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Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial health. Neglecting these differences confuses inefficiency with heterogeneity while sub-sample estimation prohibits efficiency comparisons across different samples. We use a...
Persistent link: https://www.econbiz.de/10010295952
A business model describes the design of the value creation and capture mechanisms needed to yield profit. We contend that for a business model to be viable in turbulent and hypercompetitive environments, its dynamics are important and must leverage, out of all key business model modules...
Persistent link: https://www.econbiz.de/10011540248
Since the early 2000s, there has been rapid growth in the number and spread of supermarkets in southern Africa. This paper is a synthesis of key findings of studies undertaken in Botswana, South Africa, Zambia, and Zimbabwe on the expansion of supermarkets and the impact this has had on...
Persistent link: https://www.econbiz.de/10011653982
This paper explores the effect of the spread of supermarkets on the participation of suppliers in supermarket value chains in Botswana and South Africa. Using secondary data and in-depth interviews with key players in the value chain, the paper evaluates the buyer power of supermarkets evidenced...
Persistent link: https://www.econbiz.de/10011654019
The current article explores interesting, significant and recently identified nuances in the relationship “culture-strategy …, direction, structure, role and hierarchy of “culture-strategy” relation are defined as a starting point of the analysis. The … way a contemporary notion of the nature of “culture-strategy” relationship for the entities from the world of business is …
Persistent link: https://www.econbiz.de/10011984774
Over the past two decades, southern African countries have experienced rapid growth in the number and spread of supermarkets. Several factors have been attributed to this growth, including increasing urbanization, increased per capita income, the rise of the middle class, economies of scale and...
Persistent link: https://www.econbiz.de/10011440691
This study assesses the impact of the single market program (SMP) and the European monetary union (EMU) on the German …: A partial retreat of savings as well as cooperative banks from investment banking, accompanied by increasing market …
Persistent link: https://www.econbiz.de/10010291719
This paper reviews empirical and theoretical work concerning the relationship between innovative activities of firms and the dynamics of industries. Stylized facts on industry evolution and the analysis of industrial dynamics in general are a first building block. This discussion just reflects a...
Persistent link: https://www.econbiz.de/10010291737
interquartile range of the price distribution in a market. These results suggest that markups move procyclically in the airline …
Persistent link: https://www.econbiz.de/10010292230
Do firms employing undocumented workers have a competitive advantage? Using administrative data from the state of Georgia, this paper investigates the incidence of undocumented worker employment across firms and how it affects firm survival. Firms are found to engage in herding behavior, being...
Persistent link: https://www.econbiz.de/10010292269