Explaining strategic performance in the portuguese financial services industry
Autor(a) principal: | |
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Data de Publicação: | 2000 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/23571 |
Resumo: | This paper aims to identify some economic and financial variables that evaluate the goodness of the strategic choices undertaken in a small economy, when most of the companies are not listed and equity prices are not available. We used the strategic decisions taken by the Portuguese financial services industry (banks and insurance companies). Based on a questionnaire that was sent to all of the Portuguese financial firms, we were able to apply factor analysis to the results to determine two major factors (business environment and strategic choices) to explain corporate performance. When strategic choices were decomposed into several explanatory subvariables we found technology adoption, strategic alliances, geographic based strategies and attention focused on competitive aspects as the main contributors. This conclusion is observable when traditional regression analysis methodology is used as well as when neural networks were built. Our methodology applied to Portuguese data provided findings that support previous research in more developed economies where studies were carried out with market prices data extracted from efficient capital markets. |
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Explaining strategic performance in the portuguese financial services industryStrategic PerformanceFinancial ServicesBanking IndustryInsurance IndustryNatural Network AnalysisPortugalThis paper aims to identify some economic and financial variables that evaluate the goodness of the strategic choices undertaken in a small economy, when most of the companies are not listed and equity prices are not available. We used the strategic decisions taken by the Portuguese financial services industry (banks and insurance companies). Based on a questionnaire that was sent to all of the Portuguese financial firms, we were able to apply factor analysis to the results to determine two major factors (business environment and strategic choices) to explain corporate performance. When strategic choices were decomposed into several explanatory subvariables we found technology adoption, strategic alliances, geographic based strategies and attention focused on competitive aspects as the main contributors. This conclusion is observable when traditional regression analysis methodology is used as well as when neural networks were built. Our methodology applied to Portuguese data provided findings that support previous research in more developed economies where studies were carried out with market prices data extracted from efficient capital markets.ISEG - Departamento de GestãoRepositório da Universidade de LisboaGonçalves, Vítor da ConceiçãoReis, António Palma dosDuque, João2022-02-17T12:15:36Z20002000-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/23571engGonçalves, Vítor da Conceição. António Palma dos Reis e João Duque .2000. “Explaining strategic performance in the portuguese financial services industry” . Instituto Superior de Economia e Gestão. Departamento de Gestão /Cadernos de Económicas /Documento de trabalho nº 4-00.0874-8470info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:53:08Zoai:www.repository.utl.pt:10400.5/23571Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:07:46.832181Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Explaining strategic performance in the portuguese financial services industry |
title |
Explaining strategic performance in the portuguese financial services industry |
spellingShingle |
Explaining strategic performance in the portuguese financial services industry Gonçalves, Vítor da Conceição Strategic Performance Financial Services Banking Industry Insurance Industry Natural Network Analysis Portugal |
title_short |
Explaining strategic performance in the portuguese financial services industry |
title_full |
Explaining strategic performance in the portuguese financial services industry |
title_fullStr |
Explaining strategic performance in the portuguese financial services industry |
title_full_unstemmed |
Explaining strategic performance in the portuguese financial services industry |
title_sort |
Explaining strategic performance in the portuguese financial services industry |
author |
Gonçalves, Vítor da Conceição |
author_facet |
Gonçalves, Vítor da Conceição Reis, António Palma dos Duque, João |
author_role |
author |
author2 |
Reis, António Palma dos Duque, João |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Gonçalves, Vítor da Conceição Reis, António Palma dos Duque, João |
dc.subject.por.fl_str_mv |
Strategic Performance Financial Services Banking Industry Insurance Industry Natural Network Analysis Portugal |
topic |
Strategic Performance Financial Services Banking Industry Insurance Industry Natural Network Analysis Portugal |
description |
This paper aims to identify some economic and financial variables that evaluate the goodness of the strategic choices undertaken in a small economy, when most of the companies are not listed and equity prices are not available. We used the strategic decisions taken by the Portuguese financial services industry (banks and insurance companies). Based on a questionnaire that was sent to all of the Portuguese financial firms, we were able to apply factor analysis to the results to determine two major factors (business environment and strategic choices) to explain corporate performance. When strategic choices were decomposed into several explanatory subvariables we found technology adoption, strategic alliances, geographic based strategies and attention focused on competitive aspects as the main contributors. This conclusion is observable when traditional regression analysis methodology is used as well as when neural networks were built. Our methodology applied to Portuguese data provided findings that support previous research in more developed economies where studies were carried out with market prices data extracted from efficient capital markets. |
publishDate |
2000 |
dc.date.none.fl_str_mv |
2000 2000-01-01T00:00:00Z 2022-02-17T12:15:36Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/23571 |
url |
http://hdl.handle.net/10400.5/23571 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Gonçalves, Vítor da Conceição. António Palma dos Reis e João Duque .2000. “Explaining strategic performance in the portuguese financial services industry” . Instituto Superior de Economia e Gestão. Departamento de Gestão /Cadernos de Económicas /Documento de trabalho nº 4-00. 0874-8470 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG - Departamento de Gestão |
publisher.none.fl_str_mv |
ISEG - Departamento de Gestão |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131171846619136 |