Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Strategic similarity and firm performance: the moderating role of national institutions

Strategic similarity and firm performance: the moderating role of national institutions This study aims to test the moderating effect of market-supporting institution on the strategic similarity–firm performance relationship.Design/methodology/approachThe present is study based on a large panel of firms from developed and emerging economies covering the period 2000–2014.FindingsHighly-developed market-supporting institutions improve the performance of firms that stick to industry's average strategies while weakly-developed market supporting institutions improve the performance of firms that deviate from industry norms.Originality/valueThis is the first paper that shows that the effect of strategic similarity on firm performance depends on the degree of development of market-supporting institutions. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Strategy and Management Emerald Publishing

Strategic similarity and firm performance: the moderating role of national institutions

Journal of Strategy and Management , Volume 16 (2): 22 – Apr 20, 2023

Loading next page...
 
/lp/emerald-publishing/strategic-similarity-and-firm-performance-the-moderating-role-of-vlVXyuDp2s

References (56)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1755-425X
DOI
10.1108/jsma-05-2022-0081
Publisher site
See Article on Publisher Site

Abstract

This study aims to test the moderating effect of market-supporting institution on the strategic similarity–firm performance relationship.Design/methodology/approachThe present is study based on a large panel of firms from developed and emerging economies covering the period 2000–2014.FindingsHighly-developed market-supporting institutions improve the performance of firms that stick to industry's average strategies while weakly-developed market supporting institutions improve the performance of firms that deviate from industry norms.Originality/valueThis is the first paper that shows that the effect of strategic similarity on firm performance depends on the degree of development of market-supporting institutions.

Journal

Journal of Strategy and ManagementEmerald Publishing

Published: Apr 20, 2023

Keywords: Strategic similarity; Institutional theory; Firm performance; Emerging economies; Developed economies; Market-supporting institutions

There are no references for this article.