based metrics and internet stock prices

A few of years have passed since the so-called dot-com crash and researchers are now conducting post-mortem reviews of the valuation debacle. At the time, there was widespread agreement within the analyst community that the value of a Website was inherently related to the number of potential customers who came to the site for information and eventually purchased a product or executed a service. As a follow-up to this mode of thinking, we consider the relationship between stock prices and Web metrics in addition to traditional accounting information for a sample of 15 top Internet companies. Specifically, we develop various regression models with the following four variables: unique visitors, revenues, gross margin, and sales and marketing expenses. Our results support the hypothesis that Web metrics did as equally good a job at explaining Internet stock prices as traditional accounting measures did. It seems that as stock price valuations for these companies increased, analysts required new metrics to justify their astronomical valuations and veered away from generally accepted accounting principles

healthcare organisation

Longitudinal knowledge strategising in a long-ter

Causal model of

The current issue and full text archive of this journal is available at www.emeraldinsight.com/1469-1930.htm A causal model of human capital antecedents and consequents in the financial services industr

A Model of User Adaption of Mobile Portals

The purpose of the study is to present a conceptual model of user adoption of mobile portals. This model identifies factors which may potentially influence an individual's decision whether to start or continue utilizing wireless portals. The major distinction of the proposed model from those of prior MIS technology adoption projects is that it includes not only widely employed MIS constructs but also the perceived value construct of a mobile portal. This construct is adapted from the marketing literature. It reflects the perceived level of a wireless service quality relative to the airtime cost. The rationale for the introduction of perceived value in terms of an individual's direct financial expenses lies in the unique nature of mobile communication devices usage. The proposed model also identifies two individual-specific antecedents and five portal-specific antecedents of those key constructs because they may potentially explicate the variance of users' perceptions of portal experiences. In addition, the paper presents a survey of real-life users of mobile portals, designs a questionnaire, and selects appropriate data analysis techniques

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390 Int. J. Business Governance and Ethics, Vol. 4, No. 4, 2009 A citation-based ranking of the business ethics scholarly journal

A MODEL OF USER ADOPTION OF MOBILE PORTALS

The purpose of the study is to present a conceptual model of user adoption of mobile portals. This model identifies factors that may potentially influence an individual’s decision whether to start or continue utilizing wireless portals. The major distinction of the proposed model from those of prior MIS technology adoption projects is that it includes not only widely employed MIS constructs but also the perceived value construct of a mobile portal. This construct is adapted from the marketing literature. It reflects the perceived level of a wireless service quality relative to the airtime cost. The rationale for the introduction of perceived value in terms of an individual’s direct financial expenses lies in the unique nature of mobile communication device usage. The proposed model also identifies two individual-specific antecedents and five portal-specific antecedents of those key constructs because they may potentially explicate the variance of users ’ perceptions of portal experiences. In addition, the paper presents a survey of real-life users of mobile portals, designs a questionnaire, and selects appropriate data-analysis techniques