Abstract: . . .  late-adopting countries (Japan, Korea, Taiwan, US) • Observe: H3 supported country N intercept Large GlobalExports estimate p -value estimate p -value estimate p -value Australia/NZ 576 1996 <0.0001 . . .
. . .  suppliers in other countries to adopt; those suppliers imposed upon their suppliers, started domestic diffusion in other countries – H1: mixed evidence that higher penetration leads to higher pressure . . .
. . .  performance in ROA – mostly: performance of firms that don’t get certified deteriorates Page 11 ISO 9000 in the chemical industry (SIC 28) COGS / SALES (%) 5 5 5 5 . 5 5 6 5 6 . 5 5 7 5 7 . 5 5 . . .
. . .  performance in ROA – mostly: performance of firms that don’t get certified deteriorates Page 11 ISO 9000 in the chemical industry (SIC 28) COGS / SALES (%) 5 5 5 5 . 5 5 6 5 6 . 5 5 7 5 7 . 5 5 8 5 . . .
. . .  certifications in US (21,000+) – Compustat financials 1988-1997 – selected main sectors; final 3,000 firms, and 550 certifications • Event-study methods – Hendricks & Singhal (TQM) – Barber & Lyon (JFE, 1996): . . .
. . .  performance in ROA – mostly: performance of firms that don’t get certified deteriorates Page 11 ISO 9000 in the chemical industry (SIC 28) COGS / SALES (%) 5 5 5 5 . 5 5 6 5 6 . 5 5 7 5 7 . 5 5 . . .
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