Response to mcGAHAN and porter's commentary on 'industry, corporate and business-segment effects and business performance: A non-parametric approach'

Strategic Management Journal

Volumn 26, Issue 9, 2005, Pages 881-886

  Ruefli, Timothy W ^a   Wiggins, Robert R ^b  

^a UNIVERSITY OF TEXAS AT AUSTIN   (United States)

^b UNIVERSITY OF MEMPHIS   (United States)

Author keywords

Ceteris paribus assumption; Non parametric analysis; Variance components analysis

Indexed keywords

DATA REDUCTION; ECONOMICS; INDUSTRIAL MANAGEMENT; INDUSTRIAL RESEARCH; REGRESSION ANALYSIS; SOCIETIES AND INSTITUTIONS;

BUSINESS PERFORMANCE; BUSINESS SEGMENTS; NON-PARAMETRIC APPROACH; STRATEGIC MANAGEMENT;

STRATEGIC PLANNING;

EID: 23844482279     PISSN: 01432095     EISSN: None     Source Type: Journal    
DOI: 10.1002/smj.479     Document Type: Review

References (22)

1. Allison DB, Neale MC, Zannolli R, Schork NJ, Amos CI, Blangero J. 1999. Testing the robustness of the likelihood ratio test in a variance-component quantitative-trait locimapping procedure. American Journal of Human Genetics 65: 531-544.
2. Barber BM, Lyon JD. 1996. Detecting abnormal operating performance: the empirical power and specification of test statistics. Journal of Financial Economics 41(3): 359-399.
3. Bierens HJ, Swanson NR. 2000. The econometric consequences of the ceteris paribus condition in economic theory. Journal of Econometrics 95(2): 225-253.
4. Black J. 1997. A Dictionary of Economics. Oxford University Press: Oxford.
5. Brush TH, Bromiley P. 1997. What does a small corporate effect mean? A variance components simulation of corporate and business effects. Strategic Management Journal 18(10): 825-835.
6. Chang S-J, Singh H. 2000. Corporate and industry effects on business unit competitive position. Strategic Management Journal 21(12): 739-752.
7. Daniel WW. 1978. Applied Nonparametric Statistics. Houghton Mifflin: Boston, MA.
8. McGahan AM 1999. The performance of U.S. corporations: 1981-1994. Journal of Industrial Economics 47: 373-398.
9. McGahan AM, Porter ME. 1997. How much does industry matter really? Strategic Management Journal, Summer Special Issue 18: 15-30.
10. McGahan AM, Porter ME. 1999. The persistence of shocks to profitability. Review of Economics and Statistics 81(1): 143-153.
11. McGahan AM, Porter ME. 2002. What do we know about variance in accounting profitability? Management Science 48(7): 834-851.
12. McGahan AM, Porter ME. 2003. The emergence and sustainability of abnormal profits. Strategic Organization 1(1): 79-108.
13. McGahan AM, Porter ME. 2005. Comment on 'Industry, corporate and business-segment effects and business performance: a non-parametric approach'. Strategic Management Journal 26(9): 873-880.
14. Mueller DC. 1986. Profits in the Long Run. Cambridge University Press: Cambridge, U.K.
15. Porter ME. 1980. Competitive Strategy: Techniques for Analyzing Industries and Competitors. Free Press: New York.
16. Porter ME. 1985. Competitive Advantage: Creating and Sustaining Superior Performance. Free Press: New York.
17. Ruefli TW, Wiggins RR. 2000. Longitudinal performance stratification: an iterative Kolmogorov-Smirnov approach. Management Science 46(5): 685-692.
18. Ruefli TW, Wiggins RR. 2003. Industry, corporate and business-segment effects and business performance: a non-parametric approach. Strategic Management Journal 24(9): 861-879.
19. Rumelt R. 1991. How much does industry matter? Strategic Management Journal 12(3): 167-185.
20. Schmalensee R. 1985. Do markets differ much? American Economic Review 75: 341-351.
21. Siegel S, Castellan NJ Jr. 1988. Nonparametric Statistics for the Behavioral Sciences (2nd edn). McGraw-Hill: New York.
22. Waring G. 1996. Industry differences in the persistence of firm-specific returns. American Economic Review 86: 1253-1265.