Time, Firm and Country Effects on Performance: An Analysis under the Perspective of Hierarchical Modeling with Repeated Measures
The literature is unclear about how firm and country effects influence performance over time. Under the initial hypotheses that there are significant changes in the performance of companies operating in Brazil in recent years and that these variations are due to existing characteristics in each firm and to the country of origin, this study considers, through the use of hierarchical modeling with repeated measures, an approach that allows analyzing random effects as an alternative to evaluate the evolution of profitability. The findings, based on a sample of 523 firms from 18 countries over 8 years (1998-2005), for a total of 2,545 observations, is that only the firm effect is representative to differentiate the average performance and growth rates of this performance among companies in the period studied. The results contribute to the understanding of the multilevel factors that determine firm performance over time.
Volume (Year): 5 (2008)
Issue (Month): 3 (September)
|Contact details of provider:|| Postal: |
Phone: +55 27 4009-4423
Fax: +55 27 4009-4422
Web page: http://www.bbronline.com.br/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:bbz:fcpbbr:v:5:y:2008:i:3:p:163-180. See general 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: (Sarah Lasso)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.