Open AccessMULTILEVEL MODELING OF THE PERFORMANCE VARIANCE
Author(s) -
Alexandre Teixeira Dias,
Carlos Alberto Gonçalves,
Cristiana Fernandes De Muÿlder,
Márcio Augusto Gonçalves
Publication year - 2012
Publication title -
revista ibero-americana de estratégia
Language(s) - English
Resource type - Journals
ISSN - 2176-0756
DOI - 10.5585/riae.v11i3.1856
Subject(s) - variance (accounting) , multilevel model , computer science , economics , machine learning , accounting
Focusing on the identification of the role played by Industry on the relations between Corporate Strategic Factors and Performance, the hierarchical multilevel modeling method was adopted when measuring and analyzing the relations between the variables that comprise each level of analysis. The adequacy of the multilevel perspective to the study of the proposed relations was identified and the relative importance analysis point out to the lower relevance of industry as a moderator of the effects of corporate strategic factors on performance, when the latter was measured by means of return on assets, and that industry don‟t moderates the relations between corporate strategic factors and Tobin‟s Q. The main conclusions of the research are that the organizations choices in terms of corporate strategy presents a considerable influence and plays a key role on the determination of performance level, but that industry should be considered when analyzing the performance variation despite its role as a moderator or not of the relations between corporate strategic factors and performance