Environmental and Managerial Antecedents of Strategic Posture and Performance of Small Firms:
An Empirical Analysis

22 Pages Posted: 2 Dec 2009  

Banjo Roxas

New Zealand Centre for SME Research; Massey University - School of Management

Date Written: November 30, 2009

Abstract

A number of theories postulate the influence of industry factors and various forms of organizational capital on the strategies and performance of small firms. This study is an empirical test of such assertion by examining how industry and firm-related factors as well as managerial attributes relate to the firms’ exercise of strategic posture, and how the latter relates to the firm’s overall organizational performance. By integrating the views offered by the resource-based view (RBV) of the firm, contingency theory, industrial organization paradigm, and the upper echelons view of organizational strategy, the study revealed that industry factors such as competitive intensity and technological sophistication, and managerial factor - age of the owner/manager of the firm - significantly relate to an entrepreneurial strategic posture as well as to the firms’ overall performance. The study also highlights the mediating role of strategic posture in the hypothesized relationships.

Keywords: strategic posture, competitive intensity, technological sophistication

JEL Classification: M10, M13, M20, L60, L22, L10

Suggested Citation

Roxas, Banjo, Environmental and Managerial Antecedents of Strategic Posture and Performance of Small Firms: An Empirical Analysis (November 30, 2009). Available at SSRN: https://ssrn.com/abstract=1516059 or http://dx.doi.org/10.2139/ssrn.1516059

Banjo Roxas (Contact Author)

New Zealand Centre for SME Research ( email )

Private Box 756
Wellington
New Zealand

Massey University - School of Management ( email )

United States

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