Ownership Structure, Strategic Posture, and Firm Growth: An Empirical Examination

Catherine M. Daily · Sandra S. Thompson

118 citations0/0 files storedFamily Business Review

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Family Business Performance and Succession Corporate Finance and Governance Firm Innovation and Growth

Abstract

Distinctions among various firm ownership types have gained increasing attention among organizational researchers. The basic premise advanced is that ownership type affects firm processes and outcomes. Extant research, however, has largely addressed the relationship between ownership type and firm performance, with little attention to the means for achieving higher performance. This study investigates the relationships among firms' ownership structure, strategic posture, and firm growth. Strategic posture can provide a firm with a means for attaining a competitive advantage in the marketplace and achieving superior performance. Results indicate that strategic posture does not differ based on the ownership structure of the firm. Additionally, regression analysis demonstrates no effect for ownership structure or strategic posture on firm growth.

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References

2003The Theory of Economic Development 1980Competitive Strategy: Techniques for Analyzing Industries and Competitors 1978Organizational Strategy, Structure, and Process 2013Academy of Management Journal 1978Organizational Strategy, Structure, and Process 2017The theory of economic development 1965Mergers and the Market for Corporate Control 1984Porter's (1980) Generic Strategies as Determinants of Strategic Group Membership and Organizational Performance

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