Download ~ Strategic Comparisons of Very Large Firms to Smaller Firms in a Financial Service Industry. * by Academy of Strategic Management Journal ~ eBook PDF Kindle ePub Free
eBook details
- Title: Strategic Comparisons of Very Large Firms to Smaller Firms in a Financial Service Industry.
- Author : Academy of Strategic Management Journal
- Release Date : January 01, 2007
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 275 KB
Description
ABSTRACT The paper presents an empirical investigation comparing strategic profiles of very large enterprises (VLEs) to small and medium sized firms (SMEs) in the financial services industry, collecting data from a sample of executives at credit unions. In particular, the authors find VLEs to be larger, more structurally integrated, centralized and complex, more market oriented, and to be more aggressive firms in general when compared to SMEs. The VLEs also show higher levels of perceived relative profitability and relative adaptability than SMEs. However, no differences are found between VLEs and SMEs regarding profitability when considering accounting returns. It appears that size is a critical factor to be considered in the financial services industry.
