Explicando La Rentabilidad De La Empresa Y Su Sustentación
AbstractThis article reviews the literature on the sources of business performance, persistence and sustainability through time, emphasizing the analysis of empirical studies. We also analyze recent literature that focuses on the importance of geographic location for business performance. Since the answers to these inquiries are keystones for strategic management, there is an ongoing debate regarding these topics. Results of this review show that the competitive advantages are more important than industry attractiveness and corporation effects for explaining business performance, and that geographic location matters. However, we can not generalize these conclusions, since they may be different for certain industries and countries. Moreover, we observe a degree of persistence in business profitability, although the gap between high and low performers tends to decrease through time. This last result indicates that competitive advantages are only partial sustainable.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Escuela de Administracion. Pontificia Universidad Católica de Chile. in its journal ABANTE.
Volume (Year): 8 (2005)
Issue (Month): 1 ()
Find related papers by JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gimena Pardo).
If references are entirely missing, you can add them using this form.