This study extends the stream of research that is concerned with the influence of portfolio interrelationships on firm performance by employing a sample of European companies. The findings of this study confirm a positive relationship between resource-based relatedness as measured by Robins and...

Managerial decisions regarding the geographic and product market scope of a firm’s activities are the essence of corporate strategy. Yet, our understanding of the relationship between these strategic choices, and how they jointly interact to impact firm performance, remains equivocal; with the...

This authoritative title, co-edited by an internationally recognised expert on corporate strategy, includes seminal articles on the theory underlying corporate strategy, the empirical evidence linking corporate strategy to firm performance and the influence of the firm's upper echelon on...

We propose that due to financial market pressures, managers are forward-looking in their search and decision processes and focus on meeting performance targets set by the financial community. Using panel data on S&P 100 companies, we find that pressure felt by management to meet the analyst...