File Download
Supplementary

Others: CP-ALL and the Case of Value Web Creation

TitleCP-ALL and the Case of Value Web Creation
Authors
KeywordsConvenience stores
Thailand
Value chains
Value web
Issue Date2015
AbstractHow should convenience store operators like Thailand’s CP-ALL construct its value chains? What does economic theory teach us about an under-modelled area of management theory (namely value chains)? In this paper, we use a seemingly unrelated economic model analysing Vietnam to tell us something about the conglomerates running convenience stores licenses like CP-ALL. We find that convenience stores may not want to raise capital from Thai banks and the Bangkok stock market when labour productivity exceeds capital’s. We also find that inefficiencies inherent in Thai markets may significantly reduce the optimal size of a convenience store operator like CP-ALL. These operators may also (counter-intuitively) need to give up a significant share of their profits to “value service providers” when the cost of capital falls. As such, counter to the usual World Bank nostrums, improvements in Bangkok’s stock market and banks may actually hurt firms like CP-ALL.
Persistent Identifierhttp://hdl.handle.net/10722/209124
SSRN

 

DC FieldValueLanguage
dc.contributor.authorMichael , B-
dc.contributor.authorHartwell, CA-
dc.contributor.authorKorovkin, V-
dc.date.accessioned2015-03-30T07:30:17Z-
dc.date.available2015-03-30T07:30:17Z-
dc.date.issued2015-
dc.identifier.urihttp://hdl.handle.net/10722/209124-
dc.description.abstractHow should convenience store operators like Thailand’s CP-ALL construct its value chains? What does economic theory teach us about an under-modelled area of management theory (namely value chains)? In this paper, we use a seemingly unrelated economic model analysing Vietnam to tell us something about the conglomerates running convenience stores licenses like CP-ALL. We find that convenience stores may not want to raise capital from Thai banks and the Bangkok stock market when labour productivity exceeds capital’s. We also find that inefficiencies inherent in Thai markets may significantly reduce the optimal size of a convenience store operator like CP-ALL. These operators may also (counter-intuitively) need to give up a significant share of their profits to “value service providers” when the cost of capital falls. As such, counter to the usual World Bank nostrums, improvements in Bangkok’s stock market and banks may actually hurt firms like CP-ALL.-
dc.languageeng-
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectConvenience stores-
dc.subjectThailand-
dc.subjectValue chains-
dc.subjectValue web-
dc.titleCP-ALL and the Case of Value Web Creation-
dc.typeOthers-
dc.description.naturepreprint-
dc.identifier.ssrn2570762-
dc.identifier.hkulrp2015/003-

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats