| Devising a Corporate Facility Location
Strategy to Maximize Shareholder Wealth Author: Chris Manning, Mauricio Rodriguez and Chinmoy Ghosh
Start Page: 321
End Page: 340
Volume: 17
Issue Number: 3
Year: 1999
Publication: Journal of Real Estate Research
Abstract: Location decisions
should consider all related impacts upon a firms shareholder wealth. Overall, firm
cost savings available at alternative locations need to be carefully examined in addition
to a locations impact on corporate sales revenues. This article reviews relevant
literature, discusses recent location decision considerations for several companies and
empirically tests a model seeking to measure the impact corporate relocation decisions
have upon shareholder wealth. In addition, a classification and listing of corporate
location considerations is put forth to supplement the anecdotal illustrations discussed
herein. Together these represent a "primer" for professionals and executives
involved in corporate facility location decisions.
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