A new perspective on a fundamental debate: A multilevel approach to industry, corporate, and business unit effects

• 成果类型: Article; Proceedings Paper
• 署名作者: Misangyi, Vilmos F.; Elms, Heather; Greckhamer, Thomas; Lepine, Jeffrey A.
• 署名单位: University of Delaware; Georgetown University; Louisiana State University System; Louisiana State University; State University System of Florida; University of Florida
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.530
• 发表日期: 2006
• 页码: 571-590
• 关键词: corporate strategy; business unit performance; firm performance; multilevel methods

摘要

We utilized a multilevel approach to both estimate the relative importance of industry, corporate, and business segment effects on firm performance, as well as to demonstrate how it enables the investigation of specific strategic factors within each class of effects. Our results confirmed previous findings suggesting that although business segment effects carry the most relative importance, industry and corporate effects are also important. Among the findings regarding specific factors, we found that industry concentration and munificence, as well as the resource environment provided by corporate parents, impact performance. These findings suggest that investigators should consider both industry and corporate environments when examining performance. Copyright (c) 2006 John Wiley & Sons, Ltd.