Open AccessEnvironmental And Structural Influences On The Strategy-Making Process Of Banks
Author(s) -
Christine S. Koberg,
Linda F. Tegarden,
William D. Wilsted
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v9i3.6036
Subject(s) - dynamism , rationality , assertiveness , resource (disambiguation) , structural equation modeling , variable (mathematics) , process (computing) , psychology , business , social psychology , computer science , political science , mathematics , computer network , mathematical analysis , physics , quantum mechanics , machine learning , law , operating system
This study investigated the effects of perceived environmental dynamism, heterogeneity, and resource munificence, as well as two structural characteristicsformalization and centralizationon the strategy-making variables of assertiveness and rationality. Finding from 59 banks indicated that perceived environmental heterogeneity and munificence were both positively related to the assertiveness and rationality of strategy-making, whereas perceived dynamism was negatively related to rationality. Formalization, a structural variable, was found to contribute the most to strategy-making.