386
Views
14
CrossRef citations to date
0
Altmetric
Two Takes on Firm Performance

Firm versus Sector Effects on Profitability and Growth: The Importance of Size and Interaction

&
Pages 205-220 | Published online: 18 Jun 2009

References

  • Aiken , Leona S. , West , Stephen G. and Reno , Raymond R. 1991 . Multiple Regression: Testing and Interpreting Interactions , Thousand Oaks and London : Sage .
  • Arend , Richard . 2009 . Industry effects and firm effects: No effect is an island . Journal of Business Research , 62 (6) : 651 – 659 .
  • Bain , Joe S. 1951 . Relation of profit rate to industry concentration: American manufacturing 1936–1940 . The Quarterly Journal of Economics , 65 (4) : 602
  • Barney , Jay B. 1991 . Firm resources and sustained competitive advantage . Journal of Management , 17 (1) : 99 – 120 .
  • Birch , David L. 1989 . Change, innovation, and job generation . Journal of Labor Research , 10 (1) : 33 – 39 .
  • Brush , Thomas H. , Bromiley , Philip and Hendrickx , Margaretha . 1999 . The relative influence of industry and corporation on business segment performance: An alternative estimate . Strategic Management Journal , 20 (6) : 519 – 547 .
  • Chaganti , Radha , Chaganti , Rajeswararao and Mahajan , Vijay . 1989 . Profitable small business strategies under different types of competition . Entrepreneurship: Theory & Practice , 13 (3) : 21 – 35 .
  • Chang , Sea‐Jin and Singh , Harbir . 2000 . Corporate and industry effects on business unit competitive position . Strategic Management Journal , 21 : 739 – 752 .
  • Cohen , Jacob , Cohen , Patricia , West , Stephen G. and Aiken , Leona S. 2003 . Applied Multiple Regression/Correlation Analysis for the Behavioral Sciences , Mahwah, N.J. : L. Erlbaum Associates .
  • Davidsson , Per , Achtenhagen , Leona and Naldi , Lucia . . Research on small firms growth: a review . Proceedings of the European Institute of Small Growth Business .
  • Delmar , Frederic , Davidsson , Per and Gartner , William B. 2003 . Arriving at the high‐growth firm . Journal of Business Venturing , 18 (2) : 189 – 216 .
  • Edelman , Linda F. , Brush , Candida G. and Manolova , Tatiana . 2005 . Co‐alignment in the resource‐performance relationship: strategy as mediator . Journal of Business Venturing , 20 (3) : 359 – 433 .
  • Eriksen , Bo and Knudsen , Thorbjorn . 2003 . Industry and firm level interaction. Implications for profitability . Journal of Business Research , 56 : 191 – 199 .
  • Hall , Graham and Abd Wahab , Kalsom . 2007 . Influences on the performance of small firms in Malaysia . International Journal of Business and Globalisation , 1 (1) : 88 – 106 .
  • Hawawini , Gabriel , Subramanian , Venkat and Verdin , Paul . 2003 . Is performance driven by industry‐ or firm‐specific factors? A new look at the evidence . Strategic Management Journal , 24 (1) : 1
  • Jaccard , James , Turrisi , Robert and Wan , Choi K. 1990 . Interaction effects in multiple regression , Newbury Park : Sage Publications .
  • Kessides , Ioannis N. 1990 . Internal versus external market conditions and firm profitability – an exploratory model . Economic Journal , 100 (402) : 773 – 792 .
  • Marquardt , Donald W. 1980 . A critique of some ridge‐regression methods – Comment . Journal of the American Statistical Association , 75 (369) : 87 – 91 .
  • Mauri , Alfredo J. and Michaels , Max P. 1998 . Firm and industry effects within strategic management: An empirical examination . Strategic Management Journal , 19 (3) : 211
  • McGahan , Anita M. 1999 . The performance of US corporations: 1981–1994 . Journal of Industrial Economics , 47 (4) : 373 – 398 .
  • McGahan , Anita M. and Porter , Michael E. 1997 . How much does industry matter, really? . Strategic Management Journal , 18 : 15 – 30 .
  • McGahan , Anita M. and Porter , Michael E. 2002 . What do we know about variance in accounting profitability? . Management Science , 48 (7) : 834 – 851 .
  • McNamara , Gerry , Aime , Frederico and Vaaler , Paul . 2005 . Is performance driven by industry or firm‐specific factors? A response to Hawawini, Subramanian and Verdin . Strategic Management Journal , 26 : 1075 – 1081 .
  • Misangyi , Vilmos , Elms , Heather , Greckhamer , Thomas and Lepine , Jeffrey . 2006 . A new perspective on a fundamental debate: a multilevel approach to industry, corporate, and business unit effects . Strategic Management Journal , 27 (6) : 571
  • Mosakowski , Elaine . 1993 . A resource‐based perspective on the dynamic strategy‐performance relationship: an empirical examination of the focus and differentiation strategies in entrepreneurial firms . Journal of Management , 19 (4) : 819 – 839 .
  • Porter , Michael . 1985 . Competitive Advantage: Creating and Sustaining Superior Performance , New York : Free Press .
  • Porter , Michael . 2008 . The five competitive forces that shape strategy . Harvard Business Review , 86 (1) : 79 – 93 .
  • Priem , Richard L. and Butler , John E. 2001 . Is the resource‐based ‘view’ a useful perspective for strategic management research? . Academy of Management Review , 26 (1) : 22 – 40 .
  • Roquebert , Jaime A. , Phillips , Richard L. and Westfall , Peter A. 1996 . Markets vs management: What ‘drives’ profitability? . Strategic Management Journal , 17 (8) : 653 – 664 .
  • Ruefli , Timothy W. and Wiggins , Robert R. 2003 . Industry, corporate, and segment effects and business performance: A non‐parametric approach . Strategic Management Journal , 24 (9) : 861
  • Rumelt , Richard P. 1991 . How much does industry matter? . Strategic Management Journal , 12 (3) : 167 – 185 .
  • Schmalensee , Richard . 1985 . Do markets differ much? . American Economic Review , 75 (3) : 341
  • Sharma , Subhash , Durand , Richard M. and Gur‐Arie , Oded . 1981 . Identification and analysis of moderator variables . Journal of Marketing Research , 18 (3) : 291 – 300 .
  • Short , Jeremy C. , Ketchen , David J. , Palmer , T.B. and Hult , T.G. 2007 . Firm, Strategic Group, and Industry Influences on Performance . Strategic Management Journal , 28 (2) : 147 – 167 .
  • Storey , David J. , Keasey , Kevin , Watson , Robert and Wynarczyk , Pooren . 1994 . The Performance of Small Firms , London : Groom Helm .
  • Teece , David J. , Pisano , Gary and Shuen , Amy . 1997 . Dynamic capabilities and strategic management . Strategic Management Journal , 18 (7) : 509 – 533 .
  • Villa , Jennifer R. , Howell , Jon P. , Dorfman , Peter W. and Daniel , David L. 2003 . Problems with detecting moderators in leadership research using moderated multiple regression . Leadership Quarterly , 14 (1) : 3 – 23 .
  • Wernerfelt , Birger . 1984 . A resource‐based view of the firm . Strategic Management Journal , 5 (2) : 171 – 180 .
  • Wernerfelt , Birger and Montgomery , Cynthia A. 1988 . Tobin’s q and the importance of focus in firm performance . American Economic Review , 78 (1) : 246
  • Wiggins , Robert R. and Ruefli , Timothy W. 2002 . Sustained competitive advantage: temporal dynamics and the incidence and persistence of superior economic performance . Organization Science , 13 (1) : 81 – 105 .
  • Woodhead , Lindy . 2007 . Shopping, Seduction & Mr Selfridge , London : Profile .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.