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

被引：0
|
作者：
Martynov, Aleksey [1 ]
机构：
[1] Univ Houston Clear Lake, Dept Management, Houston, TX 77058 USA
来源：
JOURNAL OF STRATEGY AND MANAGEMENT | 2023年 / 16卷 / 02期
关键词：
Strategic similarity; Institutional theory; Firm performance; Emerging economies; Developed economies; Market-supporting institutions; PROPERTY-RIGHTS; ISOMORPHISM; COMPETITION; RESOURCES;
D O I：
10.1108/JSMA-05-2022-0081
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
PurposeThis 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.
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页码：301 / 322
页数：22
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