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作者:Dooley, RS; Fowler, DM; Miller, A
作者单位:University of Tennessee System; University of Tennessee Knoxville
摘要:Past research on the relationship between strategic variety and industry profitability has argued for either high homogeneity or high heterogeneity. In this paper, we review the literature on strategic variety and use it to develop hypotheses suggesting that the relationship between strategic variety and average industry profits is curvilinear. Based on our analysis of 61 industries, we find empirical support for our hypotheses, suggesting that very high levels of heterogeneity or homogeneity ...
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作者:Dyer, JH
摘要:This study examines the relationship between interfirm asset specificity and performance in the auto industry. More specifically, I examine the extent to which differences in supplier-automaker asset specialization may explain performance differences between Japanese automakers (Nissan and Toyota) and U.S. automakers (Chrysler, Ford, General Motors). The findings indicate a positive relationship between supplier-automaker specialization and performance. In particular, the data suggest a positi...
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作者:Powell, TC
摘要:Empirical studies using Federal Trade Commission Line of Business data have reported that industry membership explains between 17 percent and 20 percent of financial performance variance among firms. This study attempts to replicate these findings using an alternative sample and a methodology based on executives' perceptions. The results support those reported in previous studies, with industry factors explaining about 20 percent of overall performance variance. Moreover, the analysis produces...
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作者:Hinthorne, T
摘要:This paper examines three of the primary structures of thought and some of the situational circumstances that enable and constrain the actions of corporate leaders in the airlines industry. It argues that lawyers and corporate leaders who understand the law and the structures of power in America have a unique capacity to protect and enhance share-owner wealth. Three examples are used to propose a model of force relations in complex, high-stakes situations.