Referências:
Amihud, Y.; Lev, B. (1981). Risk reduction as a managerial motive for conglomerate mergers. http://dx.doi.org/10.2307/3003575. The Bell Journal of Economics, 12(2), 605-617.
Ansoff, H. I. (1958). A model for diversification. http://dx.doi.org/10.1287/mnsc.4.4.392. Management Science, 4(4), 392-414.
Ashford, N. J.; Mumayiz, S.; Wright, P. H. (2011). Airport engineering: Planning, design, and development of 21st century airports. (4th ed.). Hoboken, NJ: John Wiley & Sons, Inc.
Barney, J. B. (2013). Gaining and sustaining competitive advantage. (4th). Harlow, Essex: Pearson.
Barros, C. P.; Liang, Q. B.; Peypoch, N. (2013). The technical efficiency of US Airlines. http://dx.doi.org/10.1016/j.tra.2013.01.019. Transportation Research Part A: Policy and Practice, 50, 139-148.
Berry, S. T. (1992). Estimation of a model of entry in the airline industry. http://dx.doi.org/10.2307/2951571. Econometrica, 60(4), 889-917.
Bhargava, A.; Sargan, J. D. (1983). Estimating dynamic random effects models from panel data covering short time periods. http://dx.doi.org/10.2307/1912110. Econometrica, 51(6), 1635-1659.
Bilotkach, V.; Lakew, P. A. (2014). On sources of market power in the airline industry: Panel data evidence from the US airports. http://dx.doi.org/10.1016/j.tra.2013.11.011. Transportation Research Part A: Policy and Practice, 59, 288-305.
Bond, S. R. (2002). Dynamic panel data models: A guide to micro data methods and practice. http://dx.doi.org/10.1007/s10258-002-0009-9. Portuguese Economic Journal, 1(2), 1-41.
Borenstein, S. (2011). Why can’t US airlines make money? http://dx.doi.org/10.1257/aer.101.3.233. American Economic Review, 101(3), 233-237.
Chang, Y. H.; Chang, Y. W. (2009). Air cargo expansion and economic growth: Finding the empirical link. http://dx.doi.org/10.1016/j.jairtraman.2008.09.016. Journal of Air Transport Management, 15(5), 264-265.
Chatterjee, S.; Wernerfelt, B. (1991). The link between resources and type of diversification: Theory and evidence. http://dx.doi.org/10.1002/smj.4250120104. Strategic Management Journal, 12(1), 33-48.
Chiu, M. C.; Wong, H. Y.; Li, D. (2012). Roy’s safety-first portfolio principle in financial risk management of disastrous events. http://dx.doi.org/10.1111/risa.12154. Risk Analysis, 32(11), 597-609.
Collins, D. L.; Román, F. J.; Chan, H. C. (2011). An empirical investigation of the relationship between profitability persistence and firms’ choice of business model: Evidence from the U.S. airline industry. http://dx.doi.org/10.2308/jmar-10124. Journal of Management Accounting Research, 23, 37-70.
Collis, D. J.; Montgomery, C. A. (2004). Corporate strategy: A resource-based approach. (2nd ed.). Boston: McGraw-Hill/Irwin.
Eisenhardt, K. (1989). Agency theory: An assessment and review. http://dx.doi.org/10.5465/AMR.1989.4279003. Academy of Management Review, 14(1), 57-74.
Furrer, O. (2015). Corporate level strategy: Theory and applications. (2nd ed.). Abingdon, OXF: Routledge.
Gitman, L. J. (2008). Princípios de administração financeira. (10a ed.). São Paulo: Pearson.
Givoni, M.; Rietveld, P. (2009). Airline’s choice of aircraft size - Explanations and implications. http://dx.doi.org/10.1016/j.tra.2009.01.001. Transportation Research Part A: Policy and Practice, 43(5), 500-510.
Haans, R. F. J.; Pieters, C.; He, Z. L. (2016). Thinking about U: Theorizing and testing U- and inverted U-shaped relationships in strategy research. http://dx.doi.org/10.1002/smj.2399. Strategic Management Journal, 17(7), 1177-1195.
Hall, A. R. (2005). Generalized method of moments. Advanced texts in econometrics. Oxford: Oxford University Press.
Hannigan, T. J.; Hamilton, R. D.; III, & Mudambi, R. (2015). Competition and competitiveness in the US airline industry. http://dx.doi.org/10.1108/CR-112014-0036. Competitiveness Review, 25(2), 134-155.
Hashai, N. (2015). Within-industry diversification and firm performance - an S-shaped hypothesis. http://dx.doi.org/10.1002/smj.2290. Strategic Management Journal, 36(9), 1378-1400.
Hausman, J. A. (1978). Specification tests in econometrics. http://dx.doi.org/10.2307/1913827. Econometrica, 46(6), 1251-1271.
Helfat, C. E.; Eisenhardt, K. M. (2004). Inter-temporal economies of scope, organizational modularity, and the dynamics of diversification. http://dx.doi.org/10.1002/smj.427. Strategic Management Journal, 25(13), 1217-1232.
Holloway, S. (2008). Straight and level: Practical airline economics. (3rd ed.). Abingdon, Oxon: Ashgate Publishing.
Hurdle, G. J.; Johnson, R. L.; Joskow, A. S.; Werden, G. J.; Williams, M. A. (1989). Concentration, potential entry, and performance in the airline industry. http://dx.doi.org/10.2307/2098526. The Journal of Industrial Economics, 38(2), 119-139.
Huse, C.; Oliveira, A. V. M. (2012). Does product differentiation soften price reactions to entry? http://dx.doi.org/10.2139/ssrn.1709070. Journal of Transport Economics & Policy, 46(2), 189-204.
International Air Transport Association. (2013). Profitability and the air transport value chain. IATA Economics Briefing nº 10. https://www.iata.org/whatwedo/Documents/economics/profitability-and-the-air-transportvalue%20chain.pdf
Jensen, M. C.; Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. http://dx.doi.org/10.1016/0304-405x(76)90026-x. Journal of Financial Economics, 3(4), 305-360.
Kumar, M. V. S. (2013). The costs of related diversification: The impact of the core business on the productivity of related segments. http://dx.doi.org/10.1287/orsc.1120.0812. Organization Science, 24(6), 1827-1846.
Kupfer, F.; Meersman, H.; Onghena, E.; Van de Voorde, E. (2017). The underlying drivers and future development of air cargo. http://dx.doi.org/10.1016/j.jairtraman.2016.07.002. Journal of Air Transport Management, 61, 6-14.
Laeven, L.; Levine, R. (2007). Is there a diversification discount in financial conglomerates? http://dx.doi.org/10.1016/j.jfineco.2005.06.001. Journal of Financial Economics, 85(2), 331-367.
Latham, S. F.; Braun, M. (2008). Managerial risk, innovation, and organizational decline. http://dx.doi.org/10.1177/0149206308321549. Journal of Management, 35(2), 258-281.
Lemmon, M. L.; Roberts, M. R.; Zender, J. F. (2008). Back to the beginning: Persistence and the cross-section of corporate capital structure. http://dx.doi.org/10.1111/j.1540-6261.2008.01369.x. Journal of Finance, 63(4), 1575-1608.
Levinthal, D. A.; Wu, B. (2010). Opportunity costs and non-scale free capabilities: Profit maximization, corporate scope, and profit margins. http://dx.doi.org/10.1002/smj.845. Strategic Management Journal, 31(7), 780-801.
Liehr, M.; Größler, A.; Klein, M.; Milling, P. M. (2001). Cycles in the sky: Understanding and managing business cycles in the airline market. http://dx.doi.org/10.1002/sdr.226. System Dynamics Review, 17(4), 311-332.
Lintner, J. (1965). The valuation of risk assets and selection of risky investments in stock portfolios and capital budgets. http://dx.doi.org/10.2307/1924119. Review of Economics and Statistics, 47(1), 13-37.
Mackey, T. B.; Barney, J. B. (2013). Incorporating opportunity costs in strategic management research: The value of diversification and payout as opportunities forgone when reinvesting in the firm. http://dx.doi.org/10.1177/1476127013481447. Strategic Organization, 11(4), 347-363.
Mackey, T. B.; Barney, J. B.; Dotson, J. P. (2017). Corporate diversification and the value of individual firms: A Bayesian approach. http://dx.doi.org/10.1002/smj.2480. Strategic Management Journal, 38(2), 322-341.
Markides, C. C.; Williamson, P. J. (1994). Related diversification, core competences and corporate performance. http://dx.doi.org/10.1002/smj.4250151010. Strategic Management Journal, 15(Suppl. S2), 149-165.
Markowitz, H. (1952). Portfolio selection. http://dx.doi.org/10.2307/2975974. Journal of Finance, 7(1), 77-91.
Meland, W. J. (2014). Measurement of a cost function for US airlines: Restricted and unrestricted translog models. http://dx.doi.org/10.1590/S223810312014000200003. Journal of Transport Literature, 8(2), 38-72.
Merkert, R.; Hensher, D. A. (2011). The impact of strategic management and fleet planning on airline efficiency - A random effects Tobit model based on DEA efficiency scores. http://dx.doi.org/10.1016/j.tra.2011.04.015. Transportation Research Part A: Policy and Practice, 45(7), 686-695.
Merkert, R.; Van de Voorde, E.; de Wit, J. (2017). Making or breaking - Key success factors in the air cargo market. http://dx.doi.org/10.1016/j.jairtraman.2017.02.001. Journal of Air Transport Management, 61, 1-5.
Miller, D.; Chen, M. J. (1994). Sources and consequences of competitive inertia: A study of the US airline industry. http://dx.doi.org/10.2307/2393492. Administrative Science Quarterly, 39(1), 1-23.
Miller, D. J. (2006). Technological diversity, related diversification, and firm performance. http://dx.doi.org/10.1002/smj.533. Strategic Management Journal, 27(7), 601-619.
Palich, L.; Cardinal, L. B.; Miller, C. (2000). Curvilinearity in the diversification-performance linkage: an examination of over three decades of research. http://dx.doi.org/10.2307/3094038. Strategic Management Journal, 21(2), 155-174.
Pierson, K.; Sterman, J. D. (2013). Cyclical dynamics of airline industry earnings. http://dx.doi.org/10.1002/sdr.1501. System Dynamics Review, 29(3), 129-156.
Popescu, A.; Keskinocak, P.; Mutawaly, I. (2010). The air cargo industry. In L. A. Hoel, G. Giuliano, & M. D. Meyer (Eds.), Intermodal transportation: Moving freight in a global economy. (pp. 209-237). Easton, MD: Harrington-Hughes & Associates, Inc.
Rawley, E. (2010). Diversification, coordination costs, and organizational rigidity: Evidence from microdata. http://dx.doi.org/10.1002/smj.838. Strategic Management Journal, 31(8), 873-891.
Reeven, P. van; Pennings, E. (2016). On the relation between multimarket contact and service quality: Mutual forbearance or network coordination? http://dx.doi.org/10.1002/smj.2435. Strategic Management Journal, 37(10), 2121-2134
Riazoshams, A. H.; Habshah, B. M., Jr.; Adam, A. M. B. (2009). On the outlier detection in nonlinear regression. International Journal of Mathematical, Computational, Physical, Electrical and Computer Engineering, 3(12), 1105-1111.
Sakhartov, A. V.; Folta, T. B. (2014). Resource relatedness, redeployability, and firm value. http://dx.doi.org/10.1002/smj.2182. Strategic Management Journal, 35(12), 1781-1797.
Sakhartov, A. V.; Folta, T. B. (2015). Getting beyond relatedness as a driver of corporate value. http://dx.doi.org/10.1002/smj.2327. Strategic Management Journal, 36(13), 1939-1959.
Scandinavian Airlines. (2013). SAS Annual Report 2013. https://www.sasgroup.net/en/wp-content/uploads/sites/2/2014/09/SAS-Annual-Report-2013English.pdf
Schulmerich, M.; Leporcher, Y. M.; Eu, C. H. (2015). Applied asset and risk management: A guide to modern portfolio management and behavior-driven markets. http://dx.doi.org/10.1007/978-3-642-55444-5. Berlin: Springer.
Sharpe, W. F. (1964). Capital asset prices: A theory of market equilibrium under conditions of risk. http://dx.doi.org/10.2307/2977928. Journal of Finance, 19(3), 425-442.
Shawky, H. A.; Dai, N.; Cumming, D. (2012). Diversification in the hedge fund industry. http://dx.doi.org/10.1016/j.jcorpfin.2011.11.006. Journal of Corporate Finance, 18(1), 166-178.
Short, J. C.; Ketchen, D. J.; Bennett, N.; Toit, M. du. (2006). An examination of firm, industry, and time effects on performance using random coefficients modeling. http://dx.doi.org/10.1177/1094428106287572. Organizational Research Methods, 9(3), 259-284.
Teece, D. J. (1982). Towards an economic theory of the multiproduct firm. https://doi.org/10.1016/0167-2681(82)90003-8. Journal of Economic Behavior and Organization, 3(1), 39-63.
Thadewald, T.; Büning, H. (2007). Jarque-bera test and its competitors for testing normality - A power comparison. http://dx.doi.org/10.1080/02664760600994539. Journal of Applied Statistics, 34(1), 87-105.
Villalonga, B. (2004). Diversification discount or premium?New evidence from the business information tracking series. http://dx.doi.org/10.1111/j.15406261.2004.00640.x. Journal of Finance, 59(2), 475-502.
Wooldridge, J. (2010). Econometric analysis of cross section and panel data. (2nd ed.). Cambridge, MA: MIT Press.
Wu, C.; Hayashi, Y.; Funck, C. (2012). The role of charter flights in Sino-Japanese tourism. http://dx.doi.org/10.1016/j.jairtraman.2012.01.005. Journal of Air Transport Management, 22, 21-27.
Yang, Y.; Narayanan, V. K.; De Carolis, D. M. (2014). The relationship between portfolio diversification and firm value: The evidence from corporate venture capital activity. http://dx.doi.org/10.1002/smj.2190. Strategic Management Journal, 35(13), 1993-2011.
Zhou, Y. M. (2011). Synergy, coordination costs, and diversification choices. 624-639. http://dx.doi.org/10.1002/smj.889. Strategic Management Journal, 32(6),
Zou, B.; Elke, M.; Hansen, M.; Kafle, N. (2014). Evaluating air carrier fuel efficiency in the US airline industry. http://dx.doi.org/10.1016/j.tra.2013.12.003. Transportation Research Part A: Policy and Practice, 59, 306-330.
