摘要:

AbstractWhether and why members of the same strategic group would experience different performance results has received little attention in previous research. These questions are addressed in this paper. First, conventional theory on the relationship between firm performance and strategic group membership is reviewed. Then a theory is developed as to how historical differences among strategic group members may result in performance differences. An empirical analysis of risk and return relationships is conducted, centered on the nature of environmental change characterizing the industry. The empirical setting throughout is the U.S. pharmaceutical industry over the period 1963–8

ISSN:0143-2095    

DOI:10.1002/smj.4250090302

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

摘要:

AbstractThis research tested the relationship between the characteristics and background of U.S. top executives, and measures of corporate performance. Data were obtained from 953 top managers; the dominant coalition of the largest 150 companies within five U.S. industries—dairy, footwear, tyres, mobile homes, and machine tools. Results were generally positive: managerial characteristics not only predicted performance variations within industries—the top performers having significantly different managerial profiles than poorly performing companies—but also that the characteristics of managers within high‐performing companies were similar across the five ind

ISSN:0143-2095    

DOI:10.1002/smj.4250090303

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

摘要:

AbstractIn this study, businesses were categorized into six groups on the basis of their methods of production, rates of innovation, and product sophistication. Technology, strategy, and performance‐related variables were then used to successfully relate these categories to archetypes in three existing conceptual typologies. Although the strategies of the six groups differed significantly, their profitability levels did no

ISSN:0143-2095    

DOI:10.1002/smj.4250090304

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

摘要:

AbstractEmpirical studies conducted at the Institut de Recherche de l'Entreprise (Lyon, France) show that, in ‘stalemate industries’ (cf. the BCG's typology, 1981), differentiation strategies are effective and profitable alternatives to the usual strategic recommendations. The knowledge of customers' behavior shows up several opportunities for differentiation, hidden by some kind of ‘strategic presbyopia’. Total quality or ‘zero default’ strategy (product quality regularity, punctuality of deliveries, quick response to unexpected orders, quick and correct answers to requests, short delivery times) is the major opportunity for differentiation. Such strategies are compatible with a low‐cost position; excellent companies which succeeded in building this ‘total advantage’ (diferentiation + low cost) over their competitors enjoy the highest market share growth

ISSN:0143-2095    

DOI:10.1002/smj.4250090305

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

摘要:

AbstractThis paper explores the patterns of buyer and seller structure among business units in the PIMS database and how buyer/seller structure is related to profit outcomes, both long‐term through the product life cycle and short‐term between periods of boom and recession. Businesses with a favourable structure (few sellers, many buyers buying items of low importance) typically maintain margins through the product life cycle, but if there are many sellers facing few and determined buyers, margins and profitability are likely to deteriorate in recession and to continue to decline through the life cy

ISSN:0143-2095    

DOI:10.1002/smj.4250090306

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

摘要:

AbstractA sample of 218 mergers made by randomly selected bidders during 1962 to 1983 is classified by changes in the product market opportunities of the bidder firms. Multivariate regression analysis shows that acquisitions which permit the bidder access to new but related markets create the most value with the least variance.

ISSN:0143-2095    

DOI:10.1002/smj.4250090307

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

摘要:

AbstractThis paper empirically investigates the effects of competition and corporate political responsiveness on multinational bargaining power. The results indicate that the more intense the competition, the weaker the bargaining power of multinationalsvis‐à‐visthat of host governments. Further, higher corporate political responsiveness plays an increasingly important role in safeguarding the bargaining power position of multinationals as competition intensifies. Implications and future research development are sugge

ISSN:0143-2095    

DOI:10.1002/smj.4250090308

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY

ISSN:0143-2095    

DOI:10.1002/smj.4250090301

出版商:John Wiley&Sons, Ltd.    

年代:1988

数据来源: WILEY