Sources of variation in firm profitability and growth

被引：65
|
作者：
Goddard, John [1 ]
Tavakoli, Manouche [2 ]
Wilson, John O. S. [2 ]
机构：
[1] Bangor Univ, Bangor Business Sch, Bangor LL57 2DG, Gwynedd, Wales
[2] Univ St Andrews, Sch Management, St Andrews KY16 9AS, Fife, Scotland
来源：
JOURNAL OF BUSINESS RESEARCH | 2009年 / 62卷 / 04期
关键词：
Firm; industry and country effects; Growth; Profitability; Variance decomposition; RESOURCE-BASED VIEW; BUSINESS PERFORMANCE; COMPETITIVE ADVANTAGE; CORPORATE-GROWTH; STRATEGIC GROUPS; HOME COUNTRY; INDUSTRY; PERSISTENCE; SIZE; LAW;
D O I：
10.1016/j.jbusres.2007.10.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article reports an analysis of the sources of variation in profitability and growth for manufacturing firms located in eleven European countries. A variance decomposition analysis determines the importance of the country, industry, corporate group and firm effects on profitability and growth. The analysis reveals evidence of differences between industries in the comparative advantage offered by different countries, reflecting a tendency for specialization and geographic concentration. However, as in several previous studies, the firm-level effects are the most important class of effect in explaining the variation in performance. (c) 2008 Elsevier Inc. All rights reserved.
引用
收藏
页码：495 / 508
页数：14
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