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Organizational ownership, competitive intensity, and firm performance: an empirical study of the Indian manufacturing sector
Abstract
Emerging countries are using privatization as a key strategy in their drive to become free market economies. Although these ownership changes are rapidly gaining prominence, the academic literature has been equivocal about the performance benefits of private vs. state ownership. The lack of clarity in findings can be largely traced to the underspecification of the models that prior studies have examined. Specifically, prior studies have mostly ignored the central role of competitive rivalry. This paper proposes a model that centers around the interactive, inseparable effects of ownership and competitive rivalry on firm performance. Results of the empirical examination set in India show that competitive intensity moderates the relationship between ownership and performance. Copyright © 2001 John Wiley & Sons, Ltd.
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Citations
Cited by
Zhou, K. Z., Gao, G. Y., & Zhao, H. (2017) · Administrative Science Quarterly · doi:10.1177/0001839216674457 · Cited by 1,205
Dubey, R., Gunasekaran, A., Childe, S. J., Fosso Wamba, S., Roubaud, D., & Foropon, C. (2021) · International Journal of Production Research · doi:10.1080/00207543.2019.1582820 · Cited by 958
The impact of capital‐structure choice on firm performance: empirical evidence from Egypt
El‐Sayed Ebaid, I. (2009) · The Journal of Risk Finance · doi:10.1108/15265940911001385 · Cited by 566
Ownership as a form of corporate governance
Connelly, B. L., Hoskisson, R. E., Tihanyi, L., & Certo, S. T. (2010) · Journal of Management Studies · doi:10.1111/j.1467-6486.2010.00929.x · Cited by 389
Metadata
- Authors
- Ramaswamy, K.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2001-08-28
- Volume
- 22
- Issue
- 10
- Pages
- 989-998
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W1975053966
- Cited by
- 255
- References
- 0
- FWCI
- 13.79
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.