haku: @indexterm profitability / yhteensä: 685
viite: 297 / 685
Tekijä: | Amel, D. Froeb, L. |
Otsikko: | Do firms differ much? |
Lehti: | Journal of Industrial Economics
1991 : MAR, VOL. 39:3, p. 323-331 |
Asiasana: | PROFITABILITY BANKING MARKET SHARE |
Kieli: | eng |
Tiivistelmä: | With firm profitability data for a cross-section of geographic markets, it is possible to determine the relative importance of firm and market effects on profitability. Analysis of variance from a panel of multibank holding companies in Texas suggests that firm effects are more important than market effects in determining profitability, and that the magnitudes of the effects vary over time. In so far as they can be interpreted with respect to the classical, revisionist and managerial hypotheses, the results offer the most support to the managerial view. However, data for the earlier, more prosperous part of the sample period do not give as much support to the managerial hypothesis. |
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