First-mover effects in multiple dynamic markets

Article Abstract:

The impact of market pioneering in the semi-submersible oil-drilling business is investigated. Data on the features of all industry rigs worldwide, such as type, location and ownership, gathered annually from 1962 to 1984 by Offshore Data Services are analyzed. Results indicate that first entry in the international market can lead to market share enhancement. The impact of pioneering on market share is found to be inter-market rather than intra-market. Findings suggest that pioneering may be employed by businesses as a strategy in withstanding localization pressures and in ensuring their survival in the international markets.

Oil and gas exploration services, Market share, Natural gas exploration, Oil and gas exploration, Petroleum exploration

---

Identifying mobility barriers

Article Abstract:

Factors influencing sustained intraindustry profit differentials, also referred to as mobility barriers, across various industries were identified using a new PIMS research data base. Information on the profitability of competing business entities and the factors thought to contribute to the observed profit differentials were analyzed. Results of the study suggest that factors related to differentiation are more responsible for intraindustry profit differentials than factors associated with cost.

Finance, Profits, Industry, Industries, Corporate profits

---

Are emerging economies less efficient? Performance persistence and the impact of businesses group affiliation

Article Abstract:

The conflicting predictions of the revisionist and accepted views on the persistence of firm performance in emerging economies are examined. Firms in emerging economies that are affiliated with an MNC or a business group have a greater persistence of poor performance than firms that are unaffiliated with the intermediate governance structures.

India, Evaluation, Business performance management

Similar abstracts:

• Abstracts: On the good news in equity carve-outs. Stock prices and the supply of information. Stock splits, volatility increases, and implied volatilities
• Abstracts: Interindustry differences in the relation between compensation and firm performance variables. A comment on 'A Behavioral Study of the Meaning and Influence on Tax Complexity'
• Abstracts: External auditor evaluation of the internal audit function. Capital markets research and accounting standard setting
• Abstracts: Managing professional liability. Where the accountant comes in. The role of the forensic accountant
• Abstracts: Final regs. on Chapter 14 simplify valuation rules. Avoiding the tax bite in converting to an LLC. Limited liability companies are increasingly popular

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.