Dynamic competition: a look at firms in the Fortune Global 500-Reference-Cited by-同舟云学术

Dynamic competition: a look at firms in the Fortune Global 500

Published:2011-10-04 Issue:5 Volume:21 Page:428-440
ISSN:1059-5422
Container-title:Competitiveness Review: An International Business Journal
language:en
Short-container-title:

Author:

Sledge Sally

Abstract

PurposeThe purpose of this paper is to provide an analysis of factors that impact global competitiveness for firms in the Fortune Global 500.Design/methodology/approachThe paper uses regression analysis to investigate the relationship between relevant competitiveness factors and firm performance for Fortune Global 500 firms, using the time period 1995‐2009.FindingsThe composition of firms on the list has changed over the timeframe. The results indicate that headquarters location and globalization are key indicators of firm performance. Other factors such as chief executive officer tenure have a lesser impact on firm performance.Research limitations/implicationsThe timeframe of the study may have impacted the findings. The study included only large firms and thus the findings may not hold for smaller or medium‐sized firms. Additional follow‐up studies are planned.Practical implicationsManagers can identify factors associated with global competitiveness from the paper and pursue those factors in their business strategies.Originality/valueThis study replicates other studies that analyze the relationship between firm situational factors and firm performance. However, this study uses a unique sample, the Fortune Global 500, over a 15‐year period.

Publisher

Emerald

Subject

General Business, Management and Accounting,Business and International Management

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