Studies on Time―Lag Effect of Corporate Performance Influenced by Competitive Strategy.docVIP
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Studies on Time―Lag Effect of Corporate Performance Influenced by Competitive Strategy.doc
Studies on Time―Lag Effect of Corporate Performance Influenced by Competitive Strategy
Abstract
Corporate performance has been analyzed by using quarterly economic data between 1st Quarter of 2003 and 1st Qpanies of the Chinese medical biologicals after implementing the formulated strategy. Spetitive strategy influenced corporate performance to some extent brings about time-lag effect and differentiation strategy influenced corporate performance related Duration of Lag inferior to that of Lowcost strategy; at the same time, competitive strategy has a long-term effect on corporate performance, with differentiation strategy influenced Duration of Lag in corporate performance which is more longer than that of Lowcost strategy. Finally, from test results we can also conclude that it is more difficult for implementing differentiation strategy than for Lowcost strategy, even bringing about highly risks and there is little possibility to succeed after being implemented.
Key words: Differentiation strategy; Lowcost strategy; Coporate performance; Time-Lag effect
LEI Hui, OUYANG Liping (2012). Studies on Time-Lag Effect of Corporate Performance Influenced by Competitive Strategy. Cross-Cultural Communication, 8(6), -0. Available from: http:///index.php/ccc/article/view/j.ccc.1923670020120806.ZRLO
DOI: http:///10.3968/j.ccc.1923670020120806.ZRLO.
INTRODUCTION
How corporate strategy and behavior may have an effect on corporate performance is always one of the highlights on studies in the areas of strategic management. Since 1980, Strategic management scientist, Michael E. petition, petitive strategy and corporate performance (Dess Davis, 1984; PAN et al., 2007).
Wpetitive strategy has an effect on corporate strategy is a research subject mainly in the traditional literature, including various types of strategies influenced on corporate performance (Kumar et al., 1997; LIU XU, 2008), few scholars took any further step towards when corporate perform
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