What Actually Happened to the Inventories of American Companies Between 1981 and 2000?

By Hong Chen, Murray Z. Frank, Owen Q. Wu. Management Sciences, 2005

419 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5d589557a83041a5fb84a9a0512668015fe6ec59

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Baolian Wang
2. Mark A. Johnson
3. Jin Zhang
4. Shitao Yang
5. Sachin B. Modi
6. Shilei Yang
7. Vedran Capkun
8. Saurabh Mishra

In Economics and Econometrics

1. Baolian Wang
2. Jin Zhang
3. Shitao Yang
4. Shilei Yang
5. Saurabh Mishra
6. Jun Shan

In Strategy and Management

1. Baolian Wang
2. Mark A. Johnson
3. Ari-Pekka Hameri
4. Sachin B. Modi
5. Vedran Capkun
6. Saurabh Mishra
7. Simon Templar
8. Guangzhi Shang

Citations in the corpus

• On the relationship between inventory and financial performance in manufacturing companies (2009, result): “These results are consistent with and extend those of prior research, in particular that of Chen et al. (2005)”
• The cash conversion cycle spread (2019, background): “Chen, Frank, and Wu (2005) and Alan, Gao, and Gaur (2014) investigate how days inventory outstanding (DIO) predicts future stock returns.”
• The relationships between supply chain and firm performance (2011, background): “In the short term, a high level of inventory has been shown to have no impact on price-to-book ratio but in the long-term abnormally high inventory leads to poor stock market performance ( Chen et al. , 2005”
• An Empirical Study of the Bullwhip Effect in China (2014, methodology): “PPI is a commonly used deflator in related research (see, e.g., Chen et al. 2005, 2007).”
• Is working capital management value-enhancing? Evidence from firm performance and investments (2015, neutral): “The substantial decrease in inventories though time is most commonly attributed to the widespread adoption of Just-in-Time (JIT) inventory system (see, e.g., Chen et al. (2005) and Gao (2014) for a review of the literature devoted to JIT).”
• What drives financial performance–resource efficiency or resource slack?: Evidence from U.S. Based Manufacturing Firms from 1991 to 2006 (2011, background): “For instance, some studies have focused on inventory (e.g., Chen et al., 2005; Gaur et al., 2005), while others have centered on production resources (e.g., Vickery et al., 1993) as determinants of firm performance.”