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El. knyga: Handbook of Marketing and Finance

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Many organizations have found that the value to business operations and financial performance created by the marketing function has become very important. The need to demonstrate this importance has also become clear. Top managers are constantly challenging marketers to document marketing's contribution to the bottom-line and link marketing investments and assets to metrics that matter to them. This Handbook relates marketing actions to various types of risk and return metrics that are typically used in the domain of finance. It provides current knowledge of this marketing-finance interface in a single, authoritative volume and brings together new cutting-edge research by established marketing scholars on a range of topics in the area. The research in the marketing-finance interface spans tactical and strategic marketing actions related to the creation, communication, delivery and appropriation of the value proposition. The chapters, specifically written for this Handbook, draw on theoretical developments in economics, accounting, finance, psychology and cutting-edge statistical and econometric approaches.

Academics and doctoral students in marketing, accounting, finance, and applied economics, along with marketing and brand strategy-focused business practitioners and consultants, will appreciate the state-of-the-art research herein.

Contributors include: S. Bharadwaj, A. Chakravarty, Y. Chen, S. Fournier, S. Ganesan, I. Geyskens, K. Gielens, R. Grewal, M. Hanssens, L. Hsu, J. Hulland, M. Hutt, V. Kumar, D. Kurt, Y. Liu, X. Luo, N. Mizik, J. Pennings, K. Poewels, D. Sihi, A. Sorescu, R. Srinivasan, S. Srinivasan, C. Tarasi, K. Tuli, N. Umashankar, P. Verhoef, B. Walker
List of figures
vii
List of tables
viii
List of contributors
ix
Introduction 1(8)
Shankar Ganesan
PART I METRICS AND METHODS
1 Enhancing financial performance: the power of customer metrics
9(34)
V. Kumar
Nita Umashankar
2 Time-series models of pricing the impact of marketing on firm value
43(23)
Xueming Luo
Koen H. Pauwels
Dominique M. Hanssens
3 How to better value branded businesses: a conditional multiplier approach
66(20)
Natalie Mizik
4 Financial portfolio theory and customer management: insights and research directions
86(22)
Michael D. Hutt
Crina O. Tarasi
Beth A. Walker
5 Marketing information disclosures: a review and research agenda
108(21)
Raji Srinivasan
Debika Sihi
PART II CREATING, COMMUNICATING, DELIVERING, AND SUSTAINING VALUE AND FIRM PERFORMANCE
6 Innovation and the market value of firms
129(26)
Alina Sorescu
7 Branding and firm value
155(49)
Shuba Srinivasan
Liwu Hsu
Susan Fournier
8 The marketing-finance interface in channels of distribution research: a roadmap for future research
204(21)
Katrijn Gielens
Inge Geyskens
9 The marketing-finance interface: an organizational perspective
225(19)
Peter C. Verhoef
Joost M.E. Pennings
10 Corporate financial policy and marketing strategy: the case of IPOs and SEOs
244(25)
Didem Kurt
John Hulland
PART III MARKETING ACTIONS AND VALUE DESTRUCTION
11 Putting the cart before the horse: short-term performance concerns as drivers of marketing-related investments
269(24)
Anindita Chakravarty
Rajdeep Grewal
12 Product-harm crisis management and firm value
293(22)
Yong Liu
Yubo Chen
Shankar Ganesan
Ronald Hess
Index 315
Edited by Shankar Ganesan, University of Notre Dame, US