IDEAS home Printed from https://ideas.repec.org/a/bla/stratm/v3y1982i4p315-330.html
   My bibliography  Save this article

Functional importance and company performance: Moderating effects of grand strategy and industry type

Author

Listed:
  • Michael A. Hitt
  • R. Duane Ireland
  • Gregory Stadter

Abstract

The literature suggests that the appropriate combinations of functional importance (i.e., through resource allocations, type of activities) for high levels of company performance are affected by the type of grand strategy pursued by the firm and the firm's industry type. These relationships were examined for 93 industrial firms. Data on functional importance, grand strategy, and industry type were obtained from top executives while financial data were collected from the Compustat data files. The results showed that both grand strategy and industry type moderated the relationship between functional importance and company performance. These relationships were also examined for each grand strategy by industry type cell to provide data for further research.

Suggested Citation

  • Michael A. Hitt & R. Duane Ireland & Gregory Stadter, 1982. "Functional importance and company performance: Moderating effects of grand strategy and industry type," Strategic Management Journal, Wiley Blackwell, vol. 3(4), pages 315-330, October.
    • Handle: RePEc:bla:stratm:v:3:y:1982:i:4:p:315-330
    DOI: 10.1002/smj.4250030404
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/smj.4250030404
    Download Restriction: no
    File URL: https://libkey.io/10.1002/smj.4250030404?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Judge, William Q. & Naoumova, Irina & Koutzevol, Nadejda, 2003. "Corporate governance and firm performance in Russia: an empirical study," Journal of World Business, Elsevier, vol. 38(4), pages 385-396, November.
    2. André de Waal, 2011. "Strategy Only Matters A Bit: The role of Strategy in the High Performance Organization," Working Papers 2011/02, Maastricht School of Management.
    3. Bilal Bin Saeed & Wenbin Wang & Rui Peng, 2014. "Diagnosing organisational health: a case study of Pakistani banks," International Journal of Information Systems and Change Management, Inderscience Enterprises Ltd, vol. 7(1), pages 43-69.
    4. Gallear, David & Ghobadian, Abby & Chen, Weifeng, 2012. "Corporate responsibility, supply chain partnership and performance: An empirical examination," International Journal of Production Economics, Elsevier, vol. 140(1), pages 83-91.
    5. Holm, Ulf & Sharma, D. Deo, 2006. "Subsidiary marketing knowledge and strategic development of the multinational corporation," Journal of International Management, Elsevier, vol. 12(1), pages 47-66, March.
    6. Robert N. Lussier & Matthew C. Sonfield & Joel Corman & Mary McKinney, 2001. "Strategies Used by Small Business Entrepreneurs," American Journal of Business, Emerald Group Publishing, vol. 16(1), pages 29-38.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:stratm:v:3:y:1982:i:4:p:315-330. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1111/0143-2095 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.