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Book Cover
E-book
Author Schimmer, Markus

Title Competitive dynamics in the global insurance industry : strategic groups, competitive moves, and firm performance / Markus Schimmer ; foreword by Ming-Jer Chen
Published Wiesbaden : Springer Gabler, ©2012

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Description 1 online resource (xv, 175 pages)
Contents Introduction -- Theoretical Background -- Convergence-Divergence Within Strategic Groups -- From Crisis to Opportunity: How Market Shocks Impact Interfirm Rivalry -- Performance Effects of Corporate Divestiture Programs -- Discussion and Conclusion
Summary Annotation This thesis investigates the competitive dynamics in the global insurance industry from 1999 to 2008. After reviewing the current state of the academic debate on interfirm rivalry, it derives a research agenda spanning different levels of analysis and phenomena of interest. Specifically, the thesis explores (1) how and why firms continuously adjust their strategic profiles in the presence of an industry's strategic group structure, (2) whether market shocks (namely 9/11 and Hurricane Katrina) temporarily change the decision-logic underlying competitive choices, and (3) whether stock markets respond differently to competitive moves that follow a clearly stated strategic rationale
Analysis Economics
Economics/Management Science
Insurance
economie
bedrijfswetenschap
management science
verzekering
Management studies, Business Administration, Organizational Science (General)
Economics (General)
Management, bedrijfskunde, organisatiekunde (algemeen)
Economie (algemeen)
Notes Ph. D. University of St. Gallen 2012
Bibliography Includes bibliographical references
Subject Competition
BUSINESS & ECONOMICS -- Industries -- General.
Science économique.
Affaires.
Competition
Genre/Form masters theses.
theses.
dissertations.
doctoral dissertations.
Academic theses
Academic theses.
Thèses et écrits académiques.
Form Electronic book
ISBN 9783834939920
3834939927