Is performance driven by industry-or firm-specific factors? A response to Hawawini, Subramanian, and Verdin

Article Abstract:

Hawawini, Subramanian, and Verdin examined the relative impact of industry versus firm-level factors shaping firm performance and concluded that previous research underestimated the relative impact of industry-level factors for 'average' firms that make up the bulk of an industry. The study presented, however argues that they incorporated an artificial restriction of within-industry sample variance that almost deterministically led to lower firm and higher industry variance leading to similar results.

Influence, Barriers to entry (Industrial organization), Barriers to entry, Business success

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Same as it ever was: the search for evidence of increasing hypercompetition

Article Abstract:

This article examines the validity of the argument that markets have become increasingly competitive from the 1970s-1990s. Topics include market stability, competitive advantage, and hypercompetition.

Market Targeting & Approach, Market strategy

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Understqnding competitive advantage in the general hospital industry: evaluating strategic competencies

Article Abstract:

The authoprs examine the effect of strategic competencies have on hospitals in competition. Advantages are interorganizational relationships and market structure.

Hospitals, Management dynamics, Management, Company business management

Similar abstracts:

• Abstracts: Is performance driven by industry- or firm-specific factors? A reply to McNamara Aime, and Vaaler. Is performance driven by industry- or firm-specific factors?: a new look at the evidence

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