Corporate-Level Strategy, Business-Level Strategy, and Firm Performance
- 1 December 1981
- journal article
- Published by Academy of Management in The Academy of Management Journal
- Vol. 24 (4) , 663-688
- https://doi.org/10.5465/256169
Abstract
Corporate-level strategy and business-level strategy are operationalized in terms of interindustry and intra-industry variation, respectively. Variables representing both levels of strategy are used in a regression model to explain variation in firm profit performance. Both kinds of variable are found to be significant in explaining variation in firm profitability.Keywords
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