Artikel
A firm-industry analysis of services versus manufacturing
In the literature on the firm-industry debate to explain organizational performance the firm effect has been more supported than the industry effect by empirical studies, mainly focused on manufacturing firms and long time periods. Unfortunately, little attention has been paid to the service sector. In this paper we study separately manufacturing and services in a broad sample of Spanish companies. We observe that in manufacturing the firm effect outweighs the industry effect while in services the opposite is the case in a ten-year period. However, when we split the time horizon into two five-year sub-periods, this behavior only remains in the second one, of moderate economic growth. In the first one, of strong economic growth, the firm effect prevails for both manufacturing and services. These findings underline the importance of the industry effect for services, suggesting that such effect may have been underestimated in the literature, as well as that of the level of economic growth specially for the decision-making of practitioners.
- Sprache
-
Englisch
- Erschienen in
-
Journal: European Research on Management and Business Economics (ERMBE) ; ISSN: 2444-8834 ; Volume: 28 ; Year: 2022 ; Issue: 1 ; Pages: 1-9
- Klassifikation
-
Management
Corporate Finance and Governance: General
Business Economics
Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
Firm Performance: Size, Diversification, and Scope
- Thema
-
Firm effect
Industry effect
Manufacturing
Performance
Services
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fernández Vázquez, Esteban
López-López, Vicente
Jardón, Carlos M.
Iglesias-Antelo, Susana
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier
- (wo)
-
Amsterdam
- (wann)
-
2022
- DOI
-
doi:10.1016/j.iedeen.2021.100181
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Fernández Vázquez, Esteban
- López-López, Vicente
- Jardón, Carlos M.
- Iglesias-Antelo, Susana
- Elsevier
Entstanden
- 2022
Ähnliche Objekte (12)
The roles of competition on innovation efficiency and firm performance: Evidence from the Chinese manufacturing industry
Intrinsic value estimates and its accuracy: Evidence from Indian manufacturing industry
Competition and resilience: Lean manufacturing in the plastic industry in Lebanon
Family firm research: A review
Structure of the producing side of the wine industry: Firm typologies, networks of firms and clusters
Board independence and firm performance: Evidence from Bangladesh
Banker directors and firm performance: Are family firms different?
Foreign versus domestic institutional investors in emerging markets: Who contributes more to firm-specific information flow?
Firm-specific, and institutional determinants of corporate investments in Nigeria
State ownership and firm performance: Empirical evidence from Chinese listed companies
New Firm Survival: Industry versus Firm Effects
Export market destination and performance: Firm-level evidence from Sub-Saharan Africa
The roles of competition on innovation efficiency and firm performance: Evidence from the Chinese manufacturing industry
Intrinsic value estimates and its accuracy: Evidence from Indian manufacturing industry
Competition and resilience: Lean manufacturing in the plastic industry in Lebanon
Family firm research: A review
Structure of the producing side of the wine industry: Firm typologies, networks of firms and clusters
Board independence and firm performance: Evidence from Bangladesh
Banker directors and firm performance: Are family firms different?
Foreign versus domestic institutional investors in emerging markets: Who contributes more to firm-specific information flow?
Firm-specific, and institutional determinants of corporate investments in Nigeria
State ownership and firm performance: Empirical evidence from Chinese listed companies
New Firm Survival: Industry versus Firm Effects
Export market destination and performance: Firm-level evidence from Sub-Saharan Africa
The roles of competition on innovation efficiency and firm performance: Evidence from the Chinese manufacturing industry
Intrinsic value estimates and its accuracy: Evidence from Indian manufacturing industry
Competition and resilience: Lean manufacturing in the plastic industry in Lebanon
Family firm research: A review
Structure of the producing side of the wine industry: Firm typologies, networks of firms and clusters
Board independence and firm performance: Evidence from Bangladesh
Banker directors and firm performance: Are family firms different?
Foreign versus domestic institutional investors in emerging markets: Who contributes more to firm-specific information flow?
Firm-specific, and institutional determinants of corporate investments in Nigeria
State ownership and firm performance: Empirical evidence from Chinese listed companies
New Firm Survival: Industry versus Firm Effects