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Nonmarket Effects on Strategic Fit and Performance: An Economic Institutional Change Perspective

How do market and nonmarket environmental factors affect firm investment decisions and subsequent performance? Economic Institutional Change Theory is extended to the product market-firm level of analysis to develop a model of dynamic strategic fit to nonmarket and market factors. The co-evolution of market and institutional factors creates four basic opportunity sets comprised of low to high market opportunities and low to high political opportunities. Contingency models are estimated using generalized least squares regression for three of the four opportunity sets. Deviation from the contingency models is used to measure strategic fit and used to test the relationship between fit and economic performance. Empirical evidence did not support the assertion that fit is related to performance in the first two opportunity contexts. Empirical support was found in the third study for strategic fit to political factors. / A Dissertation submitted to the Department of Management in partial fulfillment of
the requirements for the degree of Doctor of Philosophy. / Date Awarded: Spring Semester, 2008. / Date of Defense: February 8, 2008. / Strategic Fit, Corporate Political Activity, Nonmarket Strategy, Economic Institutional Change / Includes bibliographical references. / Bruce T. Lamont, Professor Directing Dissertation; Michael D. Hartline, Outside Committee Member; Annette L. Ranft, Committee Member; Gerald R. Ferris, Committee Member.

Identiferoai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_169193
ContributorsLux, Sean (authoraut), Lamont, Bruce T. (professor directing dissertation), Hartline, Michael D. (outside committee member), Ranft, Annette L. (committee member), Ferris, Gerald R. (committee member), Department of Management (degree granting department), Florida State University (degree granting institution)
PublisherFlorida State University, Florida State University
Source SetsFlorida State University
LanguageEnglish, English
Detected LanguageEnglish
TypeText, text
Format1 online resource, computer, application/pdf
RightsThis Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s). The copyright in theses and dissertations completed at Florida State University is held by the students who author them.

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