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The purpose of this paper is to extend research related to a firm’s behavioural momentum and its financial performance and to further examine any moderating effect from various perspectives - how firm-level (firm age and size), industry-level, and country-level factors can interact with the power of momentum to affect a firm’s performance.

Data were collected from the Compustat and Yahoo Finance databases for firms in the USA and the Taiwan Economic Journal (TEJ) for firms in Taiwan. The final sample of US firms is from a panel with 239 unique companies in electronics-related industries across a 22-year time span (1991-2012). The final sample of Taiwanese firms is from a panel with 184 unique companies also in electronics-related industries across a 22-year time span (1991-2012).

The results show that momentum does not significantly improve firm performance, and thus the power of momentum is a myth. However, the relationship between momentum and firm performance can be moderated by firm age, size, capital intensity, and country of origin, respectively, under some circumstances.

The originality and value are that this is a multiple-perspective study of firm behavioural momentum and firm performance to comprehensively discover each of their respective relationships. This study has further extended the debate over path-dependent perspectives with contingent perspectives across the borders to fill knowledge and theoretical gaps, while the evidence-based findings provide top management with practical knowledge for strategic planning and execution with another avenue for future research on the momentum effect.

The purpose of this paper is to explore the relationship between the strategic fit of supply chains and the formulation of future strategies.

This study focuses on Taiwanese investments in China and offers models based mainly on the transaction cost theory and the eclectic theory using data surveyed from 1,100 Taiwanese companies in China's Pearl River Delta (PRD) and the Yangtze River Delta (YRD).

Strategic fit from the perspective of the degree of vertical integration and the degree to which a Taiwanese firm fits in the local supply chain can affect the propensity for strategic change. That is, strategic fits in internalization strategy for vertical integration and in localization strategy for fit in the local supply chain are related to how a firm formulates its future strategies. Industrial factors between technological sectors and non‐technological sectors, and geographical factors between the YRD and the PRD further reveal different levels of significance in the strategic fit‐change relationship.

The paper fills some gaps. First, the study described in the paper examines strategic fit from the supply chain perspective to fill the knowledge gap regarding the significance of strategic fit in a supply chain and its impact on strategic change. To deal with the multi‐dimensionality of strategic fit, this study attributes to evidence of multiple perspectives. Second, the study extends the industrial effect and the geographic effect on the strategic fit‐change relationship. Third, the evidence‐based findings provide academia, business practitioners and government agencies with evidence regarding foreign direct investment strategies from supply chain perspectives.

This research aims to discover the relationship between social media usage (SMU) and the critical thinking ability (CTA) of university students, and to answer the question that whether social media dependence (SMD) affects the development of CTA, and thus providing a reference for the social media access strategy of academic libraries from the perspective of media information literacy.

The research data were collected via 300 valid questionnaires whose respondents are students from three universities in China. Multistage stratified cluster sampling method was used to select the respondents, which guarantees statistical representativeness. A pre-test was conducted to ensure the validity of the questionnaire.

It is shown that the total score of CTA and the six sub-dimensions are significantly positively correlated with SMU, but strongly negatively correlated with SMD. Based on the mediating effect testing, it is discovered that the degree of SMD can affect the promoting relations between the usage intensity of social media (UISM) and CTA. Clearly, SMU is a double-edged sword. While it narrows the digital gap in terms of accessibility, it widens the digital gap in terms of usage.

The differences in SMU have a significant impact on the development of CTA of university students. This inspires us to consider the ability of “using social media in a balanced way” as an important evaluation and training direction when inquiring media literacy. As social media is becoming a critical channel in cultivating individual's thinking skills, it is highly suggested that the amount of time spent on reading fragmented information on the internet should be controlled.