Clement, Michel, Björn Christensen, Sönke Albers and Steffen Guldner

Was bringt ein Oscar im Filmgeschäft? Eine empirische Analyse unter Berücksichtigung des Selektionseffekts

Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, 59 (März): 220-198, (2007).

Copy reference link   DOI: 10.1007/BF03371693

Abstract: This article discusses the often ignored impact of sample selection bias in empirical research in business administration. Our empirical application based on the motion picture industry underlines the importance of this procedure. We find a significant impact of a nomination for the Academy Award (Oscar), if we follow the standard estimation procedures from the literature using regression analysis. However, if we correct our sample for the selection bias we do not find a significant impact of an Oscar nomination on box office anymore.

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