EconPapers    
Economics at your fingertips  
 

Vantagem Competitiva, Criação de valor e seus efeitos sobre o Desempenho

Renata Peregrino de Brito and Luiz Artur Ledur Brito

RAE - Revista de Administração de Empresas, 2012, vol. 52, issue 1

Abstract: Competitive advantage is the main hypothesis to explain the firm performance heterogeneity. However, competitive advantage is frequently simplified and empirically treated as profitability, despite its implications for the overall firm performance. Considering that, this article develops a metric for competitive advantage by means of the analysis of its effects over financial performance, combining the curves of profitability and market share growth. Using a multilevel model, the individual results for each firm is isolated and tested against each sector mean. The model is applied to a sample of American companies (COMPUSTAT), in four intervals during the period of 1990 to 2009. The results reveal different competitive configurations, in which 16% of the firms are positioned in advantage and 16,5% in disadvantage (2005-2009),considering that the analysis for the other intervals demonstrated stability of the results.

Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/30629 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fgv:eaerae:v:52:y:2012:i:1:a:30629

Access Statistics for this article

RAE - Revista de Administração de Empresas is currently edited by Eduardo Diniz

More articles in RAE - Revista de Administração de Empresas from FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil)
Bibliographic data for series maintained by Núcleo de Computação da FGV EPGE ().

 
Page updated 2019-09-28
Handle: RePEc:fgv:eaerae:v:52:y:2012:i:1:a:30629