Does group membership matter?: evidence from the Japanese steel industry

Article Abstract:

Research on strategic groups in the Japanese steel industry seeks to understand if group membership influences firm performance. After controlling for firm-specific and environment effects, findings suggest that group membership is associated with firm-level performance.

Planning, Statistical Data Included, Analysis, Management, Business planning, Industrial organization

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Cointegration of firm strategies within groups: a long-run analysis of firm behavior in the Japanese steel industry

Article Abstract:

The authors use cointegration analysis to study the behavior of firms.

Science & research

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Strategy and environment as determinants of performance: evidence from the Japanese machine tool industry

Article Abstract:

The influence of the environment and realized strategies on the performance of firms in the Japanese machine tool industry was examined. For the study, data on a sample of 25 firms from 1979 to 1992 were used. Results reveal that the environment and firm strategies influence the profitability and growth of the firms. However, although there was a significant relationship between firm profitability and strategic and environmental factors, only environmental factors were found to affect the growth of the firm. Moreover, capital costs and technological change were not found to be negatively related with profitability, which is a direct contrast to US studies. Instead, the study found that technological change positively influences firm growth.

Metalworking Machinery, Machine Tools, Metalworking Machinery Manufacturing, Performance, Corporations, Tool industry, Corporate growth, Corporations, Japanese

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