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首页> 外文期刊>Journal of Business Research >Antecedents of firm performance in emerging economies: Business groups, strategy, industry structure, and state support
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Antecedents of firm performance in emerging economies: Business groups, strategy, industry structure, and state support

机译：新兴经济体公司业绩的前因：业务集团，战略，行业结构和国家支持

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摘要

A rich literature has investigated the antecedents of firm performance in developed economies, resulting in a consensus view that firm resources and strategy are the key determinants. Several arguments, however, suggest that in emerging economies other factors are more important for firm performance. This study analyzes the impact of firm strategy and industry structure as well as business group membership and state support on firm performance in an advanced emerging economy, Turkey. Using a data set compiled from a selection of the 1000 largest manufacturing firms in this country, the study employs several regression models to identify the main determinants of firm performance as measured by productivity and net profit margin. In contrast to studies of developed economies, the investigation finds that firm-related factors (competitive strategies) do not significantly influence performance; instead factors related to industry structure and business group membership are the strongest determinants of firm performance; further, state support interacts with business group membership and is positively related to productivity.
机译：丰富的文献调查了发达经济体中企业绩效的前因，从而形成了共识，即企业资源和战略是关键的决定因素。但是，有几个论点表明，在新兴经济体中，其他因素对公司绩效更为重要。这项研究分析了在新兴的新兴经济体土耳其，公司战略和行业结构以及企业集团成员资格和国家支持对公司绩效的影响。该研究使用从该国1000家最大的制造企业中选择的数据集，该研究采用了几种回归模型来确定以生产率和净利润率衡量的企业绩效的主要决定因素。与对发达经济体的研究相反，该调查发现与企业相关的因素（竞争策略）对绩效没有显着影响。相反，与行业结构和业务组成员身份有关的因素是企业绩效的最重要决定因素；此外，国家支持与业务组成员互动，并且与生产力成正比。

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