The Financial Impact of ISO 9000 Certification in the United States: An Empirical Analysis

Authors:
Charles J. Corbett;María J. Montes-Sancho;David A. Kirsch
Affiliations:
Anderson School of Management, University of California, Los Angeles, California 90095-1481;Universidad Carlos III de Madrid, Madrid 126-28903, Getafe, Madrid, Spain;R.H. Smith School of Business, University of Maryland, College Park, Maryland 20742
Venue:
Management Science
Year:
2005

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Abstract

This paper examines the inventories of publicly traded American manufacturing companies between 1981 and 2000. The median of inventory holding periods were reduced from 96 days to 81 days. The average rate of inventory reduction is about 2% per year. ...