Competitive Dynamics in the Global Insurance Industry
Download or Read eBook Competitive Dynamics in the Global Insurance Industry PDF written by Markus Schimmer and published by Springer Science & Business Media. This book was released on 2012-05-04 with total page 190 pages. Available in PDF, EPUB and Kindle.
| Author | : Markus Schimmer |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 190 |
| Release | : 2012-05-04 |
| ISBN-10 | : 9783834939920 |
| ISBN-13 | : 3834939927 |
| Rating | : 4/5 (20 Downloads) |
Book Synopsis Competitive Dynamics in the Global Insurance Industry by : Markus Schimmer
Book excerpt: This thesis investigates the competitive dynamics in the global insurance industry from 1999 to 2008. After reviewing the current state of the academic debate on interfirm rivalry, it derives a research agenda spanning different levels of analysis and phenomena of interest. Specifically, the thesis explores (1) how and why firms continuously adjust their strategic profiles in the presence of an industry's strategic group structure, (2) whether market shocks (namely 9/11 and Hurricane Katrina) temporarily change the decision-logic underlying competitive choices, and (3) whether stock markets respond differently to competitive moves that follow a clearly stated strategic rationale.
