Text
Asymmetric rivalry between strategic groups: response, speed of response and ex ante vs. ex post competitive interaction in the spanish bank deposit market
The objective of this study is to examine asymmetric rivalry between strategic groups in a given industry. Two research hypotheses argue for the existence of asymmetric rivalry in the sense that strategic groups of small companies have a greater degree of response but a slower speed of response to the actions of strategic groups of large companies, than vice versa. To test this, an ex post approach is used that examines the news releases published on the strategic actions and reactions of firms. A third hypothesis compares ex ante competitive expectations with ex post asymmetric rivalry between strategic groups. To test this, ex post news on actions/reactions is compared with an ex ante approach that estimates conjectural variations. The empirical application carried out on bank deposits in the Spanish market defines strategic groups in terms of size due to the historical and institutional conditions of the industry (deregulatory change)..Printed Journal
Call Number | Location | Available |
---|---|---|
PSB lt.dasar - Pascasarjana | 1 |
Penerbit | John Wiley & Sons., |
---|---|
Edisi | - |
Subjek | Strategic management Competition Management theory Organizational behavior Bank Deposits studies Hypothesis testing Press releases |
ISBN/ISSN | 1432095 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |