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| Author: | Zúñiga-Vicente, J. Fuente-Sabaté, J.M de la Rodríguez-Puerta, J. |
| Title: | A study of industry evolution in the face of major environmental disturbances: group and firm strategic behaviour of Spanis banks, 1983-1997 |
| Journal: | British Journal of Management
2004 : SEP, VOL. 15:3, p. 219-245 |
| Index terms: | Banking Corporate strategy Environmental protection Groups Spain |
| Language: | eng |
| Abstract: | The story of the evolution of a specific industry is examined through the application of dynamic strategic group analysis. Particularly, the relationship between major environmental disturbances and changes that have occurred over time in the competitive structure of the industry regarding two closely related central questions is analysed. First, the way in which these environmental transformations have influenced group patterns and stability, and second, the way in which such environmental disturbances has affected the strategic positioning of individual companies. Alternative theoretical perspectives are resorted to in an attempt to answer both questions. The empirical setting is the population of Spanish banks over the period 1983-97. Use is made of a new grouping algorithm - the model-based clustering or MCLUST. |
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